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Utility ratemaking is the formal regulatory process in the United States by which public utilities set the prices (more commonly known as "rates") they will charge consumers. [ 1] Ratemaking, typically carried out through "rate cases" before a public utilities commission, serves as one of the primary instruments of government regulation of ...
Commission (remuneration) Commissions are a form of variable-pay remuneration for services rendered or products sold. Commissions are a common way to motivate and reward salespeople. [1] Commissions can also be designed to encourage specific sales behaviors. For example, commissions may be reduced when granting large discounts.
The Vth Pay Commission recommendations were implemented since 1.1.1996 and consequently DA rate wef 1.1.1996 became 0. Further in 1994 Central Government merged 50% of the Dearness Allowance (DA) with the basic pay w.e.f. 01.04.2004 and the Dearness Allowance continued to be calculated with reference to the AICPI (IW) average as on 1 January ...
On-target earnings. " On-track " or " on-target " earnings ( OTE) is a term [ 1] often seen in job advertisements, especially for sales personnel. It is the expected total pay, if performance matches the expected targets. Actual pay may be higher or lower. The typical pay structure may be composed of a basic salary with an additional amount of ...
Bankrate’s 401(k) calculator can help you estimate your retirement earnings. Best ways to boost your savings. It’s never too early to start saving. Your 20s are an ideal time to save for the ...
Gross Dealer Concession or GDC is the revenue to a brokerage firm when commissioned securities and insurance salespeople sell a product, whether it is an investment like stocks, bonds, or mutual funds, or insurance like life insurance or long term care insurance. The commission that the agent receives is usually a percentage of this figure ...
In general finance terminology, an all-in rate is the rate that a financial institution uses in charging customers for accepting bankers' acceptances, consisting of the bankers' acceptance rate (here considered as actually an amount of money, not an amount of money per unit of time, although it may happen to coincide with a rate per unit of time if the time to maturity happens to equal the ...
Return on investment ( ROI) or return on costs ( ROC) is the ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favourably to its cost. As a performance measure, ROI is used to evaluate the efficiency of an investment ...