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wage factor
Wage rate
if a firm employ one more worker, total output of the firm will increase. This Increase in output which results due to the employment of one additional worker is call marginal revenue of product. each worker receives a salary in the form of wages. this wage is the cost of the labour to the firm. A firm will employ additional worker only if the value of increase in output is greater or equal to the wage rate. if wage rate falls, demand for labour will rise.
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What was the BJs legal settlement that drove down earnings?
Payment of money owed employees for work done earlier.A number of companies have tried various tactics to beat employees out of wages, however, the law always protects the worker when it involves wages.
What are private sector wages?
They are the wages paid to employees in the private sector.
Can you pay your employees cash wages?
wow
What is The wages paid by an employer to employees?
payroll
Are businesses taxed on the money they make before or after they pay employees?
After. Wages are expensed and deducted on the Company's balance sheet. Taxes are calculated based on the companies profit or loss for the year.
Is a cost of living raise mandatory?
There is no requirement to provide a cost of living raise. Most companies provide them to keep good employees, so they don't look for higher wages elsewhere.
Can a Ca employer hold an employees wages?
There are situations where a California employer can hold an employee's wages. If the employee's wages are being garnished the employer can hold them.
How does minimum wage and safety laws affect wages?
Minimum wage prevents companies from paying employees less than what they are worth, safety laws keeps these workers safeRead more http://www.kgbanswers.com/how-do-minimum-wage-and-safety-laws-affect-wages/21422709#ixzz2l4j2RJaK
How minimum wage and safety laws affect wages?
Minimum wage prevents companies from paying employees less than what they are worth, safety laws keeps these workers safeRead more http://www.kgbanswers.com/how-do-minimum-wage-and-safety-laws-affect-wages/21422709#ixzz2l4j2RJaK
When firms begin to pay higher wages to keep their current employees and attract new employees what happens as a result of the increased wages?
Prices of goods and services increase, leading to an economic slowdown.
Can I pay wages in alternate years?
You can pay wages whenever you please --- just be sure your employees agree with your method of payment. If you can find employees who will allow you to pay them once every 20 years, then do that!
What are the conflicts between Customers and Employees?
Employees want high wages, whereas consumers want low prices.
