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Unlike transformational leaders, transactional leaders do not positively influence the corporate culture.
Double Pay
Double pay refers to the practice of paying an employee twice their normal wage rate, typically for working on holidays, overtime, or under special conditions.
Net Pay
The amount of money that an employee actually receives after all deductions, such as taxes and retirement contributions, have been subtracted from their gross pay.
Gross Pay
The total amount of salary or wages earned by an employee before any deductions are made for taxes and other withholdings.
Take-Home Pay
The amount of income left after deductions like taxes and social security contributions are subtracted from the gross salary.
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