0
What else can I help you with?
Why isn't the USSR considered to be geographically speaking the largest empire ever?
Fixed year renummeration could be confused for fixed remuneration. Remuneration is the total compensation a worker receives from an employer. Fixed remuneration is made up a workers base salary, retirement, and other benefits.
Is there such a thing called a fixed year renummeration?
Yes, a fixed year remuneration consists of base salary, retirement and other benefits. It represents a certain percentage of an individualÍs remuneration package.
What is a fixed contract?
your mom fixed it
What is a fixed term contract?
Generally, a fixed term contract means you are tied into the contract for a fixed term. An example would be like a telephone line, most companies have a fixed term contract of say 12 months. Apart from your 'tester period' at the beginning, you are stuck in the contract for 12 months.
How long can you be employed on a fixed term contract?
For the duration of the fixed term.
What is the difference between prepaid and fixed term contract?
Prepaid is the same as fixed term!
What contract type puts the full risk on the contractor?
Fixed Pric
How many years of work a fixed term contract become a regular contract in big organizations?
The fixed term of a contract does not automatically change after any time period. It remains the same until replaced by a new contract that includes a negotiated change in term.
What is the proper amount of money to obligate at the award of a firm fixed-price contract?
The full amount of the contract
What is definition of expiration?
The ending of the fixed period for which a contract is valid.
What are the rights of promoters in a company?
A promoter is not an agent for the company which he is forming, because a company cannot have an agent before it comes into existence. Further more, he is not a trustee for the company because there is no company yet in existence. The promoter stands in fiduciary relation to a company and to those persons becomes shareholder later, the promoter is accountable to the company like an agent and trustee. He cannot make any secret profit. He must disclose everything to the company. He is personally liable for all contract made by him with third party on behalf of company. Before incorporation a company has no legal existence and so cannot make a contract. A promoter, therefore, has no legal right to claim remuneration for his services. If the promoter enters into a contract with the company about his remuneration, after the incorporation of company, then directors are liable to pay remuneration. The remuneration may be paid in any of these ways. If a commission on business or property taken over by the company through him. A company may give him a lump sum amount in cash. Some shares can be allotted to him. He may take a commission at a fixed rate on shares sold. He may take an option to subscribe for certain non-issued shares of company at par within a fixed period.
What are the Disadvantages of a construction Fixed Price Contract?
The disadvantage of a fixed price contract is work can be incomplete or sloppy if they fall behind. When a vendor is working on a fixed price contract, they do their best to keep their cost down. The more they save themselves, the more they profit. In efforts to keep their profit margins high, they could reduce the quality of their work.
