The next step in the job evaluation process is to select or design a method of evaluating jobs. Four basic methods have traditionally been mentioned. These are ranking‚ classification‚ factor comparison‚ and the point plan methods. These four basic methods are pure types. In practice there are numerous combinations. Also‚ there are many ready-made plans as well as numerous adaptations of these plans to specific organization’s needs. Following three dimensions distinguish these methods: 1.Whether
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disease‚ then looks at the characteristics of the public sector which may include lack of efficiency and low productivity due to being a sector that relies heavily on people and explains how an increase in wage - costs in one sector of the economy such as manufacturing or finance causes rises in wages across the economy in general. This essay then explores the problem(s) that arose from such theoretical standpoints and how the government has used its power to tackle the risk that the cost disease represents
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to pay workers a low wage‚ because a low-wage job has no ability to support people to live in society‚ diminishes productivity of some corporations‚ and makes people who are in poverty loss faith in government’s policy. II. Low-wage job has no ability to support people to live in society. 1. The data of how much money dose these people make per month 2. Compare how much money they need to pay ( live ) III. Diminishes productivity of some corporations. 1. Low-wage jobs can reduce people’s
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income. With high productivity and quality performance employers are able to become more competitive and increase profit. Salary is an easy and constant way of paying the employees of this company. This is a set wage that employees will earn based on their job description. This wage will not change based on their merit or seniority. The stability of this compensation system appeals to employees as they always are aware of how income they will receive. But it also has very little room for growth
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thus opening the door to the low wage labor industry. The hand held needle and thread operated by the dress-makers and tailors were quickly replaced with the modern day sewing machine and garment assembly worker. The prêt- a-portee revolution also brought about a shift in the global sewing force from male to female as well as native to immigrants being targeted for employment opportunities. The question remaining as to whether or not it better to take up a low-wage job or remain unemployed and wait
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perfect goods markets. The main one is that everyone is a wage taker. In other words‚ neither employers nor employees have any economic power to affect wage rates. This situation is not uncommon. Small employers are likely to have to pay the ‘going wage rate’ to their employees‚ especially when the employee is of a clearly defined type‚ such as an electrician‚ a bar worker‚ a secretary or a porter. As far as employees are concerned‚ being a wage taker means not being a member of a union and therefore
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Career Development International Emerald Article: Effects of wage and promotion incentives on the motivation levels of Japanese employees Kiyoshi Takahashi Article information: To cite this document: Kiyoshi Takahashi‚ (2006)‚"Effects of wage and promotion incentives on the motivation levels of Japanese employees"‚ Career Development International‚ Vol. 11 Iss: 3 pp. 193 - 203 Permanent link to this document: http://dx.doi.org/10.1108/13620430610661722 Downloaded on: 10-01-2013 References: This
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husband is a professor and you have enough money” (Owens). Today in the United States‚ the wage gap between working women and men is still not closed. The average working woman earns 79 cents for every dollar that a man earns and and women’s median annual earnings are $10‚800 less than men’s‚
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As the labor supply increases‚ more pressure is placed on the wage rate. If the demand for labor by employers does not keep up with the supply of labor‚ then the wage rate will be depressed. This is particularly harmful for employees working in industries that have low barriers to entry for new employees‚ i.e. they do not have high education or training requirements. Industries with higher requirements tend to pay workers higher wages‚ both because there is a smaller labor supply capable of operating
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attitude. The author also mentions that‚ “ wages were so inadequate that productivity was probably impaired by malnutrition”(602). This statement clarifies that the Virginian’s attitude toward work was due to an English economy that was dysfunctional‚ providing no incentive to work hard‚ giving the same low wage no matter what‚ and creating unneeded jobs only hurting the people. People were even limited to how many hours they could work a day so their wage wasn’t too high‚ making it hard for
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