If the company does not produce any mugs for the month, it still needs to pay $10,000 to rent the machine. But even if it produces one million mugs, its fixed cost remains the same. The variable ...

The revamped policy, unveiled shortly after the release of the company's quarterly results, introduces four attendance slabs ...

Dwr Cymru chief executive Peter Perry was challenged by MPs over his salary and bonus entitlement at the not-for-profit ...

Govil explained that the rest of the employees would get variable pay based on individual business unit performance. “Variable pay for the quarter will be in line with what we did last quarter.