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Workers performing on or in connection with covered Federal contracts whose wages are governed by the Fair Labor Standards Act (FLSA), the SCA, or the DBA are generally entitled to receive the Executive Order minimum wage for all time spent performing on or in connection with covered Federal contracts. Efficiency wage contracts Most models of efficiency wages do not include hours of work as a choice variable, and thus rule out the possibility of worksharing as a response to cyclical shocks. Employed workers are assumed to choose their effort, motivated by the threat of dismissal for shirking. Efficiency wage theories. This is an argument that paying a higher wage increases workers morale, loyalty and willingness to work hard. A cut in wages is a psychological blow, which will seriously reduce labour morale and productivity. Therefore, the firm may feel that the cost savings of lower wages will be offset by a fall in productivity.

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which case they are referred to as index-linked, or at a fixed nominal rate like 3 percent. 17. Fixed conversion factors have the effect of converting immediate 

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EUR USD (Euro / US Dollar) The most traded currency pairs in the world are called “the Majors” and the EURUSD leads this group as the most traded pair in the world. This pair represents the world two largest economies and has faced most volatility since the inception of the euro in 1999.

Org Charts in Microsoft Office ® Using Microsoft Office ® programs such as Word ®, Excel ® and PowerPoint ® is a common practice for many people. So when it comes time to work with an organizational chart, it's natural to turn to these familiar tools. This article deals with ways to work with org charts using the Microsoft Office ® suite.

When a business decides it wants to take on outside funding, it has two primary options: issue stocks or take on long-term debt. As with most things business-related, there are advantages and disadvantages to each option. A company must assess the long term debt advantages and disadvantages of each.

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Browse through the earnings calendar and get U.S. companies' scheduled earnings announcements. Skip to content Before it's here, it's on the Bloomberg Terminal. The price-to-earnings ratio, or P/E, is arguably the most popular method for valuing a company's stock. The ratio is so popular because it's simple, it's effective, and, tautologically, because

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Canada’s Husky Energy is the latest North American oil firm to slash spending amid collapsing oil prices, saying that it is reducing its capital budget by US$648 million (C$900… Oil’s latest price moves and today’s key news stories driving crude’s action, as well as developments in the broader energy sector.