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Example of supply create its own demand?
For example > Supply means somebody did work to create that supply, work means somebody earned wages by creating that supply(producing something which is going to be sold out). Wages is what enable that worker to then demand goods and services from other workers. Which then becomes their wages, and so on.
What is an example of government regulation involving a restaurant business?
An example of government regulation involving a restaurant business is health and safety inspections conducted by local health departments. These inspections ensure that restaurants comply with food safety standards, such as proper food handling, sanitation practices, and employee hygiene. Failure to meet these regulations can result in fines, temporary closures, or loss of operating permits. Additionally, restaurants must adhere to zoning laws and labor regulations regarding employee wages and working conditions.
What are Efficiency wages?
Efficiency wages are higher-than-market wages that employers pay to motivate workers to be more productive, reduce turnover, and attract higher-quality applicants. By offering these wages, firms aim to enhance employee loyalty and performance, as workers are incentivized to work harder to retain their jobs and the associated benefits. This concept suggests that paying above the equilibrium wage can lead to greater overall efficiency within the company. As a result, efficiency wages can sometimes lead to a surplus of labor, as the higher pay attracts more applicants than there are available positions.
When a government tells people what to produce how much to produce what price to charge and what wages to pay its an example of what?
a command economy.
How would the lowering of employee wages and a decrease in benefits affect the economy?
Lowering employee wages and decreasing benefits would likely lead to reduced consumer spending, as employees would have less disposable income to spend on goods and services. This decline in consumer demand can negatively impact businesses, potentially resulting in reduced sales, lower profits, and even layoffs. Additionally, decreased employee morale and productivity may occur, further hampering economic growth. Overall, such measures could create a cycle of economic contraction, affecting both individuals and the broader economy.
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.
Can you write off employee wages on your taxes?
Yes, you can generally deduct employee wages as a business expense on your taxes.
Do you pay income tax that an employee owed when they send it in a 1099 form?
Form 1099 is used for NON-employee compensation; for example, a contractor. If the person is an employee, then you need to file a W-2 form to report wages and withholding.
If an employee steals from his employer can this amount be added to the employee's wages as taxable income?
This money cannot be added to the employee's wages as taxable income. This money is not theirs and should be reported to the police.
What is Remunaration?
It is the wages and bonuses paid to an employee.
If employer makes a mistake calculating past wages can the employer take back overpayment of wages from employee?
Yes. It is the employee's responsibilty to ensure their salary is correct.
What were wages in pulp mills in 2001?
Employee wages averaged $21.41 per hour in 2001
Could we get reimburse for check issued to wrong employee?
Yes, you may cancel this check or demand reimbursement for whatever the employee owes in excess of their duly earned wages for that pay period. The employee has no entitlement to wages they did not earn.
What percentage can a company garnish an employee's wages?
First, a company can not garnish an employee's wages. A court order is required to begin a garnishment of wages which a company is legally required to follow. Federal law mandates that a maximum of 60% of an employee's income can be garnished. This amount is determined by a judge and varies from situation to situation.
Can a Texas salaried nonexempt employee have wages deducted for hours not worked?
I have looked through the FLSA information and deducting wages for hours not worked as a salaried nonexempt employee in Texas, I can not find the answer.
Does the employee have to be served first before they can garnishee your wages?
yes
What is an operative employee?
Somebody who works for hourly or daily wages.
