11 Accounting - Labour Costs Quiz

123456789101112131415161718
Across
  1. 4. Measurement of the efficiency of employees within a business (2 words)
  2. 6. Another name for day work method (2 words)
  3. 10. 1 of the disadvantages of the day work method is that it rewards all employees equally, regardless of their …
  4. 11. Bonus payment element of the labour cost would be divided … amongst the members of the group
  5. 12. Performance … for productive employees can increase their motivation to work optimally
  6. 14. 1 of the disadvantages of the day work method is the need for … (Clue: provided by the company) to ensure the work can be completed properly
  7. 15. Improve ... leading to the same output with fewer employees
  8. 16. Labour productivity is increased by hiring less … & using more technology
  9. 18. Day work is most often expressed as an ... rate of pay
Down
  1. 1. 1 of the advantages of individual bonus schemes is that more … workers, earn more
  2. 2. 1 of the benefits of the group bonus scheme is to increase group …
  3. 3. More productive workforce will ... the unit costs
  4. 5. Group bonus schemes are applied when it’s difficult to divide output between individual employees because employees work in … (Other term of group)
  5. 7. 1 of the advantages of the day work method is the reduction of … (where people leave the workplace)
  6. 8. Term applied to payments to employees of wages & other financial benefits
  7. 9. Piecework is often used when the ... of output is important & the work can be divided into small & relatively simple tasks
  8. 10. Piecework pays employees based on what they …
  9. 13. Group bonus schemes are … to operate than individual bonus schemes
  10. 16. To remain competitive, a business needs to keep total costs & unit costs as ... as possible
  11. 17. Development of employees