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2016 2017 2018 Compensation Expenses (Base & Variable Pay): 38.5 41.7 40.6 Pay-for-Performance Expenses: 7.5 10.3 9.9 Benefits Expenses: 18.3 19.9 19.3 Total Operating Expenses: 65.6 72.7 74.0 Total Revenue: 199.1 191.9 178.7 Total Compensation Expense Factor: 0.87 0.85 0.81 Pay-for-Performance Expense Factor: 0.11 0.14 0.13 Total...

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Accounting

201620172018
Compensation Expenses (Base & VariablePay):38.541.740.6
Pay-for-Performance Expenses:7.510.39.9
Benefits Expenses:18.319.919.3
Total Operating Expenses:65.672.774.0
Total Revenue:199.1191.9178.7
Total Compensation Expense Factor:0.870.850.81
Pay-for-Performance Expense Factor:0.110.140.13
Total Compensation Revenue Factor:0.290.320.34
Pay-for-Performance Revenue Factor:0.040.050.06

What trends did you notice? What implications do they have?

Answer & Explanation Solved by verified expert
4.0 Ratings (474 Votes)
Compensation expenses base and variable 1 Compensation expenses includes recruiting costsalaries payroll expenses ect It is a part of operating cost Base monetary benefit in cash to employees like wages and salaries Variable It fluctuate according to output produced Like piece work or hours worked or commission 2 pay for performance expenses Paid more money for achieving a certain goal rather than being paid for just providing care or pay for quality not the quantity 3 Benefit    See Answer
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201620172018Compensation Expenses (Base & VariablePay):38.541.740.6Pay-for-Performance Expenses:7.510.39.9Benefits Expenses:18.319.919.3Total Operating Expenses:65.672.774.0Total Revenue:199.1191.9178.7Total Compensation Expense Factor:0.870.850.81Pay-for-Performance Expense Factor:0.110.140.13Total Compensation Revenue Factor:0.290.320.34Pay-for-Performance Revenue Factor:0.040.050.06What trends did you notice? What implications do they have?

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