Question: the second group get paid 14$ per hour the third group get paid 12 $ per hour Assignment CH.5 The following is information on the

the second group get paid 14$ per hour the third group get paid 12 $ per hour
Assignment CH.5 The following is information on the categories of service period for employees of ABC Company: The first category: the service period is less than 15 years, and the number of employees in this category is 100 employees. The second category: the service period is 15-24 years, and the number of employees in this category is 85. The second category: the service period is 25-34 years, and the number of employees in this category is 63. Required: Perform an operation (Buy Out) according to the following: 1. The second category (50%) of them are apply to them (Buy Out) They are given (1.5) weeks for each year of their average service + three additional weeks. 2. The third category is all re apply to them (Buy Out) They are given (1) one week for each year for (0.51) of their average service + (3) additional weeks. Note : The number of daily working hours is (7) hours. The number of working days per week (6). Required: First: Calculating the entitlement of each worker of each category. Second: Calculating the total entitlements of each category. Third: Calculating the total benefits. Fourth: Comparing the benefits of the second category and the third category with the total benefits. Assignment CH.5 The following is information on the categories of service period for employees of ABC Company: The first category: the service period is less than 15 years, and the number of employees in this category is 100 employees. The second category: the service period is 15-24 years, and the number of employees in this category is 85. The second category: the service period is 25-34 years, and the number of employees in this category is 63. Required: Perform an operation (Buy Out) according to the following: 1. The second category (50%) of them are apply to them (Buy Out) They are given (1.5) weeks for each year of their average service + three additional weeks. 2. The third category is all re apply to them (Buy Out) They are given (1) one week for each year for (0.51) of their average service + (3) additional weeks. Note : The number of daily working hours is (7) hours. The number of working days per week (6). Required: First: Calculating the entitlement of each worker of each category. Second: Calculating the total entitlements of each category. Third: Calculating the total benefits. Fourth: Comparing the benefits of the second category and the third category with the total benefits
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
