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Subcontracted Work Is Another Form of Contingent Work That Often

question 48

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Subcontracted work is another form of contingent work that often cuts employers' costs at the expense of workers.Instead of employing a large work force,many companies have significantly reduced the size of their payrolls and benefit plans by subcontracting.

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Definitions:

NAV

Net Asset Value, the total value of all the securities in an investment portfolio minus any liabilities, divided by the number of shares outstanding.

Asset Growth

The increase in the value of a company's assets over time, which can be due to investment returns or contributions.

Debt Ratio

A financial ratio that measures the proportion of a company's total debt to its total assets, indicating the leverage level and financial health.

Mortgage-backed Securities

Investments secured by mortgages, which pay investors from the mortgage payments of homeowners.

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