How are salary payments of employees managed by the organisation?Group of answer choicesa. It remunerates employees on a set date no matter how they have performedb. It is divided into equal payments supplied at the end of each payment periodc. It is reviewed each year and can be decreased if an employee does not performd. It consists of a basic amount, plus a possible performance commission
Question
How are salary payments of employees managed by the organisation?Group of answer choicesa. It remunerates employees on a set date no matter how they have performedb. It is divided into equal payments supplied at the end of each payment periodc. It is reviewed each year and can be decreased if an employee does not performd. It consists of a basic amount, plus a possible performance commission
Solution
The management of salary payments by an organisation can be done in several ways:
a. Some organisations remunerate employees on a set date no matter how they have performed. This means that the salary is fixed and does not depend on the employee's performance.
b. In some cases, the salary is divided into equal payments supplied at the end of each payment period. This means that the total annual salary is divided by the number of pay periods in a year, and the employee receives this amount at the end of each period.
c. Some organisations review salaries each year and can decrease them if an employee does not perform well. This means that the salary is performance-based and can be adjusted based on the employee's performance.
d. Lastly, the salary can consist of a basic amount, plus a possible performance commission. This means that the employee receives a fixed basic salary and can earn additional amounts based on their performance.
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