If the demand for software engineers (increases) slower than does supply, then wages of software engineers will (fall).
The "law of supply and demand" is also true in labor markets; that is, if the increase in demand for software engineers is slower than the increase in its supply, wages fall.
If the demand for software engineers increases at a slower rate than the supply, then the wages of software engineers will indeed fall.
When the demand for software engineers increases at a slower rate than the supply, it creates an imbalance in the labor market. This means that there are more software engineers available in the market compared to the number of job opportunities available. In such a scenario, employers have a larger pool of candidates to choose from, giving them more bargaining power.
With a surplus of software engineers, employers can afford to offer lower wages as they have the advantage of selecting from a larger talent pool. As a result, the wages of software engineers will fall.
Lower wages can have several implications. Firstly, it may discourage individuals from pursuing a career in software engineering, as the financial rewards may not be as attractive. This can lead to a decrease in the supply of software engineers over time.
Secondly, it may also result in a decrease in the quality of software engineering talent. With lower wages, experienced and highly skilled software engineers may seek better-paying opportunities in other fields or even in other countries. This can leave the industry with a less skilled workforce, potentially impacting the overall productivity and competitiveness of the sector.
In summary, when the demand for software engineers increases slower than the supply, it leads to a surplus of talent, allowing employers to lower wages. This can have long-term consequences for the industry, including a decrease in the supply of skilled engineers and a potential decline in the quality of talent.
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Answer:
Under a job-order system of cost accounting, the dollar amount of the general ledger entry involved in the transfer of inventory from work-in-process to finished goods is the sum of the costs charged to all jobs - The entry to transfer inventory from WIP to FG is to debit finished goods and credit work-in- process.
Explanation:
William's loan is a private loan.
Clark will not be liable for the loan if William defaults.
Clark will not be liable for interest on the loan if William defaults.
William's loan is a subsidized loan.
OBJECTIVES
Create a spreadsheet to track payroll.
Directions
Create a spreadsheet to calculate the your company's payroll, or how much you pay each employee and the total you pay all employees.
You pay your employees every two weeks, and for the last two weeks, your employees worked the following hours:
Employee 1: 78
Employee 2: 75
Employee 3: 80
Employee 4: 45
Employee 5: 50
Employee 6: 80
Employee 7: 65
Employee 8: 60
Employee 9: 78
Employee 10: 75
Your spreadsheet should calculate:
the total hours worked for each employee
the gross pay for each employee (pay rate is $12.50 per hour)
the state income tax for each employee (use 5.7%)
the Federal income tax for each employee (use 15%)
Social Security for each employee (use 3.5%)
the net pay for each employee by subtracting the income tax and Social Security from the gross pay
the total gross pay, total state income tax, total Federal income tax, total Social Security, and total net pay paid to all employees
When you finish your spreadsheet, estimate your answers to check for accuracy. Make any necessary corrections. Use formatting techniques to make your spreadsheet easy to read. Upload your spreadsheet using the Upload tool in the box below.
Answer:
here you go edmentum
Explanation:
Creating a spreadsheet to track company payroll involves entering information such as hours worked, calculating gross pay, individual taxes, and net pay which is the remaining amount after all deductions. The total values for each column can be calculated using the SUM function. Make sure to format your data for easier reading and verify your inputs for accuracy.
To create a spreadsheet to calculate your company's payroll, follow the steps outlined below.
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