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By Vickie Elmer If your boss is like most managers, she's probably too busy managing meetings and deadlines and corporate goals to give much thought to your value to the company.
Should the size of all the firms increase 27 times, however, the compensation of the CEO for the company that is 27 times larger, will increase 27 times over. This formula exhibits a strong correlation between the rise in executive compensation and the rise in value of the S&P 500 .
For example: The Paycheck Fairness Act, like the Equal Pay Act, still requires employees to meet an exceptionally high burden before an employer need even offer an affirmative defense. An Equal Pay Act plaintiff must identify a comparable male employee who makes more money for performing equal work, requiring equal skill, effort, and ...
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.
What’s considered a “good” salary in Texas depends on your household size and lifestyle, but most Texans make between $45,000 and $100,000 annually.
Karis, a 33-year-old geographic information systems analyst from Waco, Texas embodies this trend. Before her recent raise, nearly 50% of her income was dedicated to rent. Now, it’s closer to 41% ...
The theory of compensating wage differentials, by Adam Smith, provides a theoretical framework of the ideology behind pay differences. The theory explains that jobs with undesirable characteristics will compensate with higher wages compared to the popular, more desirable jobs, who provide lower wages to its workers. [13]
Why Increase the Minimum Wage in Texas? ... Employees who receive more than $30 in gratuities every month must get paid at least $2.13 an hour, as tips are considered part of the federal minimum ...