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Compensation can be fixed and/or variable, and is often both. Variable pay is based on the performance of the employee. Commissions, incentives, and bonuses are forms of variable pay. [2] Benefits can also be divided into company-paid and employee-paid. Some, such as holiday pay, vacation pay, etc., are usually paid for by the firm. Others are ...
New Twitter owner Elon Musk is poised to cut the company's workforce by 50%. Those employees should be in line for guaranteed severance -- unless Musk once again attempts to push the envelope of ...
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The National Labor Relations Act does not cover state or local public employees, and leaves it up to each state to grant these workers collective bargaining rights. [231] By 2000, 28 states and the District of Columbia had enacted a collective bargaining law for some or all of their public employees. [232] "Paycheck protection" acts ...
Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino.In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1] [2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com on May 17, 2024.
At precisely 4:12 p.m. Pacific time on Oct. 28, 2022, right when the deal closed, the tycoon’s assistant delivered letters of dismissal to the Twitter CEO and his top three lieutenants.
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Company-run stores served as a convenience for workers and their families, but also allowed the companies to exploit workers for increased profit. In certain cases, employers included contract provisions requiring employees to patronize the company stores. Employees who wanted to change their scrip to cash generally had to do so at a discount ...