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Gojek motorcycle riders in Salatiga, Central Java, Indonesia. The name Gojek comes from the term “Ojek” or motorbike taxis [16] commonly found throughout Indonesia. It was founded in 2010 with 20 motorbike drivers. [17] Gojek app was launched in January 2015, [18] and in less than two years, the app racked up nearly 30 million downloads. [19]
A pay band is sometimes used to define the range (band) of compensation given for certain roles. The range is based on factors like location (high vs low cost of living locations), experience, or seniority. Pay bands (sometimes also used as a broader term that encompasses several pay levels, ranges or grades) is a part of an organized salary ...
Compensation and benefits. Compensation and benefits ( C&B) is a sub-discipline of human resources, focused on employee compensation and benefits policy-making. While compensation and benefits are tangible, there are intangible rewards such as recognition, work-life and development. Combined, these are referred to as total rewards. [ 1]
The President of India has a net salary of ₹500,000 (US$6,000) per month, followed by the Vice President with ₹400,000 (US$4,800), and the Prime Minister at ₹280,000 (US$3,400). Governors receive ₹350,000 (US$4,200). The Chief Justice of India earns ₹280,000 (US$3,400) while Supreme Court judges receive ₹250,000 (US$3,000).
Wage labour (also wage labor in American English ), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomic relationship between a worker and an employer in which the worker sells their labour power under a formal or informal employment contract. [ 1] These transactions usually occur in a labour market ...
Salary can also be considered as the cost of hiring and keeping human resources for corporate operations, and is hence referred to as personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.
Performance-related pay. Performance-related pay or pay for performance, not to be confused with performance-related pay rise, is a salary or wages paid system based on positioning the individual, or team, on their pay band according to how well they perform. Car salesmen or production line workers, for example, may be paid in this way, or ...
The women's and men's singles champions will each receive $3.6 million, the U.S. Tennis Association announced Wednesday. The total compensation, which includes money to cover players' expenses ...