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A pay scale (also known as a salary structure) is a system that determines how much an employee is to be paid as a wage or salary, based on one or more factors such as the employee's level, rank or status within the employer's organization, the length of time that the employee has been employed, and the difficulty of the specific work performed.
The pay scale was originally created with the purpose of keeping federal salaries in line with equivalent private sector jobs. Although never the intent, the GS pay scale does a good job of ensuring equal pay for equal work by reducing pay gaps between men, women, and minorities, in accordance with another, separate law, the Equal Pay Act of 1963.
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From 1985 onward, ADP's annual revenues exceeded the $1 billion mark, with paychecks processed for about 20% of the U.S. workforce. In the 1990s, ADP began acting as a professional employer organization (PEO) making several related acquisitions. On October 21, 2008, ADP switched its stock listing to the NASDAQ Global Select Market. [6]
A 2016 Government Accountability Office found that over the decade from 2005 to 2014, the federal government had an average of roughly 2,000 SGEs in any given year, with a low of about 500 (in 2013) and a high of about 3,100 (in 2009). [4]
Consultants can function as bridges for information and knowledge, and external consultants can provide these bridging services more economically than client firms themselves. [22] Consultants can be engaged proactively, without significant external enforcement, and reactively, with external pressure. [ 23 ]
Headquartered in Lake Success, New York, [3] the company was founded in 2007 as a spin-off from Automatic Data Processing. [1] Broadridge supplies companies in the financial industry with financial documents such as proxy statements and annual reports, as well as shareholder communications solutions such as virtual annual meetings. [1] [4]
In management, information technology consulting (also called IT consulting, computer consultancy, business and technology services, computing consultancy, technology consulting, and IT advisory) is a field of activity which focuses on advising organizations on how best to use information technology (IT) in achieving their business objectives and goals, but it can also refer more generally to ...