Employee costs are influenced by human behavior. Due to this peculiarity, divergence in employee compensation is observed across the different industries. Hence, it is necessary that employees should be monitored, measured, and compensated appropriately to achieve economy in cost, efficiency in performance and effectiveness in desired output. This is applicable for May 22, Nov 22 exams.
What you’ll learn
- Visit https://youtu.be/ajBs13sEPEE to view demo lecture of Cost and Management Accounting