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In 2012, the unemployment rate went down to 4.6 percent after it being 5.0 percent in 2010. This translated to 48 thousand new jobs and was well above the target of 45 to 50 thousand new jobs per year. The underemployment rate eased to 26.2 percent in 2012 from 28 percent in 2010, but is still much higher than the end-of-plan target of 20 percent.
A two-tier system is a type of payroll system in which one group of workers receives lower wages and/or employee benefits than another. [1] The two-tier system of wages is usually established for one of three reasons: The employer wishes to better compensate more senior and ostensibly more experienced and productive workers without increasing ...
Payments are equal to 50 percent of the claimant's average monthly compensation and are dispensed monthly for two to six months, depending on the claimant's length of service. Eligible workers are those who have made the compulsory 12 months integrated contributions to the GSIS under Republic Act No. 8291 and were involuntarily separated from ...
The Philippines is an archipelago of about 7,641 islands, [200] [201] covering a total area (including inland bodies of water) of about 300,000 square kilometers (115,831 sq mi).
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).
501 to 700 lawyers. $300,000. 701 to 1,000 lawyers. $310,000. 1,000+ lawyers. $395,000. Where you live in the country can also dictate your ability to earn a high salary, and because Big Law firms ...
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 ...
A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract. It is contrasted with piece wages, where each job, hour or other unit is paid separately, rather than on a periodic basis. Salary can also be considered as the cost of hiring and keeping human resources for corporate ...
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