Examlex
HCPCS is a collection of codes that represent the following:
Internal Labor Markets
A labor market within an organization, allowing employees to move between different jobs or levels of responsibility without leaving the employer.
Control Pay Rates
The management or regulation of wages paid to workers, potentially by employers, government policies, or collective bargaining agreements.
Secondary Labor Market
The segment of the labor market characterized by low pay, poor job security, and minimal benefits, often involving part-time or temporary work.
Job Ghettos
Occupations or job sectors predominantly occupied by a particular minority or marginalized group, often characterized by low wages and limited advancement opportunities.
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