Common types of retirement plans available include the 401k, the Defined Benefit Plan, the Profit Sharing Plan, and many others. More options and more information about these plans can be found on retirementplans.org
which method of depreciation to use when bonus is received that is based on net profit
In the range between 2-3 grand.
A commission is earned by selling something. It could be a straight dollar amount per unit sold, or a percentage of the gross sale or the net sale. A bonus is a monetary reward over and above the regular salary or commission paid. For example, if a salesman had a quota of X units sold or X dollars in volume, met those quotas and more, the salesman may qualify for a bonus - an extra amount of money. As far as tax difference, it all depends on the dollar amount. It will all come out when you do you yearly income taxes - you are taxed on your adjusted gross income. I missed the word tax the first time I answered.
types of bonus shares
formula of profit sharing bonus
A vested bonus is only given once the vesting terms have been reached. In some profit sharing cases this is from two until five years. A cash bonus has no time requirement.
According to National Salary Data as of October 2010, annual salary for freelance fashion designer can range between $42,353 to $68,833 exclusive of bonus, commission and profit sharing.
I was terminated from my company Feb 26 2009 since then I have tried to have them release my money from my employee profit sharing and savings plan they have refused to do that who can I contact to try to help me get my money I was forced into early retirement and have no other means of support except my profit sharing money my question is who do I need to contact other then my former employer
Common types of retirement plans available include the 401k, the Defined Benefit Plan, the Profit Sharing Plan, and many others. More options and more information about these plans can be found on retirementplans.org
Salary Rs 224,041 Bonus Rs 8,451 Profit Sharing Rs 10,174 Commission Rs 983 Total Pay Rs 224,554
Well a rebate starts with R and Bonus starts with B
A bonus when used in employment is typically a monetary compensation. A fringe benefit is a bonus as well, but sometimes benefits are not monetary.
The advantages of profit sharing in companies is a system where employees receive a portion of the company's profits and staff is in the same position as shareholders. The Advantages are improved loyalty to the company and mesh Management with Staff. The employees are more willing to accept changes within their working practices because it decreases costs for the company and increases the profit margin. The Disadvantages are that the share given to employees is often too small to provide essential incentive. The employees may feel that no matter how hard they work it will not show a noticeable effect on the companies profit margin so this leads to no incentive. i like fluffy ginger pubes
Harsh Vardhan Mathur has written: 'A comparison of selected incentive plans' -- subject(s): Bonus system, Wages, Incentives in industry, Profit-sharing
which method of depreciation to use when bonus is received that is based on net profit
hey here comes the answer of calculating bonus=overtime hours multiplied by rate per hour ..........thanks