What price geography in pay distribution?
Article Abstract:
The variations in the British economy from region to region have raised arguments in Parliament for the adaption of regional pay variations. This issue has been aggravated by the explosion in wages in the prosperous South East. The rise in wages in London and surrounding areas was brought on by a shortage of professional labor and drastic increases in housing costs, which discourage immigration from other regions. As one company increases the area allowances for London, the other companies are forced to do the same, or risk loosing valuable workers. The regional pay idea has been criticized because it does not account for intraregional differences and self-regulation of wages by market forces. Companies are reacting by either: sharing in the equity of employees' new homes, diversifying out of manufacturing, or moving to other regions of Britain.
Publication Name: Personnel Management
Subject: Human resources and labor relations
ISSN: 0031-5761
Year: 1988
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The value-added approach to sharing company wealth
Article Abstract:
Perkin-Elmer Ltd, a subsidiary of the US scientific instrument manufacturer, uses the value-added method of employee bonus payments. The principle is that the difference between the costs and revenues of a company's operation will be divided on a percentage basis among all workers. This can be calculated in a relatively straightforward way and remain constant over time, unless any of the variables are accidentally or willfully altered. For example, the value-added percentage may be deliberately changed by selling more products, reducing prices, reducing costs, or improving productivity. A vital link in the value-added method is good communications. Perkin has an elaborate employee communications council system that begins on the shop floor.
Publication Name: Personnel Management
Subject: Human resources and labor relations
ISSN: 0031-5761
Year: 1987
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Harrogate's moderate climate reaches into the boardrooms
Article Abstract:
Total defeat for a proposal seeking greater labor law, a plan for the government to save SERPS, and calls for new action by members on worker activity, youth training, and unemployment made the ninth yearly convention of the Confederation of British Industry very newsworthy. Wage increases which are not based on merit are not supported. The Change to Succeed theme of the conference relates to the concept that wage increase must await increases in productivity before their acceptance.
Publication Name: Personnel Management
Subject: Human resources and labor relations
ISSN: 0031-5761
Year: 1986
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