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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.
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
The NFL playoff schedule is about to be set, with the wild-card dates and times for every matchup to be revealed during Week 18.
A 17-year-old cheerleader from California was stabbed to death just days before Christmas — and police say they've arrested an "acquaintance" in connection with the case. On Friday, Dec. 20, at ...
A woman in Kentucky surprised her Navy husband with a special military homecoming by gifting him a five-day duck hunting trip in Kansas with his best friends ahead of Christmas.
M&T Bank Corporation (Manufacturers and Traders Trust Company) is an American bank holding company headquartered in Buffalo, New York. [2] It operates 1,000+ branches in 12 states across the Eastern United States, from Maine to Central Virginia. [1] [3] Until May 1998, the bank's holding company was named First Empire State Corporation. [4]
From January 2008 to December 2012, if you bought shares in companies when Rudolph Harold Peter Markham joined the board, and sold them when he left, you would have a 4.5 percent return on your investment, compared to a -2.8 percent return from the S&P 500.