A two-tier wage structure occurs when newer employees receive lower pay than more seasoned employees who typically perform the same type of job. This type of pay structure can save a small business ...

A competency-based salary structure is based on employee proficiency and expertise instead of factors such as seniority or tenure. Job competency refers to the level at which the employee performs, ...

The current auto industry labor negotiations have sparked a lively debate about the efficacy of adopting or maintaining a tiered pay structure for a manufacturing workforce. While some may argue that ...

The New Labour Code 2025, rolled out last month, has introduced a clearer and more uniform definition of wages. Under the new rules, an employee’s basic pay, dearness allowance and retaining allowance ...

The Board of Regents of the Nevada System of Higher Education (NSHE) adopted a salary model for academic faculty in June 1986 that provided that academic salary ranges would be established with input ...