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One example is the initiation fee, a fee charged by the union to the worker when the employee first joins the union. The initiation fee covers the administrative costs of joining the union. Fees may, however, be ongoing. For example, a union program (such as a welfare or benefit fund) may be offered only to those union members who pay a regular ...
A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property Each tenant pays their pro rata share of a property's total CAM charges, which prorated share is the percentage of the tenant's rented square footage of the total, rentable square ...
Union dues are payments members make to a labor union to support its operations. Union dues are generally 1 to 2% of an employee’s salary, but this amount could change depending on the industry ...
Capitalization rate (or "cap rate") is a real estate valuation measure used to compare different real estate investments. Although there are many variations, the cap rate is generally calculated as the ratio between the annual rental income produced by a real estate asset to its current market value. Most variations depend on the definition of ...
Thus higher wages paid in the union sector makes it seem like there is a rationing of union jobs and that the average worker would rather work a union job than a non-union job. [ 4 ] Others attribute changes in this premium to changes in business cycles (for example should the unemployment rate go up, it would raise the premium or if the ...
The traditional rate formula is intended to produce a utility's revenue requirement: R = O + (V − D)r. The elements of the traditional rate formula are defined as: R is the utility's total revenue requirement or rate level. This is the total amount of money a regulator allows a utility to collect from customers.
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The union density or union membership rate conveys the number of trade union members who are employees as a percentage of the total number of employees in a given industry or country. [1] This is normally lower than collective agreement coverage rate, which refers to all people whose terms of work are collectively negotiated .