FG Trade / Getty Images Two of the most common types of compensation are salaries and hourly pay. A salary is a specific amount of compensation regardless of the number of hours worked.
With this model, we show that both wage differences and market size have important effects on the location of manufacturing firms and the innovation sector as well as on economic growth. First, when ...
US wage growth for lower-paid workers has slowed more than other groups recently. That has partly reversed the strides they ...
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