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Hey fishes,
Let’s say Brillio gave some joining bonus and if we are leaving within an year we need to pay it back.
So does it mean I need to put papers after one year or is that okay to put papers after 9 months, so serving 3 months notice makes it one year.
Please let me know if anyone had an idea about this.
Brillio
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What's EAX dept in bosch?
NYC 🐠 Anyone try the dating app MOTTO? Any good?
Good evening from LA.
Coach
I'm on a boat!
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M&A tax manager 1 salary in NYC ?
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Good luck on your PIP
Payroll costs increase as a % of revenue or in line with revenue usually
1) Payroll would increase as a % of revenue increase. If revenue was projected to increase 10%, companies typically support that by increasing headcount. Thats the logic. SG&A is driven by revenue. You can use historical trends as an assumption tracking payroll as a % of revenue, it’s not a straight 1:1 correlation.
2) In practice, growth hires/contingent comp are the primary drivers why payroll would significantly change. This is tied to revenue, so looking at trend based percentages is the most efficient way of explaining/correlating the story. In a scenario that this conceptual logic doesn’t match up (significant movements in payroll without a correlation in revenue), then you can dig into the details and get real nitty gritty with it in true FDD fashion to explain the unusual items.
This is the level of insight one can expect from a diligence report from GT
@ rsm you sound like fun
Giving I’m my mother’s son vibe
Reminds me of when this controller we hired wrote on the monthly flux that accounts payable and accrueds decreased during the month cuz accrued expenses decreased
Wat