Why is it important to investigate both price (rate) and volume (efficiency)variances when rewarding employees for satisfactory work

Why is it important to investigate both price (rate) and volume (efficiency)variances when rewarding employees for satisfactory work

I’m working on a management question and need an explanation to help me study.
For your Complete assignment, write a narrative essay (minimum 1500 words) in which you address and discuss the questions and statements listed below. Use at least four scholarly sources and remember to demonstrate a thorough understanding of the READ and ATTEND sections in your essay. Cite your sources in APA format.

Evaluation of employee performance must include measures that are relevant and controllable by the employee. Why is it important to investigate both price (rate) and volume (efficiency)variances when rewarding employees for satisfactory work when performance evaluations are based on meeting budgets? What are qualitative measures that might be helpful in employee performance evaluations? Complete questions a-c for Case ATC 8-1 on pages 393-394. Be sure to use at least four sources and use APA format

Answer preview Why is it important to investigate both price (rate) and volume (efficiency)variances when rewarding employees for satisfactory work

Why is it important to investigate both price (rate) and volume (efficiency)variances when rewarding employees for satisfactory work

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