Question
Wisconsin has 250 employees of 100 lecturers and 150 non-teaching staff. Half of the lecturers just completed their PhD programs in various discipline are eventually
Wisconsin has 250 employees of 100 lecturers and 150 non-teaching staff. Half of the lecturers just completed their PhD programs in various discipline are eventually absorbed in other universities. Out of these, management of the school has seen the need to replace of the departed lecturers as the remaining vacant positions can be handled from within the school.
Require: Estimate the labour turnover of the school
Use the information below to answer the questions that follow.
In a particular job or work, the following factors apply: Basic hourly rate = $0.80 Incentive on rate = 20% Output is expected to be 12 units per hour.
i) Calculate the piecework rate without incentive
ii) Estimate the piecework rate based on incentive Estimate the total wage if Racheal completes 100 units were produced in an 8hours:
iii) Using the piecework rate without incentive
iv) Using piecework rate with incentives
v) Using hourly rate without incentive
vi) Using hourly rate with incentives
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