statistical value commonly used as an indicator of the status of women’s earnings relative to those of men; this gap is calculated by dividing the median annual earnings for women by median annual earnings for men. According to the institute for Women’s policy Research‚ in 2015 it was recorded that female full-time workers earn about 80 cents for every dollar earned by men‚ indicating a gender wage gap of 20%. To understand the wage gap that exists today and what factors contribute to it‚ we must delve
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Pay for Time-Not-Worked: Pool Paper Assignment #3 Liliana Hernandez-Corniel HR586- Labor Relations Prof. J. Robinson May 27‚ 2011 In this day in age‚ depending on what kind of industry you work in there will definitely be non-productive time as well as productive time. However‚ the employer can never really nail down how much time the employee actually does not work unless you actually sit down to analyze and see how much your company is losing out. As
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ACNIELSEN M’SIA ENTERS STRATEGIC ALLIANCE WITH 99 SPEEDMART. (From Bernama The Malaysian National News Agency) from BERNAMA‚ The Malaysian National News Agency KUALA LUMPUR‚ July 12 (Bernama) -- Marketing information provider‚ ACNielsen and 99 Speedmart retail chain has signed a strategic alliance which will give ACNielsen access to 99 Speedmart point-of-sale (POS) data and provides 99 Speedmart with a suite of reports via ACNielsen’s Retailer Advisor Personal software 99 Speedmart offers a wide
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Equal Pay Act There are many laws and regulations that govern how the American work force is compensated. In most cases‚ the laws are set forth to protect the employee against unfair compensation practices. Many of the issues Americans face today are the same issues that existed many years ago. Issues involving labor relations‚ unions‚ and men versus women are many of the same issues we face today involving compensation. The Equal Pay Act is on of great interest to me as it covers compensation
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November 27‚ 2006 Pay Secrecy Debate Dr. Davison Compensation decisions are a significant part of running a company. When deciding how to align compensation with the organization‚ it is important to consider all options and determine the best fit for the overall organizational strategy. One option that an organization must consider is whether or not to have pay secrecy as a policy. If an organization chooses not to have pay secrecy it is imperative that the organization keeps its salary
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Gender Pay Gap | Are women paid fairly in the workplace? | March 14‚ 2008 • Volume 18‚ Issue 11 | By Thomas J. Billitteri Introduction Former Goodyear manager Lilly Ledbetter won more than $3 million in a pay-discrimination suit against the tire firm‚ but the U.S. Supreme Court overturned the verdict in 2007 for filing her complaint too late. (AFP/Getty Images/Fannie Carrier) | More than four decades after Congress passed landmark anti-discrimination legislation — including the Equal Pay Act
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most coveted and competitive post on comparison with the market as TCC for this position is at 71 percentile. It is only for this post that the organization follows a lead policy while determining TCC while for all the others it follows a matching or lag policy. Total Fixed Pay: Job Position | Total Fixed Pay | Variable Pay | Head Finance | 18 percentile position | 46 percentile position | General Manager- Finance | 51 percentile position | 14 percentile position | Senior Manager Finance
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Skill-based pay refers to a pay system in which pay increases are linked to the number or depth of skills an employee acquires and applies and it is a means of developing broader and deeper skills among the workforce. Such increases are in addition to‚ and not in lieu of‚ general pay increases employees may receive. The pay increases are usually tied to three types of skills: • horizontal skills‚ which involve a broadening of skills in terms of the range of tasks • vertical skills‚ which
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that the merit pay program had no effect on organizational performance in social organizations. Although‚ merit pay and bonuses for managers are common forms of compensation‚ there have been lacks of tests of their effectiveness‚ especially in banking sectors (Dyer & Schwab‚ 1982). In this study‚ the author will apply a Box and Jenkins (1976) time series procedure‚ which was used by Perry & Porter (1981) and Pearce‚ et al (1985)‚ to determine whether or not implementing a merit pay plan that tied
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eliminate “salary secrecy” within workplaces by banning “pay gag clauses” and ensuring that existing “gag clauses” are unenforceable. “Gag clauses” are contractual clauses which prohibit employees from discussing their pay with colleagues‚ effectively decreasing the pay transparency within the firm. Consequently‚ employees who do choose to discuss their pay‚ despite these gag clauses‚ may be subject to disciplinary
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