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Personal finance. 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 ...
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 ...
Literature. This glossary of literary terms is a list of definitions of terms and concepts used in the discussion, classification, analysis, and criticism of all types of literature, such as poetry, novels, and picture books, as well as of grammar, syntax, and language techniques. For a more complete glossary of terms relating to poetry in ...
A situation that leads to rampant strike actions at the labor front. The Single Spine Salary Structure was thus introduced with the objective of migrating all government workers to a single pay platform for proper administration with the Fair Wages and Salaries Commission given the mandate.
Structuralism is an intellectual current and methodological approach, primarily in the social sciences, that interprets elements of human culture by way of their relationship to a broader system. It works to uncover the structural patterns that underlie all the things that humans do, think, perceive, and feel.
Indian subcontinent. The Mansabdar was a military unit within the administrative system of the Mughal Empire introduced by Akbar later used in all over in early modern India. The word mansab is of Arabic origin meaning rank or position. The system determined the rank and status of a government official and military generals.
Wages and salaries. Wages and salaries are the remuneration paid or payable to employees for work performed on behalf of an employer or services provided. Normally, an employer is not permitted to withhold the wages or any part thereof, except as permitted or required by law. Employers are required by law to deduct from wages, commonly termed ...
Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, and disability insurance. Employment is typically governed by employment laws, organisation or legal contracts.