question in those countries where parallel systems remain. According to Gordon L. Clark (2005)‚ increased longevity and the imminent retirement of the post-war baby-boom generation have undermined the financial viability of state pensions based on Pay- As-You-Go (PAYG) principles. Funding pensions from the
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an essay on the following topic: "Discuss cultural differences as they exist in American and Vietnamese culture and suggest some ways to overcome them." CONTENT The difference of culture impacts so much to the way to living‚ the way of thinking and the way of doing business. America and Vietnam have a big difference in culture‚ religion and business. However‚ we live in a world where it is called flat world‚ where there is no restriction between countries. It requires us to integrate in order to
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from equal to men in the workforce. Women working full-time earn 18% less than men. On average they also earn $1million less over the course of their lives compared to male counterparts. Labour laws have had a large influence in the size of the gender pay gap (GPG). The wage-fixing principles in the 1970s‚ has granted immediate collective remedies from industry-wide‚ award application. However awards are losing prominence with the rise of neoliberalism; and women with lower bargaining power become disadvantaged
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[Type the company name] | Merit Pay at Carroll Universiy | Should the Winners Take All? | | | 11/19/2010 | | Introduction: Performance related pay in academia‚ in particular merit pay‚ is often a source of controversy. As cited in Value-Related Issues in a Departmental Merit Pay‚ a faculty-designed merit pay plan is defined as “a process that may produce a pay increase for university faculty who perform a variety of worthwhile work activities according to the practices‚ policies
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Is It Important For Teenagers To Pay Attention To World News? What does one think when they hear the world “world news”? Do they think of countries that are bombing each other‚ politicians who keep arguing‚ or the United Nations? Well‚ whatever it is that comes to mind that should not be a reason why you should not watch the news. Teenagers should be aware of what is going on in our world today because they can make a difference‚ they will have a better understanding about the world and lastly
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This article title “Lets Expose the Gender Pay Gap” by Joanne Lipman focuses on gender income inequality. In 1963‚ President John F. Kennedy signed the Equal Pay Act‚ the gap between what men and women earn has defied every effort to close it. Unfortunately‚ we live in a society where women experience discrimination based on her sex. The author gives out an example of how female doctors and surgeons‚ earn 71 percent of what their male colleagues make‚ while female financial specialists are paid
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One of the most important issues for Sonnendal is that the initiation of centralization by Pick n Pay should lead to more efficiency‚ but in reality the supply chain is became less efficient. This literature study focuses on the distribution of perishable products in general and it highlights the best practices‚ software and tools that may help solving the individual problems. The subsequent sections describe possible scenarios for Sonnendal‚ based on the information found in this literature study
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Wickman‚ Erik Holmstrom University of Phoenix Human Capital Management HRM/531 April 6‚ 2015 Instructor: Yamile Bandera Compensation and Benefits Strategies Recommendations Our Client Mr. Bradley Stonefield would like some recommendations for pay and benefits strategies for his company Landslide Limousine. He is looking to employ 25 people in his business in doing so he projects annual net revenue for the first year of $50‚000 with a 5% revenue growth. We took the liberty of finding out comparisons
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1. Introduction Performance related pay (PRP) is a financial rewarding system which is directly associated with the work accomplishment of employees. It seems that the basis of this process is cash or bonus payment: employees will be awarded cash or bonus when they achieve a greater performance. In the late 1980s and early 1990s‚ the system of payment by performance was widely applied in both private and public sectors in many organizations in the United Kingdom. Brown and Armstrong (1999) claimed
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represenation of the salaries professional athletes earn annually. From June 2008 to June 2009‚ the highest paid professional athlete‚ Tiger Woods‚ made $110 million according to Forbes. Also on their list‚ at number two‚ was Kobe Bryant making $45 million‚ and Michael Jordan with the same amount (and Michael Jordan hasn’t played in quite a while!). According to Forbes Magazine‚ the highest paying “regular” job in the U.S. during 2009 was that of a surgeon. The average annual pay of a surgeon last
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