An honest day’s pay
13 September 2012
Exploring various methods of remuneration, and how gross pay is calculated for each
Unit 4, Supplying Information for Management Control, includes in the performance criteria for element 4.1 aspects of cost and, in particular, labour. In the unit summary, there is also reference 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 their employees. Most texts...