Idle Time.

The term idle time refers to the time during which a worker is not working but is still being paid. Idle time can be caused by a number of factors, including downtime due to a lack of work, breaks, or waiting for materials. When calculating the cost of idle time, businesses will often include the … Read more

Equity Capital Market (ECM).

The equity capital market (ECM) is the market in which equity securities are issued and traded. Equity securities are shares of ownership in a company, and can be either common stock or preferred stock. The ECM is the main source of long-term financing for companies, and plays a vital role in the economy by providing … Read more

Employment Agency Fees.

An employment agency fee is a charge assessed by an employment agency to cover the cost of finding and placing a candidate in a job. The fee is typically a percentage of the candidate’s first-year salary and is paid by the employer, not the candidate. What is a retainer fee in recruitment? A retainer fee … Read more

Fiscal Year-End: What You Need to Know.

What You Need to Know About Fiscal Year-End What are the six 6 basic financial statements? 1. The Income Statement: This statement shows a company’s revenue and expenses over a given period of time, usually one year. The bottom line of the income statement is the net income or profit. 2. The Balance Sheet: This … Read more