WebFeb 8, 2024 · Variable Pay is the portion of sales compensation determined by employee performance. When employees hit their goals, variable pay is provided as a type of bonus, incentive pay, or commission. Base salary, on the other hand, is fixed and paid out regardless of employees meeting their goals. Together, variable pay and the base … WebJan 8, 2024 · What is Variable Pay? Variable pay types can vary according to the payout period, the employees who are eligible, and the metrics that employees are measured …
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WebDiscretionary fixed costs costs that can be changed or avoided relatively easily in the short run at management discretion - advertising Committed fixed costs fixed costs that cannot be easily changes - lease or purchase of PPE Variable costs costs that vary in direct proportion to changes in output within the relevant range Total variable costs = Webdiscretionary: [adjective] left to individual choice or judgment : exercised at one's own discretion. fort sam houston jobs openings
The following are different categories of costs Variable Fixed
WebMar 10, 2024 · Discretionary: These bonuses are awarded at the discretion of the employer, meaning they are not stipulated in your employment contract and are not guaranteed. For example, milestone bonuses are awarded at the discretion of your employer. Nondiscretionary: These incentive-based bonuses are outlined in your … WebDec 5, 2024 · A fixed (discretionary) cost applies here. The level of activity has no impact on this expense. The decision to incur this expense is at the company's discretion. There is no obligation to pay this fee. Additionally, there is no mandate or obligation for this expense under law. Raw materials used in the process of manufacturing: Finally, discretionary expenses are those that are desirable, but you have discretion (or individual choice) over whether to spend on them or not. To determine whether something is a discretionary expense, consider whether it's a want or a need. You need food, but you don't need it to come from a restaurant. So, … See more Fixed expenses are necessary ongoing costs that don't change in amount or frequency. They might arrive monthly, twice a year, or once a year. For example, you may pay … See more Go through your credit card or bank statements to sort your expenses into the three categories. How much have you been spending? Which costs will remain the same, and which … See more Variable expenses are still necessary costs, but the amount changes every month, often in concert with your usage or choices. Your monthly utility bill might cost much less in … See more dino rush chrome