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The Upper Class Represents Just 1 Percent of the U

question 63

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The upper class represents just 1 percent of the U.S. population, but it has more wealth than the entire bottom 90 percent.


Definitions:

Compensable Factors

Aspects of a job that are used to determine its worth for the purpose of setting compensation, such as skills required, responsibilities, and working conditions.

Skill Category

A classification based on types of competencies and knowledge required by jobs, such as technical, analytical, or interpersonal skills.

Pay Equity

The principle that individuals should receive equal pay for work of equal value, aimed at eliminating wage disparities based on gender, race, or other non-job-related factors.

Bargaining Unit

A group of employees with a clear and identifiable community of interests who are represented by a single labor union in collective bargaining.

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