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This is also called the "Oxford scale" and the "old OECD scale". Mentioned by the OECD in the 1980s for possible use in countries without an established scale. [2] 1.0 to the first adult; 0.7 to the second and each subsequent person aged 14 and over; 0.5 to each child aged under 14.
Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
Based on the data gathered by the Philippine Statistics Authority, the region with the highest income is the National Capital region while the lowest is that of the ARMM. More recently in 2018, ARMM had the lowest average gross regional domestic product (Per Capita); the number sits at 0.5%.
Formula weight calculator: The input is a chemical molecular formula, using the periodic-table symbols and notation, and there is a button to work out the percentages of its constituents. Astronomical calculator : The input is a date and one or multiple celestial bodies (usually the sun, moon, planets, planetoids or comets).
Led by Heisman Trophy winner Pete Dawkins, the Knights finished that season 9-0-1, the last undefeated season in program history — something that could soon change based on Saturday’s result.
Glamorous gold jewelry staples you can wear on repeat — all under $15
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.