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It is the expected total pay, if performance matches the expected targets. Actual pay may be higher or lower. The typical pay structure may be composed of a basic salary with an additional amount of commission , known together as a "package".
For example, a different group of teachers might be induced to enter the teacher profession if pay was aligned more with performance. And, the best teachers, the ones who get the added performance pay, may on average be induced to stay in the classroom longer.
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
How could it be that teachers, who earn an average annual income of $61,000 according to the U.S. Bureau of Labor Statistics, take third spot, while physicians don’t even rank in the top five ...
American Teacher is a feature-length documentary created and produced by The Teacher Salary Project. Following the format of the book Teachers Have It Easy: The Big Sacrifices and Small Salaries of America’s Teachers, the film utilizes a large collection of teacher testimonies and contrasts the demands of the teaching profession alongside interviews with education experts and education ...
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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.
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