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Why the direct salary paid to an employee does not represent the total cost of the employee to the organization?
While the direct salary represents the majority of the cost of an employee, there is also the cost of carrying an employee on payroll, employment taxes, unemployment insurance, benefits, etc... This cost, also known as the "burden", varies from 18% of the employee's annual salary to about 26%, depending on the state of residence and the richness of the benefit plan.
What are Employee wages are an example of?
variable cost
What is the meaning of fixed cost in economics?
the cost which is not change with production fixed cost example rent of factory , employee salaries in case of manufacturing unit , fixed electricity charge etc.
What is the average cost for a Digikam?
The average cost for a Digikam can vary. However, the typical cost for a Digikam is zero dollars and zero cents. Digikam is typically a free software program.
What does the typical family have to do when the consumer price index rises?
When the consumer price index rises the typical family has to spend more money. The price index will directly affect the cost of living for a family.
How do you calculate value added per employee?
VAPCO = sales-variable cost/total employee cost.
What is the cost of a typical nebulizer?
Typically, the cost of a typical nebulizer is very high. The cost of a typical nebulizer can be anywhere between the prices of forty and one hundred and twenty dollars.
What is the typical cost of a personal security certificate?
No cost
Why the direct salary paid to an employee does not represent the total cost of the employee to the organization?
While the direct salary represents the majority of the cost of an employee, there is also the cost of carrying an employee on payroll, employment taxes, unemployment insurance, benefits, etc... This cost, also known as the "burden", varies from 18% of the employee's annual salary to about 26%, depending on the state of residence and the richness of the benefit plan.
What does cost to company mean?
The Total Cost to Company refers to an employee's salary package. It is the total cost a company or organization is spending for an employee and it includes salary and perks.
What are typical start up costs for a small retail business wine store?
Some typical start up costs for a retail store includes the cost of inventory, rent and employee salaries. The amount of money you will need to get your business started varies depending on the type of business you will start.
What are Prime cost involved in restaurant?
Rent, employee cost and taxes.
What does Total Cost to Company mean?
The Total Cost to Company refers to an employee's salary package. It is the total cost a company or organization is spending for an employee and it includes salary and perks.
Why do you have to pay for wow?
Server and employee cost.
What are Employee wages are an example of?
variable cost
How much will it cost to have you sing at my wedding?
Typical cost is $200.00 minimum.
Can an employee who has left his job be made to cover cost of the worker comp package?
No. The premiums of Workman's Compensation insurance are paid by the employer. The employee is not liable for that cost.
