efficiency pay

  • 1Pay for performance (healthcare) — Pay for performance is an emerging movement in health insurance (initially in Britain and United States). Providers under this arrangement are rewarded for meeting pre established targets for delivery of healthcare services. This is a fundamental …

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  • 2Efficiency wages — In labor economics, the efficiency wage hypothesis argues that wages, at least in some markets, are determined by more than simply supply and demand. Specifically, it points to the incentive for managers to pay their employees more than the… …

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  • 3pay — ▪ I. pay pay 1 [peɪ] noun [uncountable] the money someone receives for the job they do: • She got the job, but it meant a big pay cut. • an increase in hourly pay • All I want is a full day s work for a full day s pay …

    Financial and business terms

  • 4pay — [[t]pe͟ɪ[/t]] ♦ pays, paying, paid 1) VERB When you pay an amount of money to someone, you give it to them because you are buying something from them or because you owe it to them. When you pay something such as a bill or a debt, you pay the… …

    English dictionary

  • 5Let Wall Street Pay for the Restoration of Main Street Bill — For the more general category of financial transaction taxes , see Financial transaction tax. The proposed bill Let Wall Street Pay for the Restoration of Main Street Bill is officially contained in the United States House of Representatives bill …

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  • 6Thermal efficiency — In thermodynamics, the thermal efficiency (eta {th} ,) is a dimensionless performance measure of a thermal device such as an internal combustion engine, a boiler, or a furnace, for example. The input, Q {in} ,, to the device is heat, or the heat… …

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  • 7tax efficiency — tax efficient ˌtax efˈficient adjective TAX a tax efficient way of doing something makes it possible for you to pay less tax: • It would be more tax efficient to register the holding company in the U.S., rather than in Europe. • A pension is a… …

    Financial and business terms

  • 8Kaldor-Hicks efficiency — (named for Nicholas Kaldor and John Hicks) is a measure of economic efficiency that captures some of the intuitive appeal of Pareto efficiency, but has less stringent criteria and is hence applicable to more circumstances. Under Kaldor Hicks… …

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  • 9Equal Pay Act of 1963 — The Equal Pay Act of 1963, Pub. L. No. 88 38, 77 Stat. 56, (June 10, 1963) codified at usc|29|206(d), is a United States federal law amending the Fair Labor Standards Act, aimed at abolishing wage differentials based on sex. In passing the bill,… …

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  • 10Constrained Pareto efficiency — The condition of Constrained Pareto optimality is a weaker version of the standard condition of Pareto Optimality employed in Economics which accounts for the fact that a potential planner (i.e. the government) may not be able to improve upon a… …

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