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Salary can also be considered as the cost of hiring and keeping human resources for corporate operations, and is hence referred to as personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.
In the United States, a federal resume is a type of résumé constructed specifically to apply for Federal government jobs. Like a private sector resume, it contains a summary or listing of relevant job experience and education.
Some function as tax shelters (for example, flexible spending accounts, 401(k)'s, 403(b)'s). Fringe benefits are also thought of as the costs of keeping employees other than salary. These benefit rates are typically calculated using fixed percentages that vary depending on the employee’s classification and often change from year to year.
In order to keep their federal contracts, companies could soon be prohibited from asking potential employees about their wage history.
In a bid for greater pay equity, 19 states and 21 local governments have passed salary-history bans, which function exactly as they sound: They are laws banning employers from asking about salary ...
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Some examples of remuneration that some were surprised to learn a corporation was not required by law to report on executive pay statements include benefits of $1 million/year to an IBM CEO retiring after about nine years of service; a guaranteed rate of return of 12 per cent (three times the rate of Treasury bills at the time) on deferred ...
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