What does Compensation for employee services includes?

Q: Briefly explain the difference between an employee and an employer.

A: In commerce and entrepreneurship, the terms employee and employer are often used. Both terms are…

Q: Explain The various employee benefits in an organization: 1-Social Security : 2-Workers'…

A: The payments which is made by employers to its employees that are beyond the wages paid. Typically,…

Q: What is a job board?

A: Job Board is a portal that has openings for jobs. The Companies or organizations post vacancies of…

Q: What is responsibility accounting?

A:

Q: circumstances where the agent is granted compensation ?

A: The agents are appointed to perform or execute the functions on behalf of the principles, their…

Q: When is an employer-employee relationship exist?

A: Definition:

Q: Define Employee discounts.

A: Discount:   It is a portion of money that is deducted from the selling price of a product or a…

Q: , is best defined as An asset account An account showing the benefits to be paid to the employee An…

A: Benefits payable refer to the additional perks that are paid to employees, in addition to their…

Q: Explain Promoters’ and Managers’ Compensation?

A: Promoters are the individuals or firms who perform all the responsibilities in setting up the…

Q: Compensation income is income that is typically derived from self-employment.    True or False

A: Declaimer: “Since you have asked multiple question, we will solve the first question for you. If you…

Q: a defined contribution plan, as long as the employer makes a definite contribution to the plan, the…

A: Defined contribution plan is a plan opted for providing employee benefits at the end of retirement…

Q: What is the primary objective of any base wage and salary system?

A: A basic salary, also known as a base salary, is the amount of money that a salaried employee…

Q: Employment Condition

A: 1.ANNUL LEAVE: the national employment standards provide 4 weeks paid annual leave for each year of…

Q: Explain he basic arrangement in a worker’s compensation scheme. What is meant by ‘exclusive remedy”…

A: Hi, the question has multiple sub-parts and as per our policy, we will answer the first three.…

Q: How incrising minimun wages affect compensation ?

A: Raising the minimum wage would make it more expensive to hire low-paid workers as it would be…

Q: What is job lot?

A: Job:   A job is a task or work assigned to the employee for which he is paid. Job is considered as…

Q: PAS 19

A: Objective of IAS 19 (2011) The objective of IAS 19 is to prescribe the accounting and disclosure for…

Q: Included under the definition of employees for FUTA purposes are:

A: FUTA stands for Federal Unemployment Tax Act. This Act has been enacted to provide compensation to…

Q: What is the difference between pay grade and pay range?

A: Pay grade refers to an approach that helps categorize different types of jobs into various groups…

Q: Which department authorizes changes in employee pay rates?

A: Employee Pay Rate:  Employee pay rate is the amount which is given to the employee against the work…

Q: What is nonpecuniary benefits?

A: The benefits which are not in monetary form are called as Non Pecuniary benefits. The notion that…

Q: What functional responsibilities are associated with the payroll cycle?

A: Payroll Cycle: The payroll cycle is commenced with the hiring and dismissal of an employee along…

Q: What is the difference between a job and career

A: Job is a short time task that is done to earns money by the individual. They are done with the…

Q: How is the Handling of Unequal Service Lives done?

A: When decision has to be made while comparing one project with other projects and out of which only…

Q: FRS119 Employee Benefits prescribes the accounting and disclosure requirements by employers for…

A: IFRS:   IFRS stands for International Financial Reporting Standards. These accounting standards are…

Q: What is the procedure of the determination of economic service life?

A: Determination of economic service life: Capital costs and the costs of operating and running an…

Q: Describe workers' compensation and explain why it is important.

A:

Q: Employee benefits given by an employer to an employee may be recognized by the employer as I.Asset…

A: The financial statements of the business include the income statement and balance sheet of the firm.

Q: liability for employees' compensation for future

A: A liability shall be accrued if it is to be settled in the near future.

Q: Which of the following amounts paid by an employer to an employee is not subject to withholding? Oa.…

A: Given : Multiple options  a) Salary  b) Travel expense reimbursements from an accountable plan c)…

Q: What is law of Indemnity? Explain the rights and duties of indemnifier and indemnity holder with…

A: The law of indemnity specifies that a person takes the guarantee of any act of the party that causes…

Q: Briefly explain the controversies around executive compensation.

A: Compensation is the return which has to be paid to the employee on whom the said employee has been…

Q: Can employees of government form and join labor organization? Why or why not?

A: A government employee has a right to join or form the union, but they are not having the right to…

Q: Which one of the following increases the labour costs to an entity? Select one: O A. Productivity…

A:

Q: a. MFRS119 Employee Benefits prescribes the accounting and disclosure requirements by employers for…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: please  define salary, wage, income, benefits

A: Compensation is often defined as a monetary payment made to an individual in return for their…

Q: Employment desire part on a job application?

A: Job Application is a formal document that is required by the human resource department of the…

Q: Define salaries expense.

A: Salaries expense is the fixed pay earned by employees. The expense represents the cost of non-hourly…

Q: It means a person for whom an individual performs or performed any services of whatever nature, as…

A: Employee is the person who would be performing services in return of receiving salary each month.…

Q: Define Other post-employment benefi ts

A: The concept of other post-employment benefits is created by GASB (Governmental Accounting Standards…

Q: How to fill out the employment desire on a job application?

A: Solution- Job application forms (also called “employment forms”) are part of the formal hiring…

Q: What is your understanding about labor relation?

A: Labor relations seems to be the term used to describe the process through which employers and…