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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]
Merit pay, merit increase or pay for performance, is performance-related pay, most frequently in the context of educational reform or government civil service reform ...
Pay-for-Performance is a method of employee motivation meant to improve performance in the United States federal government by offering incentives such as salary increases, bonuses, and benefits. It is a similar concept to Merit Pay for public teachers and it follows basic models from Performance-related Pay in the private sector.
University of Iowa Hospitals & Clinics (UIHC) is an 811-bed public teaching hospital and level 1 trauma center affiliated with the University of Iowa.UI Hospitals and Clinics is part of University of Iowa Health Care, a partnership that includes the University of Iowa Roy J. and Lucille A. Carver College of Medicine and the University of Iowa Physicians group practice.
The General Schedule (GS) is the predominant pay scale within the United States civil service. The GS includes the majority of white collar personnel (professional, technical, administrative, and clerical) positions. As of September 2004, 71 percent of federal civilian employees were paid under the GS. The GG pay rates are identical to ...
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! John Forney has been the CEO of United Insurance HoldingsRead More...
Meet “MEI,” short for “merit, excellence, and intelligence,” and coined by Alexandr Wang, cofounder and CEO of Scale AI, a startup valued at $4 billion that provides companies with labeled ...
A pay scale (also known as a salary structure) is a system that determines how much an employee is to be paid as a wage or salary, based on one or more factors such as the employee's level, rank or status within the employer's organization, the length of time that the employee has been employed, and the difficulty of the specific work performed.