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What to do when non skilled manager pay exceeds a skilled workers pay in the same companyy?
When non-skilled manager pay exceeds a skilled worker's pay in the same company, the management can work with a mediator outside of the company to determine a new pay scale. This can also lead to the unionization of skilled workers.
How does the National minimum wage affect workers and firms?
This law determines how little money a company can pay to its workers. Without it, a company can make a worker's wage ridicously low.
What is a workers comp buyout?
A workers' compensation buyout is when the company opts to pay an employee the entire amount of their workers' compensation instead of making payments. Most companies will offer a buyout in an attempt to pay the employee less.
Why do you have to pay for bottled water?
You have to cover the water bottle company's expenses. These include: the labour, the salary of the workers, insurance of the workers, the equipment, and of course the cost of the plastic. The water is also probably treated by the company, so you have to pay for all that jazz too.
What is payroll expense?
A payroll expense is an expense for an employee of a business. It is what is used to pay the workers in a company or organization.
which terms refers to the condition of workers who could never afford to pay what they owe to a company?
Debt peonage
Who will pay for work related injury?
The company has workers comp insurance and it's paid through that. Always.
If workers actively demand pay increases when the price level is rising and are willing to accept pay cuts when the price level is falling then the short-run aggregate supply curve would be?
Would it be horizontal
What was one problem faced by mine workers during the great depression?
they couldnt pay off their company debts
What term refers to the condition of workers who could never afford to pay what they owed to company store?
Debt peonage
Which term refers to the condition of workers who could never afford to pay what they owed to company store?
Debt peonage
Which term refers to the condition of workers who could never afford to pay what they owed to a company store?
Debt peonage
