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in wha circumstnces pay for performance is appropriate and why

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11y ago

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Difference between Advance Payment Guarantee and Performance Bond?

Contract Performance Bonds - Contractors will usually be asked to provide a performance bond for up to 20% of the contract price to protect the employer.Advance Payment Bonds - In circumstances where advances are being given before work is carried out or material delivered an advance payment bond protects the party making the advance recover the funds if the work is not completed or materials are not supplied.


What does monthly periodic payment means?

a monthly periodic payment is a payment made each month at a specific time each month. This can either be a payment made to an individual such as an annuity payment, or a payment made from an individual such as a loan payment.


How do professional athletes receive their compensation?

Professional athletes receive their compensation through a combination of salary, bonuses, endorsements, and performance incentives. Their contracts outline the terms of their payment, which can vary based on their individual performance, team success, and market value.


Can the bank reverse a Zelle payment?

Yes, banks can reverse a Zelle payment in certain circumstances, such as if there was an error or fraud involved.


What is a payment of performance deposit for?

A performance deposit ensures a contractor's performance of his bid to perform labor and/or provide materials to a jobsite or client.


I have unfiled tax returns, what can I do?

Filing a past due return may not be as difficult as you think. Taxpayers should file all tax returns that are due, regardless of whether or not full payment can be made with the return. Depending on an individual's circumstances, a taxpayer filing late may qualify for a payment plan. All payment plans require continued compliance with all filing and payment responsibilities after the plan is approved. However, full payment of taxes saves you money.


Can you stop a good for payment cheque?

No. A good for payment is automatically paid to the beneficiary upon the maturity of the check. A bank undertakes the responsibility that it will not stop the payment of the check under any circumstances.


How much was state pension in 1949?

In 1949, the state pension in the United Kingdom was around £1 a week for a single person. The exact amount varied based on the individual's circumstances, but the average payment was approximately £52 per year.


Can a bank reverse a Zelle payment?

Yes, a bank can reverse a Zelle payment in certain circumstances, such as if there was an error or fraud involved. It is important to contact your bank as soon as possible if you need to reverse a Zelle payment.


What is the difference of monetary and non-monetary incentive?

monetary relating to moneyIndividual Incentives-incentive‐based pay plan that rewards individual performance.Bonus-Individual performance incentive in the form of a special payment made over and above the employee's salarynonmonetary not relating to moneyFlexible Hours.Holidays.Job PromotionRecognitionIndependence and Autonomy.


What is a payment bond and a Performance bond?

Performance bonds protect the obligee (obligee is the entity requiring the bond)Requiring a performance and payment bond will insure that the project will be completedIf the principal defaults in its performance set forth in the contract to the obligee and the contractor is unable to successfully perform the job, the surety assumes the contractor's responsibilities and ensures that the project is completed. Below are the four types of contract bonds that may be required1. Bid Bond which guarantees that the bidder on a contract will pierce into the contract and equip the mandatory payment along with performance bonds. 2. Payment Bond which guarantees payment from the contractor of money to persons who furnish labor, materials equipment and also supplies for use in the performance of the contract. 3. Performance Bond which warranties that the contractor will hold out the contract in pact with its terms. 4. Ancillary Bonds which are auxiliary as well as crucial to the performance of the contract. Source http://www.integritybonds.com


Does a guardian get paid?

In some cases, guardians can receive payment for their services, particularly if they are appointed by a court or if they are providing care for a person who requires significant assistance. Payment can come from the individual's funds, government programs, or specific guardianship compensation arrangements. However, the rules and availability of compensation vary by jurisdiction and the circumstances of the guardianship. It's essential for guardians to understand their rights and obligations regarding payment in their specific situation.