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Wagemark
Wagemark is an international wage standard used to certify that the ratio between a business, non-profit or government agency's highest and lowest paid earners is competitive and sustainable. The Wagemark Standard is maintained by the Wagemark Foundation, a Canadian non-profit organization. There are two ways to achieve Wagemark compliance, both of which result in an organization's listing on the Wagemark Global Registry. As of May 2014, there are 30 Wagemark certified organizations across 14 industries and 4 countries. Standard The Wagemark Standard is a third-party standard that makes it possible for organizations to respond constructively to income inequalities by committing to operate within a wage range that supports competitiveness, transparency and social equity. Calculation The standard compares the total earnings of the highest-paid employee with the average pay of the bottom decile of earners within an organization. This decile is based on the proportion of full-ti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wage Ratio
In economics, the wage ratio refers to the ratio of the top salaries in a group (company, city, country, etc.) to the bottom salaries. It is a measure of wage dispersion. There has been a resurgence in the importance of the wage ratio. The amount of money paid out to executives has steadily been on the rise. "An April 2013 study by Bloomberg finds that large public company CEOs were paid an average of 204 times the compensation of rank-and-file workers in their industries. By comparison, it is estimated that the average CEO was paid about 20 times the typical worker’s pay in the 1950s, with that multiple rising to 42-to-1 in 1980, and to 120-to-1 in 2000". While not as extreme, similar trends have been observed around the world. Regulation, Reporting and Initiatives With wage ratios steadily climbing, there has been a push to have increased transparency in publicizing the ratio for many of the world's largest companies. There have also been a number of movements around to the wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Theory
Management science (or managerial science) is a wide and interdisciplinary study of solving complex problems and making strategic decisions as it pertains to institutions, corporations, governments and other types of organizational entities. It is closely related to management, economics, business, engineering, management consulting, and other fields. It uses various scientific research-based principles, strategies, and analytical methods including mathematical modeling, statistics and numerical algorithms and aims to improve an organization's ability to enact rational and accurate management decisions by arriving at optimal or near optimal solutions to complex decision problems. Management science looks to help businesses achieve goals using a number of scientific methods. The field was initially an outgrowth of applied mathematics, where early challenges were problems relating to the optimization of systems which could be modeled linearly, i.e., determining the optima (maximum v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Catherine Cool Rumsey
Catherine Cool Rumsey is an American politician and was a Democratic member of the Rhode Island Senate representing District 34 from 2013 to 2014. Education Cool Rumsey earned her BS in sociology from Nazareth College and her MS in quality management from Anna Maria College. Elections *2012 To challenge District 34 Republican Senator Francis Maher, Cool Rumsey was unopposed for the September 11, 2012 Democratic Primary, winning with 488 votes, and won the November 6, 2012 General election with 7,150 votes (55.1%) against Senator Maher. Rumsey was defeated in her 2014 bid for re-election by Republican Elaine Morgan. References External linksOfficial pageat the Rhode Island General Assembly The State of Rhode Island General Assembly is the state legislature of the U.S. state of Rhode Island. A bicameral body, it is composed of the lower Rhode Island House of Representatives with 75 representatives, and the upper Rhode Island Se ... *Catherine Cool Rumseyat Ballo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Senator
A state senator is a member of a state's senate in the bicameral legislature of 49 U.S. states, or a member of the unicameral Nebraska Legislature. Description A state senator is a member of an upper house in the bicameral legislatures of 49 U.S. states or a member of the unicameral Nebraska Legislature. History There are typically fewer state senators than there are members of a state's lower house; a senator's job is to represent the people at a higher level than a state representative in the lower house. In the past, this meant that senators represented various geographic regions within a state, regardless of the population, as a way of balancing the power of the lower house, which was apportioned according to population. This system changed in 1963, when the Supreme Court of the United States ruled that state legislatures must apportion seats in both houses according to population. However, the single-member district system remained, and as a result, the State Senates b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rhode Island
Rhode Island (, like ''road'') is a U.S. state, state in the New England region of the Northeastern United States. It is the List of U.S. states by area, smallest U.S. state by area and the List of states and territories of the United States by population, seventh-least populous, with slightly fewer than 1.1 million residents 2020 United States census, as of 2020, but it is the List of U.S. states by population density, second-most densely populated after New Jersey. It takes its name from Aquidneck Island, the eponymous island, though most of its land area is on the mainland. Rhode Island borders Connecticut to the west; Massachusetts to the north and east; and the Atlantic Ocean to the south via Rhode Island Sound and Block Island Sound. It also shares a small maritime border with New York (state), New York. Providence, Rhode Island, Providence is its capital and most populous city. Native Americans lived around Narragansett Bay for thousands of years before English settler ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Why More Equal Societies Almost Always Do Better
''The Spirit Level: Why More Equal Societies Almost Always Do Better''UK Hardback edition: ''The Spirit Level: Why More Equal Societies Almost Always Do Better''. London, Allen Lane, 5 March 2009. UK Paperback edition (February, 2010) is a book by Richard G. Wilkinson and Kate Pickett, published in 2009 by Allen Lane. The book is published in the US by Bloomsbury Press (December, 2009) with the new sub-title: ''Why Greater Equality Makes Societies Stronger''. It was then published in a paperback second edition (United Kingdom) in November 2010 by Penguin Books with the subtitle, ''Why Equality is Better for Everyone''. The book argues that there are "pernicious effects that inequality has on societies: eroding trust, increasing anxiety and illness, (and) encouraging excessive consumption". It claims that for each of eleven different health and social problems: physical health, mental health, drug abuse, education, imprisonment, obesity, social mobility, trust and community lif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kate Pickett
Kate Elizabeth Pickett (born 1965) is a British epidemiologist and political activist who is Professor of Epidemiology in the Department of Health Sciences at the University of York, and was a National Institute for Health and Care Research Career Scientist from 2007–2012. She co-authored (with Richard G. Wilkinson) '' The Spirit Level: Why More Equal Societies Almost Always Do Better'' and is a co-founder of The Equality Trust. Pickett was awarded a 2013 Silver Rose Award from Solidar for championing equality and the 2014 Charles Cully Memorial Medal by the Irish Cancer Society. Career Pickett was a commissioner for the York Fairness Commission and a commissioner for the Living Wage Commission. She serves on the Scientific Council of Inequality Watch and the Scientific Board of Progressive Economy, and is a member of the Human Capital Research Working Group of the Institute for New Economic Thinking. She is on the Steering Committee of the Alliance for Sustainability a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Wilkinson (public Health)
Richard Gerald Wilkinson (born 1943) is a British social epidemiologist, author, advocate, and left-wing political activist. He is Professor Emeritus of social epidemiology at the University of Nottingham, having retired in 2008. He is also Honorary Professor of Epidemiology and Public Health at University College London and Visiting Professor at University of York. In 2009, Richard co-founded The Equality Trust. Richard was awarded a 2013 Silver Rose Award from Solidar for championing equality and the 2014 Charles Cully Memorial Medal by the Irish Cancer Society. He is best known for his book with Kate Pickett '' The Spirit Level'', first published in 2009, which argues that societies with more equal distribution of incomes have better health, fewer social problems such as violence, drug abuse, teenage births, mental illness, obesity, and others, and are more cohesive than ones in which the gap between the rich and poor is greater. Background Richard Wilkinson was educated at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter Drucker
Peter Ferdinand Drucker (; ; November 19, 1909 – November 11, 2005) was an Austrian-American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation. He was also a leader in the development of management education, he invented the concept known as management by objectives and self-control, and he has been described as "the founder of modern management". Drucker's books and articles, both scholarly and popular, explored how humans are organized across the business, government, and nonprofit sectors of society.Why Drucker Now? , Drucker Institute. He is one of the best-known and most widely influential thinkers and writers on the subject of management theory and practice. His writings have predicted many of the ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Earner
Income earner refers to an individual who through work, investments or a combination of both derives income, which has a fixed and very fixed value of his/her income (sometimes, called Vulkary Workers). The vast majority of income earners derive most of their income from occupational activities. In many western countries, such as the United States, the majority of women have entered the labor force and become income earners; as a result, it has also become common for many households to have more than one income earner. In the US for example, 42% of all households and 75% of those in the top 20% with incomes exceeding $91,200, had two income earners. See also *Income Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. For ... References Household income {{income-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Part-time Job
A part-time job is a form of employment that carries fewer hours per week than a full-time job. They work in shifts. The shifts are often rotational. Workers are considered to be part-time if they commonly work fewer than 30 hours per week. According to the International Labour Organization, the number of part-time workers has increased from one-quarter to a half in the past 20 years in most developed countries, excluding the United States. There are many reasons for working part-time, including the desire to do so, having one's hours cut back by an employer and being unable to find a full-time job. The International Labour Organisation Convention 175 requires that part-time workers be treated no less favourably than full-time workers. In some cases the nature of the work itself may require that the employees be classified part as part-time workers. For example, some amusement parks are closed during winter months and keep only a skeleton crew on hand for maintenance and office wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
