Business A-Level
funding the wage bill
What funding the wage bill means in Business A-Level, as defined for AQA.
Definition of funding the wage bill
Check what you remember
Read the wording for your board, then hide it and explain funding the wage bill in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The finance constraint that wages, redundancy payments and training are all cash outflows occurring before any benefit is realised.
Topics that use funding the wage bill
- Human resource management (AQA A-Level)
Related terms
- automation
- capacity and headcount
- competitiveness through people
- cost leadership
- differentiation
- employer reputation and retention
- employment ethics
- environmental influences on workforce decisions
Using funding the wage bill in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Business questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Business A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge