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- supply and demand for labour

- business' ability to pay

- awards / promotions

- rates paid by competitors

- individual job performance and/or potential

- job content and classification

- nature and usage of the overall compensation package

- relationship of pay rates to workforce planning

- frequency of reviews and evaluation

- budgetary and cost constraints

- performance assessment systems

- psychological and personal factors affecting employee work performance

- trade union pressures

- economic conditions, such as cost of living increases

- changes in technology (and adaptation to them)

- job analysis technique

- the organisation's public image

- special features of job (location, skills, disabilities)

- equity

- market competitiveness

- motivation

- state law about compensation (minimum / maximum)

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Why does turnover occur?

Turnover occurs for various reasons, including job dissatisfaction, lack of career advancement opportunities, inadequate compensation, and poor management. Employees may also leave for better work-life balance, company culture, or to pursue new challenges. Additionally, external factors such as economic conditions and industry trends can influence turnover rates. Overall, a combination of personal and organizational factors drives employees to seek new opportunities.


What is the cost of foreign products?

The cost of foreign products can vary widely based on factors such as import tariffs, shipping fees, exchange rates, and the cost of production in the exporting country. Additionally, market demand and local competition can influence pricing. It's essential to consider these factors when evaluating the overall cost of foreign goods in a specific market.


When evaluating projects using the internal rate of Return are projects with a lower early year cash flow preferred at higher discount rates?

Yes it is true. When evaluating projects using internal rate of return projects having higher early year cash flows tend to be preferred at higher discount rates.


What are the different income tax brackets?

Tax brackets are the rates that people pay on their taxable income. The actual rates vary and can range anywhere from 10% to 35%. The tax rates vary based on factors such as marriage status.


How much to charge for w2's?

The cost to charge for W-2 preparation typically ranges from $20 to $50 per form, depending on the complexity of the client's financial situation and the volume of forms being processed. Factors such as additional services (like filing or consulting), location, and market rates can also influence pricing. It's advisable to research local competitors and consider your expertise when setting your rates.

Related Questions

What is the difference between internal and external factors?

In any Company there are Internal Factors affecting the company and External Factors affecting the company. Internal Factors are Management Descisions on what sort of business the company is in, quality of services or stock sold by the company. External Factors affecting the company include the Global Financial Crisis, government policies, and central bank interest rates.


What is the internal factors that control metabolism and the external factors?

Internal factors that control metabolism include hormonal regulation, enzyme activity, genetic makeup, and the availability of substrates for metabolic processes. Hormones like insulin and glucagon play crucial roles in regulating glucose and fat metabolism, while enzymes catalyze biochemical reactions. External factors encompass dietary intake, physical activity levels, environmental temperature, and lifestyle choices, all of which can significantly influence metabolic rates and efficiency. Together, these internal and external factors interact to maintain metabolic balance and energy homeostasis in the body.


How does internal business environment factors affect an organization?

Internal business environment factors, such as company culture, organizational structure, and employee morale, significantly influence an organization's efficiency and effectiveness. A positive culture fosters collaboration and innovation, leading to higher productivity and employee retention. Conversely, a poor internal environment can result in low motivation, high turnover rates, and decreased performance. Ultimately, these factors shape decision-making processes and the organization's ability to adapt to external challenges.


What factors is not an external influencing factor in wages and salary administration?

One factor that is not an external influencing factor in wages and salary administration is an organization's internal pay structure. This includes internal equity considerations, such as the relative worth of various positions within the company, employee performance evaluations, and the overall compensation strategy set by management. Unlike external factors such as market rates, labor supply, or economic conditions, these internal elements are primarily determined by the organization's policies and objectives.


What are the external factors that influence business?

There are several factors that may influence a business or businesses. They are the following:1. Availability of labor;2. Competition from other businesses;3. Government regulations;4. Weather;5. Interest rates;and6. General economic conditions.


What factors influence reading rates?

Factors that can influence reading rates include individual reading ability, reading environment, level of interest in the material being read, distractions, and reading goals. Additionally, the complexity and difficulty of the text can also impact reading rates.


What Internal Growth Factors Which Influence In Vertebrates?

Internal growth factors in vertebrates include hormones, growth factors, and genetic factors that regulate cellular growth and development. Key hormones such as growth hormone and thyroid hormones play crucial roles in promoting growth and metabolic processes. Additionally, growth factors like insulin-like growth factors (IGFs) stimulate cell proliferation and differentiation. Genetic factors also influence growth patterns and rates, as they dictate the expression of various growth-related genes.


What are the factors that influence learning retention rates?

Factors that influence learning retention rates include the individual's level of engagement, the relevance of the material, the quality of instruction, the use of effective study techniques, and the presence of distractions.


Why do loan interest rates matter and what factors influence them?

Loan interest rates matter because they determine the cost of borrowing money. Factors that influence interest rates include the borrower's credit score, the loan amount, the loan term, the type of loan, and current economic conditions.


How do interest rates work and what factors influence them?

Interest rates are the cost of borrowing money or the return on investments. They are influenced by factors such as inflation, economic conditions, central bank policies, and market demand for credit. When these factors change, interest rates can go up or down.


The careful study of reaction rates including the factors that influence them and mechanisms by which they occur is known as?

Kinetics


What is the careful study of reactions rates including the factors that influence them and mechanisms by which they occur?

its not : diuretics its : kinetics