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Those jobs and those of similar levels of responsibility might all be included in a named or numbered pay band that prescribed a range of pay, (e.g. Band 1 = $10–17 per hour). The next level/classification of a group of similar jobs would include increased responsibility, and thus a higher pay band (e.g. Band 2 = $13–21 per hour).
The 407 itself was adapted as an input/output unit on the IBM 650. Later, the 407 print mechanism was used in the IBM 1132 line printer, part of the low cost IBM 1130 computer system, introduced in 1965. The IBM World Trade Corporation marketed Computing Accounting Machines (CAM), variations of either the IBM 402 or 407
The IBM 6400 Accounting Machine is a series of four calculating and accounting machines produced by the IBM Electric Typewriter (ET) division in 1962. [1] It was announced in January 1963 and was sold to perform what IBM referred to as BICARSA, which stood for billing, inventory control, accounts receivable and sales analysis.
IBM (1936) Machine Methods of Accounting, 360 p. Includes a 12-page 1936 IBM-written history of IBM and descriptions of many machines. IBM (1940). IBM products brochure (PDF). IBM. An Introduction to IBM Punched Card Data Processing (PDF). F20-0074. IBM (1955–56). IBM Sales Manual (unit record equipment pages only). IBM (1957).
The authors mentioned IBM, which cut 3,900 jobs early last year. The company said it would keep hiring in “higher growth” divisions.
An accounting machine, or bookkeeping machine or recording-adder, was generally a calculator and printer combination tailored for a specific commercial activity such as billing, payroll, or ledger. [ 1 ] [ 2 ] Accounting machines were widespread from the early 1900s to 1980s, [ 3 ] but were rendered obsolete by the availability of low-cost ...
A compa-ratio of 1.00 or 100% means that the employee is paid exactly what the industry average pays and is at the midpoint for the salary range. A ratio of 0.75 means that the employee is paid 25% below the industry average and is at risk of seeking employment with competitors at a higher pay that is perceived as equitable.
The 402 could read punched cards at a speed of 80 to 150 cards per minute, depending on process options, while printing data at a speed of up to 100 lines per minute. The built-in line printer used 43 alpha-numerical type bars (left-side) and 45 numerical type bars (right-side, shorter bars) to print a total of 88 positions across a line of a report.