0
What else can I help you with?
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.
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.
What is the effect of absenteeism in production?
The effects of absenteeism in production include having to pay overtime or extra wages to a replacement worker like a temporary worker and also paying the absent ?æworker his wages. Some other effects are reduced productivity and morale problems because?æother workers may be?ædoing the work of the absent employee.?æ
How do wages affect monopolies?
Wages in a monopoly can be influenced by the lack of competition, which often leads to lower wage levels for workers compared to competitive markets. Since monopolies have greater control over pricing and production, they may prioritize profit maximization over employee compensation. This can result in stagnant wages and limited benefits for workers. Additionally, the absence of alternative employment options may reduce workers' bargaining power, further suppressing wage growth.
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.
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.
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.
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.
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.
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.
