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Many companies are hiring more temporary workers than in the past because they don't have to pay those temporary workers benefits. For example, a company might pay around $500/month for health insurance benefits for a full-time employee. That cost would be saved by hiring a temporary employee.
What else can I help you with?
How does speciallization by workers bemefits the firms employing them?
Specialization allows workers to focus on specific tasks, leading to increased efficiency and productivity. By honing particular skills, workers can perform their jobs more quickly and with higher quality, which reduces errors and operational costs for firms. Additionally, specialized workers can innovate and improve processes within their area of expertise, further enhancing the firm's competitive advantage. This division of labor ultimately contributes to greater overall output and profitability for the organization.
Efficiency wage model firms tend to pay workers?
no.
How should you pay your employees weekly or bi-weekly?
There is no reason why you can't pay them by either method. In the UK, salaried workers are paid monthly. Waged people are usually paid weekly, however - some firms pay their workers bi-weekly.
How does spelization by workers benefit the firms employing them?
Workers who specialize become more efficient and thereby increase productivity.
Which of these is not an example of services provided by government to business firms?
workers for their factories
Which is not an example of services provided by government to business firms?
workers for a factory
A primary reason firms sell on credit is?
A primary reason firms sell on credit is to maintain their clients and also to move their stocks. These is one of the strategies of releasing revenue by an organization.
How many percent of all US firms employ 100 or fewer workers?
25%
How does specialization by workers benefit firms employing the?
Please rewrite. You need to finish your thoughts.
How do workers typically express self interest?
By minimizing the economic losses of other business firms
How do workers typically express self-interest?
By minimizing the economic losses of other business firms
How does a firm know when it can afford to hire more workers?
if the MRP is greater than a firms MC
