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  2. Compensating differential - Wikipedia

    en.wikipedia.org/wiki/Compensating_differential

    Thus, higher pay in some areas of the country is expected where the cost-of-living is higher while higher pay is also necessary to compensate for a less pleasant working environment. The rate of pay in the private sector represents (according to the hypothesis) the exact rate necessary to attract and retain staff.

  3. Compensation and benefits - Wikipedia

    en.wikipedia.org/wiki/Compensation_and_benefits

    Organizations often set the total cash compensation for sales people at a market level, then they split the total cash compensation into the base salary component and the incentive component following a 70/30 pay mix, while other (non-sales) employees may have a 90/10 pay mix.

  4. Human resources - Wikipedia

    en.wikipedia.org/wiki/Human_resources

    Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. [ 1 ] [ 2 ] A narrower concept is human capital , the knowledge and skills which the individuals command. [ 3 ]

  5. Iron law of wages - Wikipedia

    en.wikipedia.org/wiki/Iron_law_of_wages

    The demographic transition (a transition from high birth and death rates to low birth and death rates as a country industrializes) changed this dynamic in most of the developed world, leading to wages much higher than the subsistence wage. Even in countries which still have rapidly expanding populations, the need for skilled labor in certain ...

  6. Career ladder - Wikipedia

    en.wikipedia.org/wiki/Career_ladder

    A career ladder or corporate ladder is a metaphor for job promotion. In business and human resources management, the career ladder typically describes the progression from entry level positions to higher levels of pay, skill, responsibility, or authority.

  7. Wage - Wikipedia

    en.wikipedia.org/wiki/Wage

    [7] [8] [9] Law 275 stipulated a ferry rate of 3-gerah per day on a charterparty between a ship charterer and a shipmaster. Law 276 stipulated a 2 1 ⁄ 2-gerah per day freight rate on a contract of affreightment between a charterer and shipmaster, while Law 277 stipulated a 1 ⁄ 6-shekel per day freight rate for a 60-gur vessel. [10] [11] [9]

  8. Employment - Wikipedia

    en.wikipedia.org/wiki/Employment

    Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. [1]

  9. Human resource management in public administration - Wikipedia

    en.wikipedia.org/wiki/Human_Resource_Management...

    For any company to have an efficient ability to grow and advance human resource management is a key. Human resources are designed to manage the following: Employee Benefits: include various types of non-wage compensation provided to employees in addition to their normal wages or salaries.

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