McGraw-Hill © 2005 The McGraw-Hill Companies, Inc. All rights reserved. 18-1 Budgets and...

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McGraw-Hill © 2005 The McGraw-Hill Companies, Inc. All rights reserved. 18-1 Budgets and Administration Chapter 18

Transcript of McGraw-Hill © 2005 The McGraw-Hill Companies, Inc. All rights reserved. 18-1 Budgets and...

Page 1: McGraw-Hill © 2005 The McGraw-Hill Companies, Inc. All rights reserved. 18-1 Budgets and Administration Chapter 18.

McGraw-Hill © 2005 The McGraw-Hill Companies, Inc. All rights reserved.

18-1

Budgets and Administration

Chapter

18

Page 2: McGraw-Hill © 2005 The McGraw-Hill Companies, Inc. All rights reserved. 18-1 Budgets and Administration Chapter 18.

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18-2

Managing Labor Costs

Controlling Employment: Head Count and Hours

Controlling Direct Compensation Costs

Controlling Indirect Compensation Costs

Page 3: McGraw-Hill © 2005 The McGraw-Hill Companies, Inc. All rights reserved. 18-1 Budgets and Administration Chapter 18.

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18-3

Exhibit 18.1: Managing Labor Costs

LaborCostsLaborCosts EmploymentEmployment

Average cash compensation

Average benefit cost

+= x

Core

Contingent

Base Pay

Variable Pay

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18-4

Inherent Controls

Range maximums and minimums

Broad bands

Compa-ratios

Variable pay

Analyzing costs

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18-5

Why Communicate Pay Information?

Devotion of considerable resources to designing a fair and equitable system intended toMotivate effective performance

Encourage productivity

Misperception of pay system by employees

Openness about pay mayEngender goodwill

Affect perceptions of pay equity


© 2004 The McGraw-Hill Companies, Inc. McGraw-Hill/Irwin Chapter 18 Employee Benefit Plans.

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McGraw-Hill©The McGraw-Hill Companies, Inc., 2004 Chapter 18 Virtual Circuit Switching: Frame Relay and ATM.

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International Trade Chapter 18 McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.

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18-1. 18-2 Chapter 18 Inventory and Overhead McGraw-Hill/Irwin Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.

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McGraw-Hill©The McGraw-Hill Companies, Inc., 2001 Chapter 18 Frame Relay.

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[PPT]Chapter 18 ATM - McGraw Hill Higher Education · Web viewATM Design Goal ATM Topology ATM Architecture The McGraw-Hill Companies, Inc., 1998 WCB/McGraw-Hill Chapter 18 ATM Design

[PPT]Chapter 18 ATM - McGraw Hill Higher Education · Web viewATM Design Goal ATM Topology ATM Architecture The McGraw-Hill Companies, Inc., 1998 WCB/McGraw-Hill Chapter 18 ATM Design

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© The McGraw-Hill Companies, Inc., 2005 McGraw-Hill/Irwin 18-1 PROCESS COSTING Chapter 18.

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Chapter 18 ATM Design Goal ATM Topology ATM Architecture WCB/McGraw-Hill The McGraw-Hill Companies, Inc., 1998.

Chapter 18 ATM Design Goal ATM Topology ATM Architecture WCB/McGraw-Hill The McGraw-Hill Companies, Inc., 1998.

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Liability and Liquidity Management Chapter 18 © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. McGraw-Hill/Irwin.

Liability and Liquidity Management Chapter 18 © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. McGraw-Hill/Irwin.