Actions To Take In Order To Receive Bonus

1. You have been selected to participate in a new bonus plan. You will receive a bonus based on the average cost of delivering a service. You know the fixed cost of that service is currently 75% of total costs. What action will you take to ensure that you receive a bonus?2. Before you can consider bonuses you must look at the financial picture of the organization. Based on your knowledge about the balance sheet, what information from the balance sheet would help you make your decision about giving employees bonuses?3. Explain the difference between direct cost and indirect cost. What are some ways to allocate indirect costs? Why is monitoring direct and indirect costs important to the financial stability of a human service organization??4. Can you think of a method or program which would be useful in keeping track of indirect and direct costs?Answers to the following questions does not have to be long.

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