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Pay grades [1] are used by the eight structurally organized uniformed services of the United States [2] (Army, Marine Corps, Navy, Air Force, Space Force, Coast Guard, Public Health Service Commissioned Corps, and NOAA Commissioned Officer Corps), as well as the Maritime Service, to determine wages and benefits based on the corresponding military rank of a member of the services.
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.
Times relative to the designation are indicated with +/−[Arabic numeral] after the letter, replacing -day or -hour with a count of the same unit: "D−1" (the day before D-Day), "L+9" (9 hours after L-Hour) etc. [citation needed] In less formal contexts, the symbol or numeral may be spelled out: "D minus 1" or "L plus nine." [citation needed ...
When paying a worker, employers can use various methods and combinations of methods. [2] Some of the most prevalent methods are: wage by the hour (known as "time work"); annual salary; salary plus commission (common in sales jobs); base salary or hourly wages plus gratuities (common in service industries); salary plus a possible bonus (used for some managerial or executive positions); salary ...
Contribution margin (CM), or dollar contribution per unit, is the selling price per unit minus the variable cost per unit. "Contribution" represents the portion of sales revenue that is not consumed by variable costs and so contributes to the coverage of fixed costs. This concept is one of the key building blocks of break-even analysis. [1]
A number of different units (some only of historical interest) are shown and expressed in terms of the corresponding SI unit. Conversions between units in the metric system are defined by their prefixes (for example, 1 kilogram = 1000 grams, 1 milligram = 0.001 grams) and are thus not listed in this article.
A man-hour or human-hour is the amount of work performed by the average worker in one hour. [1] [2] It is used for estimation of the total amount of uninterrupted labor required to perform a task. For example, researching and writing a college paper might require eighty man-hours, while preparing a family banquet from scratch might require ten ...
Each unit represented in UCUM is identified as either "metric" or "non-metric". [5] Metric units can accept metric prefixes as in SI. Non-metric units are not permitted to be used with prefixes. All of the base units are metric. UCUM refers to units that are defined on non-ratio scales as "special units". Common examples include the bel and ...