What Are Comparable Worth Policies

question 19

Multiple Choice

What are comparable worth policies?

• A) Policies that require that individuals with the same job titles within an employment setting are paid the same wage, regardless of gender or race
• B) Policies that require that workers in a given economy with similar credentials who perform jobs with similar difficulty and level of importance and which require similar skill sets be paid similarly.
• C) Policies that employers use to establish initial pay for new employees based on the salaries they earned at their previous jobs
• D) Policies that employers use to determine pay based on whether an employee is the primary breadwinner in their household and how many dependents they have

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Definitions:

Local Property Tax

Local Property Tax is a levy on the value of a property, typically imposed by local government authorities to fund public services.

Payroll Tax

Taxes imposed on employers and employees, typically calculated as a percentage of the salaries that employers pay their staff.

Average Tax Rate

The proportion of total income that is paid in taxes, calculated by dividing the total amount of taxes paid by the total income.

Total Income

The sum of all earnings obtained from any source, including wages, rental income, profits, dividends, and interest.