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pay raise 2013 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.
Base Salary or Guaranteed Pay – a fixed monetary reward paid by an employer to an employee. This refers to the regular amount of money that an employee receives consistently. The basic salary, often referred to as the base or fixed salary, is the set amount that an employee receives for their standard work.
The employee may explain that they want to focus on their work and not be distracted by running out of cash to pay the bills and ask for consideration of an early merit review.
So, for example, if a company declared a 25% profit sharing contribution, any employee making less than $230,000 could deposit the entire amount of their profit sharing check (up to $57,500, 25% of $230,000) in their ERISA-qualifying account. For the company CEO making $1,000,000/year, $57,500 would be less than 1/4 of his $250,000 profit ...
The agreement means state employees earning less than $50,000 a year will receive a $2,500 pay raise. Those earning more would receive a 5% increase. ... giving a $2,500 raise to any employee ...
In 2004, Pres. George W. Bush and other Republicans favored shifting federal civilian employee salary pay raises from across-the-board uniform raises towards a merit-based pay system—particularly through a proposed system called the "...Human Capital Performance Fund, which agencies can use to reward their highest performing employees ...
In fact, the national average for salary increase is 2.2. Getty Images By Jacquelyn Smith We all hope to see our paychecks grow every year, but for many, raises are few and far between -- or they ...
Trade unions generally seek to reduce wage dispersion, the differences in wages between workers doing the same job. [3] Not all unions are successful, however. A 2008 study of collective bargaining agreements in the United States found that 25% of the union contracts surveyed included a two-tier wage system. [3]