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Páginas: 4 (864 palabras) Publicado: 31 de enero de 2015
The competitive salary

The competitive salary ensures that an employee receives your payment according to market rates in a job. Several criteria are taken into consideration when a competitivesalary mentioned. Criteria include why workers from the same company, the cost of living adjustments, the cost of workers in related industries, hours worked and mandatory training requirements do.the company

A competitive salary is comparable with respect to what the employees of the same company. This is measured by standards such as the seniority criteria, performance metrics such assales, and responsibility in the company. It also includes other types of incentives as performance bonuses and commissions if other workers performing similar work in the company receiving them.Cost of living

The cost of living adjustments affecting the competitive wage calculations. Rural areas generally cost much less than renting or owning property in cities or suburbs, and wages in thisregard. Large employers, including the federal government, adjust their pay scales according to the location in which it is assigned to a worker. The cost of living is also affected by regulationssuch as state income and property taxes and the cost of air conditioning and heating, which can be substantial.

related Industries

The cost of workers in related industries is also a factor. Someworkers, such as sales experts or managers know a set of general skills, which is useful for many companies. The prestige of an industry also affects compensation. The work as researchers at auniversity can pay unless a job in the related manufacturing. Employees nonprofit pay less because the staff are receiving benefits to make a difference in the world.

hours worked

An employee is paidweekly instead of an hour. Salaried jobs usually include greater flexibility for this, including the hours required per week. Some managers of wage employment expect workers to work 100 hours a week,...
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