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Wage Essay Topics & Paper Examples

A Pay Model and Defining Internal Alignment

The pay model shown in Exhibit 1.5 serves as both a framework for examining current pay systems and a guide for most of this book. It contains three basic building blocks (1) the compensation objectives, (2) the policies that form the foundation of the compensation system and (3) the techniques that make up the compensation system. Compensation Objective Pay system translate the strategy into practice in order to achieve certain objectives. The basic objectives, shown at the right side of the model, include efficiency, fairness, and compliance with laws and regulations. Efficiency can be stated more specifically: (1) improving performance, increasing quality, delighting customers and stockholders, and (2) controlling labor costs. Compensation objectives at Medtronic and AES are contrasted in…

Boring but Paid Well Job

Would you take a really boring job if it paid well? Or are you the type of person to stay in a job that stimulates you even if the money is bad? Many people face dilemma when they choose their jobs: what they really want are high salaries. If one chooses what one really wants, one can be happy with a job but how much one earns from a job cannot be ignored either. However, given a choice between those two, I would definitely lean more towards whether I am happy with my job than having a high salary since happiness cannot be gained by money and satisfaction with a job that brings even more success. To my opinion job…

Aspiring to Work at a Hospital

From childhood, people dream and wish about whom and where they want to be when they grow up. Now that I’m attaining my associates in health information technology, those dreams are closer than ever before. Once you are this close, the next question is, “What kind of workplace would I like to find myself in after graduation?” My definite choice would be in a hospital. Since there are several positions available with this degree, there are two aspects that influenced my decision on selecting this workplace. The two aspects are benefits and potential for growth. In today’s day and time many people make career decisions based on the benefits that they can receive from a specific job. Since I’m a…

Personal Reflection Paper (Architect)

An architect is someone who is trained and educated in the planning, design , and supervision of the construction of buildings. They are involved in a variety of different things. Such as, designing houses, churches, schools, airport terminals, offices, apartments, bridges, etc. Their job includes far more than the building’s looks. They must also make sure that the buildings are strong and safe enough for people to use them. Therefore, architects must have a license before they can perform their job. In order to obtain this license , they must have a degree in architecture, must finish an internship, and finally pass all sections of the Architect Registration Exam. The average yearly wages for architects range around $75,000. They usually…

Taxation Law Assignment 2012

Emma’s annual salary of $150,000 per annum is assessed based on s6-5(1) ITAA97, which states her AI includes income according to ordinary income (OI) concept. In Scott v Commissioner of Taxation (1935), the court’s definition of income is reflective of what majority of public would consider income, such as salaries. Emma’s annual salary does constitute for OI and is thereby AI. However, since Emma has arranged for 10% of her salary to be directed to her sister, we consider whether there is an implication on the full amount of her salary being AI. According to the constructive receipt rule, s6-5(4) ITAA97, even though Emma is not the recipient of that 10% of her salary, she is deemed to have also…

Employment Rights Act

1. Know the statutory responsibilities and rights of employees and employers within own area of work. 1.1 List the aspects of employment covered by law Here is a list of the aspects of employment covered by law; minimum wage, discrimination, health and safety, holiday entitlements, redundancy, dismissal, training, disciplinary procedures, union rights and consultation, maternity rights, protected disclosures, working time regulations, particulars of employments. Working hours and holiday entitlements, Sickness absence and sick pay, Anti – discrimination provisions, Data protection, Relevant equalities legislation. 1.2 List the main features of current employment legislation is : – Health and Safety Act 1974 – Equality Act 2010 – Date Protection Act 1998 – Employment Rights Act 1996 – Part Time Workers Regulations Act…

Human Rights of an Employee

1. Employee An employee contributes labor and expertise to an endeavor of an employer and is usually hired to perform specific duties which are packaged into a job. In most modern economies, the term “employee” refers to a specific defined relationship between an individual and a corporation, which differs from those of customer or client. Other types of employment are arrangements such as indenturing which is now highly unusual in developed nations but still happens elsewhere. 2. Employer-worker relationship An employer’s level of power over its workers is dependent upon numerous factors, the most influential being the nature of the contractual relationship between the two. This relationship is affected by three significant factors: interests, control and motivation. It is generally…

Problems of the Bangladesh Ready Made Garment sector

In recent time it is argued that the crisis in the Ready Made Garment (RMG) sector is not only limited to the wages and allowances of the workers. Productions and exports of the factories have decreased and the price of the apparels is decreasing in the international market. The owners of this industry allege that, the supply of gas and electricity is not continuous, because of which they are to use generators to keep the production process of the factories uninterrupted, resulting in the increasing cost of productions. But it is urgent to reduce the cost of production to comply with the foreign buyers’ demand and the competitive international price. Moreover, serious and untoward incidents in the form of chaos…

City and Guilds Level

=Understanding employment responsibilities and rights in health, social care or children’s and young people’s setting. Task A AiImagine you are a newly appointed supervisor/manager within your service. You need to updaste your staff handbook to reflect current employment law. Identify three different sources of information you could use to enable you to do this. •Internet •Policies and Procedures •Handbooks AiiOnce you have identified a reliable source of information: a)List three aspects of employment covered by law. •Equal Pay Act 1970 •Health and Safety Act 1974 •Data Protection Act 1998 b)List three main features of current employment legislation. •Employment Rights •Equalities and Discrimination Law •Healthy and Safety at Work AiiiBriefly outline why employment law exists. To protect employers and employees from…

Intel vs Arm Case

DECISION SUMMARY Should JBT buy Key Technologies’ sorter division for $50 Million? To answer this question, our team conducted an examination of the value the division will provide to both your company and your customers, and the effects the purchase will have on your company’s financials and yearly marketing goals. After analyzing these factors, we recommend that JBT should move forward with this purchase. DISCUSSION Value Added to Customers. The proposed acquisition of the sorting division provides JBT customers with an enhanced portfolio of products they can purchase and have serviced from a single source. Also, food processors with employee wage rates greater than $4,081 per annum benefit from purchasing a sorter by the efficiencies gained in reducing manpower on…

Overtime vs Hiring: A Case Study

Abstract This report aims to address the debate over whether it is more beneficial to hire new employees when faced with shortages, or cover the shifts with overtime. The issue is examined from the viewpoint of Columbia University’s Department of Public Safety, and takes into account factors and costs as found therein. This report includes a graphical comparison of the costs associated with each option, and analyses and discusses the greater expense of hiring. One of the most debated topics in management is whether it is more beneficial to hire new employees or pay overtime to increase production or coverage. Many factors go into this decision, including benefits, duration of the period of extra work needed, and even type of…

Balancing Family & Work Life

I. Introduction A. Thesis Statement Attending school as an adult, and maintaining a source of employment can be a daunting task, as many adults who had to delay their college education must know. One of the most challenging aspects of adult life consists of learning how to adjust accordingly to the rigors of life at home as well as the workplace. Failure to do so can lead to a life of complete disarray, stress, illness and exhaustion. II. Body Paragraph #1 – Topic Sentence #1 Traditionally the typical age group for freshmen in college was between 18 to 19 years of age. That reality has slowly changed as more young adults are finding their way back in the classroom, while…

Pros and Cons of Minimum Wage

The vast majority of economists believe the minimum wage law costs the economy thousands of jobs. The most fundamental principle of economics is ‘supply and demand’. In the case of labor, this means that the supply of workers goes up as wage goes up, and the demand for workers by employers goes down as the wage goes up. For example, imagine a janitorial job was advertised for hire. If the wage were $100 per hour, thousands of people would want the job. If the wage were $1 per hour, you probably wouldn’t find anyone to do it. So if the government forced the employer to pay at least $7 per hour, the employer might decide not to hire a janitor…

Whole Foods Compensation

To give you an idea of the hourly rates per position at Whole Foods, here is a short list: Cashier-hourly-$10.36, Team Member-hourly-$10.85, Prepared Foods Team member-hourly-$10.85, Customer Service-hourly-$10.31, Grocery Team Member-hourly-$11.39, Team Leader-hourly-$11.39, Team Leader-hourly-$22.45, Produce Team Member-hourly-$11.18, Associate Team Leader-hourly-$17.17, Buyer-hourly-$13.56, Bakery Team Leader-hourly-$11.41, Specialty/Wine Team Leader-hourly-$11.52, Customer Service Supervisor-hourly-$13.43, Prepared Cook-hourly-$12.50, Front End Supervisor-hourly-$14.41, Associate Store Team Leader-annually-$60,171, Team Leader-annually-$55,914, Seafood Team Member-hourly-$11.03, Buyer/Specialist-hourly-$14.56, Demo Specialist-hourly-$13.08, and Prepared Foods Supervisor-hourly-$13.78. These are the main positions in the store and along with their wages listed. Employees up and down the food chain at this natural foods market have benefitted from its rapid growth. The stock has tripled in the past three years, and even part-timers are eligible for stock…

Fringe Benefits

1.What do you mean by fringe benefits? Give any two examples? Ans. A Different offers a company groups together for an employee are collectively known as a fringe benefits packages. B An employment benefit given in addition to one’s wages or salary, or Benefits, other than wages or salary, provided by an employer for employees Any nonwage payment or benefit granted to employees by employers. C A payment to a worker in addition to salary or wages. It may take the form of cash, goods, or services, and may include such items as health insurance, pension plans, vacation time, disability income and paid vacations. D It it the Compensation provided by the employer to the employee at no charge that…

Impact of Minimum Wage on Unemployement

“We cannot unambiguously conclude that a minimum wage increase will increase unemployment levels”. Discuss. The essay is outline as follows. Firstly, I would define some of the key terms. Secondly, I would outline the reasons for the statement. Lastly, I would provide the concluding remarks. Unemployment is when those members of the labour force who are willing and able to work cannot find a job. Minimum Wage In a perfectly competitive labour market, the equilibrium wage should be W1, where labour supply = labour demand. Wages are artificially altered when the price floor is imposed. An increase in the wage rate encourages the economically inactive to enter the labour market, causing an expansion in the supply of labour. The minimum…

Economic Uk Labour Market

The UK labour’s market have seen a significant increase in income inequality. The labour market is “a market in which wages, salaries and conditions of employment are determined in the context of the supply and demand for labour.” (Bannock, G Et.al 2003) This disparity in income can be seen from the Gini coefficient, which is a widely used measure of inequality, at an all-time high in recent years, with a significant increase since 1980. This trend is unlikely to reverse especially as income inequality had not decrease during the previous Labour government despite its comprehensive measures aimed at reducing income inequality. This essay aims to describe the reasons of the growing income inequality in the UK and the extent to…

The Maple Grove Case

Two years ago the United Steel Workers organized the 400 workers at Maple Grove Foods, a food processing company in Western Ontario. Previously the company had been in operation for over thirty years as a non-union shop. Management had tried to convince employees not to join the union. The employees were paid quite well, in the view of the company. However, after a lengthy campaign the union organizing drive was successful. Jim Byer was hired as the company spokesperson to negotiate the first agreement between the parties and he and his team worked with Ralph Goodall, the chief spokesperson and business agent for the union. Negotiations did not go well. Both parties felt the other was not being responsive to…

Employment Law Compliance Plan

Per your request, I was delegated the duty of developing the Employment Law Compliance Plan for Bradley Stonefield and his limousine company. Based on the meeting notes, Mr. Stonefield wants to operate a limousine company in Austin, Texas and to have at least 25 employees working for him within the first year. To ensure the success of Mr. Stonefield’s business, I have developed an employment law compliance plan that he should follow. This communication serves as confirmation of the employment laws that are relevant to Mr. Stonefield’s business. It will also provide how the employment laws should be executed and the consequences of noncompliance. This memo will give information regarding federal employment laws and regulations specific to Texas. The laws…

Employment Law Compliance Plan

I have researched several employment laws for Mr. Stonefield’s Landslide Limousine Company and there are four laws that I will outline for Mr. Stonefield to consider complying with in his new business venture. I will discuss in this memo the Civil Rights Act of 1964 regarding employment discrimination, The Americans with Disabilities Act of 1990 regarding people with disabilities, Equal Pay Act of 1963 regarding wage discrimination between men and women, and lastly the Texas Minimum Wage Act regarding the least amount of an hourly wage payable in the state of Texas. I will give a brief summary of each of the four Acts and consequences for noncompliance. Civil Rights Act of 1964 The Civil Rights Act of 1964 is…

Minimum Wage Essay

An increase in minimum wage immediately sounds like a good idea, however it is not as simple as it may seem. Minimum wage laws have been in the U.S since 1938. Their purpose is to make sure no American employees are living below a certain standard. However the minimum wage laws apply to those who are actually employed; could it be that the higher the minimum wage, the higher the U.S unemployment rate? The U.S congress has recently been debating whether to raise the minimum wage from $7.25 to $10.10 an hour. An increase in the minimum wage simply will not be beneficial to our country economically or socially, because jobs will be lost and minorities will suffer the most….

Agreed Ways of Working

Agreed ways of working is following the companies’ policy and procedures within the care plan given to each service user and care plans within The Manor. The policies and procedures document will give you all the information you need to know within your role and place of work, it explains how you should do your job, for example it translates policies into working practice such as a manual handling procedure will tell you how to undertake a risk assessment and will cover all the stages of the process. It’s care workers duty of care to keep service users safe by following policies and procedures and working within their job role. The Importance of Having Full and Up-To Date Details of…

Why the Minimum Wage Should Be Raised

Minimum wage is the minimum amount that an employer can pay their employee. In the United States, many people are greatly affected by the federal minimum wage. Poverty continues to increase in the United States. Currently it is at seven dollars and twenty five cents which is too low in the current world today. The minimum wage is under debate if whether it should be increased. The debate has been brought about since many people are earning the minimum wage and are dissatisfied. Debate of whether the minimum wage should be raised is currently taking place. Finding the perfect minimum wage that will be good for both the employee and employer is a process and it has been an important…

Recruitment and selection within health

1.1 Explain the impact on selection and recruitment processes, in own setting, of: A) Legislative requirements B) Regulatory requirements C) Professional Codes D) Agreed ways of working As the manager it important to consider equal opportunities when offering employment, pay, or promotion without discrimination as to sex, race, colour, disability, etc. This can have an impact on the recruitment process because I must take into consideration that the needs of my service users. For example some of my service users have communication needs which requires my staff to be fluent in spoken English. Should the service user feel they are not being understood this could lead to them becoming very confused or frustrated and may even result in them exhibiting…

Scoring System for Adam Baxter Company Negotiation

Role: Management The maximum possible score within the system is 100, given that the Local 190 agrees to all changes presented by the management. 1. Worker autonomy and target production levels in new plant (maximum points: 30) Points 1. Maintain same level of autonomy/maintain production level at 80% 0 2. Slightly reduce level of autonomy/increase production level to 90% 10 3. Moderately reduce worker autonomy /increase production level to 95% 20 4. Completely eliminate worker autonomy /increase production level to 100% 30 2. Group inventive system (maximum points: 25) a. Maintain current incentive structure at 60% of base pay in incentive payments 0 b. Reduce incentive structure to a maximum of 40% of base pay in incentive payments 9 c….

The Unorganised Sector Issues And Concerns

Problems of Definition The bulk of the Indian labour force is employed in what is loosely referred to as unorganised sector. Most of them are neither organised nor hive any access to social security. Their employment is unprotected, their wages are extremely low, and a large section of them live under conditions below the poverty line. The developmental efforts by the state have done little to improve their living coalitions. This is a matter of concern not only for the trade unions but also for every rational person in this country. Defining the term ‘unorganised sector’ is a difficult task indeed. Apart from the conceptual difficulties, the definition also depends on who is defining it and for what purpose. There…

The Impact of Poverty on Children in America

The U.S. is among the richest countries in the world today, yet millions of people still live below the poverty level. The number of American children living in poverty is increasing day by day. “Poverty in America has become a great menace to children’s wellbeing as it affects them emotionally, socially, and even in their school performance (Wood 720)”. Poverty in America is mainly caused by lack of jobs and minimum wage. Moreover, the rise in the cost of living can be said to also cause poverty in the US. Indigence exists in America despite the fact that it is among the richest nations in the world and The Glass Castle illustrates a family that lived in poverty in the…

Experience At Work Speech

At McDonalds lines of communication are pretty open especially for the ones still in high school or college. They give whatever hours you request and how many days you want to work. If you need off one of the days just be sure to ask off two weeks in advanced and they will make sure you get the day off. The overall experience at McDonalds after being there for over a year now is outstanding. I know most people think hey its McDonalds, but the benefits they aren’t bad at all. For one they are lenient with their hours and give however many hours you want. Secondly, they allow you to have $6 of free food each time you work,…

Disadvantages and Alternatives to Public Sector Strikes

Strike replacement occurs when employers hire or use individual to perform the work of employees on strike. In the United States, it is not unfair labor practice for employers to replace the striking workers with others in effort to carry on the company’s business. Most other industrialized nations, however, do not allow permanent strike replacement. The United States is already unique among its trading partners in allowing permanent strike replacements and ban on permanent strike replacement would probably raise labor costs and harm international competiveness. For decades, employers have been permitted to hire permanent replacements for striking employees, Congressional action may change this situation, and however, any legislative changes on this issue will most likely become a political hot potatoes…

Minimum wage essay

Some people may support minimum wage legislation because they believe it will help struggling workers to make ends meet. What do you think about that? Minimum wage, as a kind of price floor, refers to the least amount of money that employers can legally pay labors for per hour of work. Therefore, government sets a price that is under the market equilibrium price in order to reduce the poverty and ensure that young employees and minority will not be treated unequally. However, those aimed goals are not accomplished as expected and minimum wage only makes economy inefficient and worsens some people’s lives. After the minimum wage is imposed above the equilibrium wage rate, this results in the supply of labour…