Another day, another dollar
13 September 2012
Labour costs and some of the most common methods of remuneration.
Unit 4, Supplying Information for Management Control, includes in the performance criteria for element 4.1 aspects of cost and, in particular, labour. The unit summary also refers to the make-up of gross pay. Gross pay is determined by the basis of remuneration and businesses use a wide range of methods to reward employees. The most common are: time-based systems;...