Box Hill College Kuwait Question 132 Managing Human Resource

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.

Solution

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)