PAYMENT OF WAGES ACT OBJECT AND SCOPE The Payment of Wages Act (Act IV of 1936) was passed to regulate the payment of wages to certain classes of persons employed in factories and industrial establishments. The Act ensures regular and prompt payment of wages and prevents the exploitation of wage-earners by prohibiting arbitrary fines and deductions from wages. The Act applies to the whole of India‚ including the state of Jammu and Kashmir. The Act applies to the payment of wages to persons
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There is a major difference between what’s referred to as ‘minimum wage’ and living wage’ The living wage is the amount of pay considered sufficient for you and your family to cover basic costs of living in a specific location. Economists and policymakers use this information to determine the relative financial health of workers when comparing their pay with their living costs. There is no federal living wage law. The minimum wage‚ established by the federal government‚ specifically through the Fair
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Student Name: Karina Francis Student Number: Center Number: 100121 School: Titchfield High School Territory: Jamaica Date Submitted: January 23‚ 2012 Teacher: Mrs. P. Thompson – Flemmings Topic: An investigation of the effectiveness of the auditing procedures used in the accounting office at the Portland Parish Council. Name Page Acknowledgement 1 Title
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of the two-tiered wage system apply? Why or why not? DBP Leasing Corporation (DLC) is a GOCC that is organized and existing under the Corporation Code. It is within the jurisdiction of the SEC (as a private corporation and a financing company authorized to operate pursuant to R.A. No. 8556) and under the regulatory supervision of the BSP (as a wholly-owned subsidiary of DBP). At present‚ DLC only has 23 employees – 19 regular‚ 2 probationary and 2 contractual. Tier 1 (Floor Wage) does not apply
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How would you like to make $290 million a year? What about having a net worth of $2.7 billion (Koslow)? This is the salary of Oprah Winfrey and we can see that money clearly is not an issue. Most celebrities would use such a salary as this to benefit themselves. But unlike other famous stars in Hollywood‚ Oprah chooses to give back to people who are struggling in life. Oprah Winfrey is such an amazing woman and to better understand her‚ one must examine her childhood‚ her image‚ and her benevolence
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TIPS HOW TO INCREASE YOUR SALARY Talk about salary negotiation is not an easy thing to do. Often even can lead to frustration and heartache.No special training or courses that teach how to effectively negotiate a salary. Most employees facing his superiors to negotiate a salary in an emotional state so weakened his own position when negotiating. The ability to negotiate salary needs to be owned either by subordinates or by a boss who will face a demand for a raise from his subordinates. There
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The Wage Gap in America The wage gap is a serious problem that has consequences for women in America‚ our two parent families and our single mom households. The government tries to reduce the wage gap between men and women’s earnings and tries to make sure that women’s talents are properly used and rewarded. A lot has been done to relive the wage gap in the past fifty years‚ but it still is not enough. Women can do things on their own to help close the wage gap. They can get a non-traditional
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The Salary of The Sports Stars is Fair. Successful sport players are much more popular and earn quite more than individuals in other important professions. Whether sports stars deserve this is a topic of frequent debate. Some argue that these huge salaries are fully justified while others deem it unfair that doctors earn less. In this essay I will explain why I believe sports stars deserve their huge salaries because they are unique and represent our ideals of human perfection. It is a well-known
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restaurants are profiting each year in big part due to the minimum wages they offer employees. I myself was an employee working at McDonalds‚ and for the amount of work required‚ making more than minimum wage is justifiable. On average
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Over the years‚ taxation has been taken as a veritable source of funding public sector activities as well as bein g an econ omic tool for the management of the con sumption‚ in vestment‚ and pr od uction patterns. In most d eve lopin g countries‚ the imposition of various forms of taxes has been with out some for ms of feed back on the effectiveness/efficien cy of such taxes. This stud y attempts to appr aise the usefulness of the tax system in Nigeria‚ usin g Value Added Tax system
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