What is the term for rates of pay that are above the pay range maximum quizlet?

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What's the name for range of pay?
What is the definition of a wage quizlet?
What is the term for reducing the number of salary grades and ranges into just a few wide levels?
Is a pay system in which employees are paid according to the number of units they produce?

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-Maslow'sHierarchy of Needs:
§ A motivational theory in psychology proposed by Abraham Maslow in his 1943 paper "A Theory of Human Motivation" in Psychological Review. In the form of a five tier pyramid.
-Step 1 Physiological Needs: Includes the need for air , water, food , and sex
-Step 2 Security Needs: Includes the need for safety, order, and freedom from fear or threat
-Step 3 Affiliation Ne hi eds: Belongingness and love (or social need)- It includes the need for love, affection, feelings of belonging, and human contact
-Step 4: Esteem Needs: Includes the need for self-respect, self-esteem, achievement, and respect from others
- Step 5: Self-Actualization -Includes the need to grow, to feel fulfilled, to realize one's potential

- a fundamental, compensable element of a job, such as skills, effort, responsibility, and working conditions
- Examples: knowledge, problem solving, impact, working conditions, supervision needed, supervision given

- limited hours
- limited jobs
* 14-15 year-olds: office, grocery store, retail store, restaurant, movie theater, baseball park, amusement park, or gasoline service stations
- 14-15 year-olds hours limited to: Non-school hours, 3 hours in a school day, 18 hours in a school week, 8 hours on a non-school day, 40 hours on a non-school week, hours between 7 a.m. and 7 p.m. (except June 1 through Labor Day, when evening hours are extended to 9 p.m.)
* 16 and 17 year-olds may perform any non-hazardous job
- 16-17 year-olds hours not limited
- Prior to the passage of the FLSA, many children worked full
- many states have enacted child labor laws. In such cases, the higher minimum standard (the stricter one) must be obeyed

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What's the name for range of pay?

A compensation range is an amount an employer will pay in salary for a specific position. Typically, the salary range has a starting pay and a maximum salary. For example, a position's compensation range could start at $45,000.

What is the definition of a wage quizlet?

Amount of money paid for each hour of work.

What is the term for reducing the number of salary grades and ranges into just a few wide levels?

Broad banding pay - Benefits of Broad banding Broad banding is defined as a strategy for salary structures that consolidate a large number of pay grades into a few "broad bands."In a broadband pay structure, the numbers of salary grades are consolidated into fewer, but broader, pay ranges.