M. (2009). Sales employees compensa- tion: An optimal balance between fixed and variable pay. Compensation & Benefits Review, 41, 44-51.Madhani, P.M., 2009, "Sales Employees Compensation: An Optimal Balance between Fixed and Variable Pay", Compensation and Benefits Review, Vol. 41, No,...
Whether fixed or variable pay is better is a matter of debate, especially in theperformance review vs. compensation discussion.In many cases, compensation structures contain both variable and fixed components.For example, employees can get paid a fixed annual salary and quarterly bonuses based on pe...
Learn the core difference between fixed and variable rate mortgages, the benefits of each, and discover which one is the right choice when getting a mortgage.
Variable costs are a little more complicated to track using accounting. Since they’re tied to the production of units or the volume of sales, you’ll first need to calculate the variable cost per unit, which refers to the costs (usually for direct labor and materials) associated with produc...
you may also be assessed interest at higher rates that are increasingly growing. There is no way of knowing what your future interest rate assessments will be under a variable rate contract. Therefore, you may end up with insufficient cash flow to pay down monthly payments as those payments ma...
Fixed Index Vs. Variable Annuities A question we often hear is, “What is the difference between a variable annuity and a fixed index annuity?” Simply put, there is a huge difference between the two, and understanding those differences is the key to understanding why the annuity products on...
A fixed annuity is based on a guarantee: you will receive a set payment regardless of what the markets are doing. During the payout phase, your payments are fixed. That isn't the case with a variable annuity, which is affected by market performance. During the payout phase, your payments...
The “pay yourself first” budget focuses on savings goals, but you’ll still pay fixed and variable expenses each month. To set up this type of budget, you would define your goals and how much you want to contribute toward them each month. Then budget your remaining income toward bills,...
Fixed & variable annuities offer lifetime income but carry different levels of risk. Fixed annuities provide stability while variable annuities offer growth potential.