Examlex
What is the relationship between social class and race, ethnicity, gender, and age in the United States today?
Expectancy Theory
A motivation theory suggesting that individuals are more likely to act in a certain way based on the expectation that the act will be followed by a given outcome and the attractiveness of that outcome.
Pay Systems
Structures within an organization that determine how employees are compensated for their work, including wages, salaries, benefits, and incentives.
Escalator Clauses
Clauses in collective agreements that provide for quarterly cost-of-living adjustments in wages, basing the adjustments on changes in the consumer price index.
Cost of Living Adjustment
An increase in income or salary to counteract inflation, helping maintain employees' purchasing power.
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