Box Hill College Kuwait Question 1-3.2: Managing Human Resources (25 points) Par

Question

Box Hill College Kuwait Question 1-3.2: Managing Human Resources (25 points) Part A (19 points):- Total sales Day Saturday Sunday Monday Tuesday Hours worked 4 hours 10 hours 7 hours S hours 0 hours 9 hours 0 hours Wage KWD 500.000 17.5 KWD 453,000 5 KWD 900.000 KWD 120.000 Totals Total E Complete the table above using MSExcel, such that:- Payment is KWD 7.000 per hour Cornmission is 3.5% on all sales over KVO 300.000 Part B (6 points):- Answer the following Briefly explain how a discharge and a layoff are similar? How are they diffierent?(3 points) What is the difference between salary/wages and benefits? (2 points) Give examples of benefitti point) examples of benefits 1 point) 2.

Explanation / Answer

Q1-3.2

SIMILARTIES BETWEEN DISCHARGE AND LAYOFF

1. YOU HAVE TO LEAVE YOUR JOB IN ANY CASE

2. THERE WILL BE NO SALARY PAYMENT .

3. NO GUARANTEE OF TO RETURN BACK TO YOUR JOB

DIFFERENCES ARE BASICALLY BASED ON THE REASON OF WHY YOU HAVE TO LEAVE. FOR EXAMPLE IF YOU NEED TO LEAVE BECAUSE YOU HAVE DONE ANY UNETHICAL LIKE THEFT ETC I.E CALLED DISCHARGE, BUT WHEN YOU HAVE TO LEAVE BECAUSE OF OFF SEASON ETC I.E CALLED LAID OFF

Q2. MAIN PURPOSE OF BUSSINESS BUDGET

1. FORCAST EXPECTED INCOME AND EXPENSES

2.IT ALSO HELP IN MONITORING BUSSINESS PERFORMACE DURING THE YEAR

PAYROLL RECORDS CONTAIND THE LIST OF EMPLOYEES AND THE AMOUNT PAYS AS WAGES TO THE EMPLOYEES . IT CONTAINS FOLLOWING INFO

1. EMPLOYEES DETAILS
2. NO. OF DAYS WORKED
3. SALARY AMOUNT
4. AMOUNT PAID

DAYS HOURS WORKED RATE WAGES TOTAL SALES SALES OVER 300.000 (A) COMMISION (0.035*A) SAT 4 7 28 667 367 12.845 SUN 10 7 70 500 200 7 MON 7 7 49 453 153 5.355 TUES 5 7 35 900 600 21 WED 0 7 0 0 0 0 THU 9 7 63 120 0 0 FRIDAY 0 7 0 0 0 0 TOTALS 35 245 2640 46.2 TOTAL EARNINGS 291.2 (245+46.2)

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