Industrial Electronics, Inc. Acctg Case
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Title: Industrial Electronics, Inc. Acctg Case

Essay Details:

Subject: Miscellaneous
Author: Edward P
Date: February 17, 2016
Level: University
Grade: A
Length: 4 / 1028

Essay text:

Another problem within this system is that all managers eligible are equally distributed the total amount set aside for a bonus. This means that a manager that sets records for sales and efficiency is awarded the same bonus amount as a manager that barely surpasses performance goals. This does not seem fair. A good thing is that there is the potential to earn more than 100% of salary as a bonus. Most employees would consider this a very healthy bonus, even though the average sits around 50% of salary. 2. The first thing that must be calculated to find the percentage of salary awarded as bonus for the five divisions is to calculate the economic profit objective...

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