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International Workers' Day, also known as Labour Day in some countries [1] and often referred to as May Day, [2] [3] is a celebration of labourers and the working classes that is promoted by the international labour movement and occurs every year on 1 May, [4] [5] or the first Monday in May.
No pain, no gain (or "No gain without pain") is a proverb, used since the 1980s as an exercise motto that promises greater value rewards for the price of hard and even painful work. Under this conception competitive professionals, such as athletes and artists, are required to endure pain (physical suffering) and stress (mental/emotional ...
To each according to his contribution" is a principle of distribution considered to be one of the defining features of socialism. It refers to an arrangement whereby individual compensation is representative of one's contribution to the social product (total output of the economy) in terms of effort, labor and productivity. [1]
Labour MP hits out at his own government as campaigners say decision not to compensate women up to £2,950 each ‘would make the likes of Boris Johnson and Donald Trump blush’
Everyone hopes that their reward for decades of hard work will be decades more to enjoy the fruits of their labor. But according to one of financial guru Suze Orman’s rules of thumb — that you ...
"What labor everywhere wants, what it ought to have, and will someday demand and receive, is an honest day's pay for an honest day's work. As the laborer becomes more intelligent he will develop what capital he already possesses—that is the power to organize and combine for its own protection."
The result aimed for is the valorisation of invested capital, i.e. other things being equal, the value of capital is maintained and has also increased through the activity of living labour. At the end of the working day, labour power has been more or less consumed, and must be restored through rest, eating and drinking, and recreation.
Results from a 2012 study, which examined age-related differences in work motivation, suggest a "shift in people's motives" rather than a general decline in motivation with age. That is, it seemed that older employees were less motivated by extrinsically related features of a job, but more by intrinsically rewarding job features. [ 2 ]