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The owners wanted to control salary growth and insisted on a salary cap, changes to free agency and salary arbitration.
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With student debts spiraling out of control, salaries stagnating, and good jobs growing ever scarcer, young professionals have struggled unlike at any time within recent memory to find meaningful employment, solvency, and purpose.
While it will require work on your part at least you will know that your monies won't go poof in the night by incompetent executives,out of control salaries, non-performance and out-ethics -- (Enron, Countrywide, Indy Mac, Bear Stearns, etc).
Or, if not, then some price controls–salary caps, that is.
Local managers, concerned about their budget, are interested in finding ways to curtail labor costs by controlling salary levels.
Employees directly control their salary increases as they acquire the skills that interest them at their own pace, rather than waiting for fixed review periods or annual raises.
When we take the payroll level as a control variable, salary dispersion shows a negatively significant effect on team performance, while it has an insignificant effect on team performance when the payroll's relative position is used as a control variable.
"The practice of holding back prospects so that their service time does not start has been going on for years," says Ma. "What's the value in bringing them up for a couple weeks in September when you can possibly extend the time you control their salary?
Although often more willing than local staff to work in post-conflict areas [ 18], common problems in expatriate recruitment include high turnover; variable skills and qualifications; resentment over control and salary differentials; and failure to transfer skills to national staff [ 17, 18].
Meanwhile the government has done nothing to control top salaries and bonuses or to curb tax avoidance.
Congress no longer retains power to fix postal tariffs (although changes may be vetoed) or to control employees' salaries, and political patronage has been virtually eliminated.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com