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Typically, payroll will run through the company's fiscal year. Some will run on a calendar year. Again, check with your payroll or HR department to determine the number of pay weeks they may use. I addition, payroll may run weekly or by weekly. Whatever the frequency, the pay frequency is what is needed to calculate WEC accurately. Using real numbers, suppose an employee gets paid a base salary of $65K per year with company benefits of approx.

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The companys competitive advantage depends in large part on its ability to match global opportunities to outsource production with global market opportunities what the company calls the Cisco Lean model. But every complex system requires trade offs, and Ciscos supply chain for simple routers traded high efficiency for higher vulnerabilities than a system not optimized for cost. Todays supply chains are vulnerable on many fronts, including political upheavals, regulatory compliance mandates, increasing economic uncertainty, rapid changes in technology, higher customer expectations, capacity constraints, globalized market forces and natural disasters. Understanding where a companys vulnerabilities lie is therefore important. Cisco, in its optical services routers business, focused on supporting a responsive global supply chain characterized by product differentiation supporting a high number of SKUs, high value and high margins. The high levels of customization required by Ciscos customers called for the deployment of flexible capabilities at various points in the supply chain. These slack nodes, such as second sourcing options or alternative site locations, permit a more flexible response to satisfy demand and a faster reaction to operational changes. In contrast, the simple router supply chain is also global but is focused on cost efficiency. Less product variation permits higher velocity, but at the same time lowers elasticity within the supply chain. This kind of supply chain can be less adaptive to operational changes. When a disruptive event happens, problems might ripple widely and rapidly through the system.