wage determination

wage determination

n
(Industrial Relations & HR Terms) the process of setting wage rates or establishing wage structures in particular situations
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In contrast, a large body of work in economics focuses on the importance of cognitive skills for wage determination.
The Philippines also ranked 63rd in higher education and training; 68th in technological readiness; 77th in institutions (which measures property rights, intellectual property protection, diversion of public funds and public trust in politicians, among others); 80th in the market efficiency pillar (intensity of local competition, extent of market dominance, effectiveness of anti-monopoly policy); 82nd in labor market efficiency (flexibility of wage determination, hiring and firing practices), and 86th in health and primary education.
Volume 1 is the result of a project Jun began in 2008, with the aim of studying three major questions: What are the changes that have occurred in wage determination in China since the start of the Reform and Opening Up era?
Employers yesterday have called on government to rationalize and to depoliticize approach its minimum wage determination to ensure greater flexibility and efficiency for the business sector in managing their operations rather than falling prey to political aggrandizement stressing that only curtails growth of business, the engine of growth.
After a meeting held with the Minimum Wage Determination Commission in the capital of Ankara last December, Ecelik stated that they had agreed on a 6 percent raise in the minimum wage for workers.
And this complexity means that there's a lot more wiggle room in wage determination than conventional wisdom would have you believe.
After extensive review of the existing literature on wage determination we came up with a conceptual framework that explains how labor immobility influences the wage rate in competitive labor market.
For wage determination, we estimate wage equations based on contract pair (employer-worker) random effects, based on employer random effects, and based on worker random effects.
According to the analysis, even though Egypt has achieved improvements in individual areas such as corporate ethics, favouritism of government officials, wage determination and alternative ICT uses, other determinants of the GCI saw a decline.
Direct $1,000,000 $1,250,000 Contract Specialist-- Labor Wage Determination 3.
5) With market-driven economic reforms and the decentralisation of wage determination, gender wage discrimination now has some effects on the Chinese economy.
Where permanent workers will not be affected so much by the new wage determination, it will lead to the dismissal of tens of thousands of seasonal and temporary workers.