Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

13 - Assignment Example

Comments (0) Cite this document
This differs among employees according to the level of skills, academic, and willingness to carry out duties among other factors. Wage structure could also include the different…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.2% of users find it useful
Assignment 13
Read TextPreview

Extract of sample "13"

Wage structure Wage structure Wage structure is the order and hierarchy that associates employees with their jobs and payranges. This differs among employees according to the level of skills, academic, and willingness to carry out duties among other factors. Wage structure could also include the different patterns at a workplace that reflects what the employees earn including bonuses and overtime (Smith and Dickey, 1993). Any organization has of its own wage structure; although, they have a common overall laws that that guide their constitution and implementation. Wages and profits are different in employment of labor where in some organizations, workers have the freedom to choose what they want to do while in others, duties are assigned to employees.
However, many inequalities that arise from the nature of the employment, as identified by, Adam Smith need to be addressed to create harmony in the work place. These principal counter balances in some employment while in others, it is a gain. The first principal, the wages of labour vary with the hardship, the cleanliness, the honorableness of the employment. Those who carry out heavy duties earn more that those who undertake light duties. Additionally, dirtier work tends to fetch more wages than the clean ones and exposure to unsafe or dangerous environment (Smith and Dickey, 1993). The employees in dishonorable employment may take home more wages than those in the honorable employment because it takes patience and courage to carry out the duties; however, this is not always the case in all employment. This also applies in the profits of stock the bigger the stock the more the profit it earns.
Secondly, the wages of labour vary with the easiness and cheapness, or the difficulty and expense of learning the business. If an employment requires a skilled person who have taken enough time to learn about it and used expensive resources, the level of wages must be high. This is because time consumed in training is great and not just anyone who can perform the duties especially the specialized ones be it technical or technological. Skilled labour fetches more wages and as one upgrade the position is left vacant for another to join and learn as the latter continues with his/her training under the master just like it is in Europe (Smith and Dickey). Easiness and cheapness hardly affect the stock of profit because for any business to do well, a lot of effort must be employed.
Thirdly, the wages of labour in different occupations vary with the constancy or inconstancy of employment. Employment varies from one trade to the other where some are more constant than others. Some employments are almost guaranteed than others. When the weather changes like raining a mason might not be able to carry out his/her work in a proper manner while those in food production are almost assured of a job because people must eat. When an employment is constant, it makes a good deal of income than when its not. Constancy and inconstancy of an employment affects the profit of stock because it is dependent on the trader not the trade itself (Smith and Dickey, 1993).
Fourthly, wages of labour vary according to the small or great trust to be reposed in the workers. Those who work in esteemed organizations and positions earn greater wages than organizations with low esteem since the esteem organizations seek highly trained individuals than the other type of organization. Similar to those in expensive business of jewels including diamond and gold must trust their employees and pay them well so that they are not tempted to steal. Therefore, for a trade to flourish a trader must import labor of trusted people; however, trust does not affect the stock of profit.
The wages of labour in different employments vary according to the probability or improbability of success. This is not always the case because in some profession the probability of learning them is guaranteed. However, those who complete their courses successfully earn more wages because it pays for the skills and time taken to learn them. Profit of stocks in such employment depends mostly on the certainity and uncertainity of returns because of the risks involved (Smith and Dickey 1993). In other words, those who successfully complete their courses and duties usually get the real deal for the endurance.
In conclusion, all the above circumstances that affect the rates of paid labour depend on the form of employment that varies from one employer and employment to the other and this brings about the counter balance or small gains in others.
With skilled labor, the wages are high even with high demand and supply. As long as one is skilled, he/she will always get good wages. The market equilibrium is attained at the center and it is on an increasing rate. Wages for the unskilled keep on decreasing irrespective of the market demand and supply; thus, their poor pay.
Smith, A. & Dickey, L. (1993). An inquiry into the nature and causes of the wealth of nations. Indianapolis: Hackett Pub. Co. Read More
Cite this document
  • APA
  • MLA
(“Assignment 13 Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from
(Assignment 13 Example | Topics and Well Written Essays - 500 Words)
“Assignment 13 Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


Proposition 13

...Proposition 13 Historical Perspective In 1978 California passed Proposition 13 with nearly 2/3 of the voters electing to change the way California calculates and collects property tax. Escalating property tax in California had become a sore point with the voters, and Prop 13 stabilized tax rates and put a limit of a 2% increase on yearly reevaluation. Proposition 13 also mandated that a two-thirds majority of the legislature would be needed to raise local tax rates and also required a 2/3 vote of the people to approve any rate hikes. The state of California immediately lost 57% of its property tax revenue amounting to $6 billion dollars (Fox). Proposition...
4 Pages(1000 words)Essay

Apollo 13

...Apollo 13: A Critical Review (Fill in with your information etc Apollo 13: A Critical Review There are many different forms of organizational theories and concepts which can be observed in film. There are specific motivational and managerial theories which can be applied here as well. The 'systems approach' to the management of projects was one that hailed directly from the application of scientific methods to management. In the movie Apollo 13, there are significant examples of all of these, and in order to come to a clearer and more knowledgeable understanding on these, the following questions must be addressed: 1. What is strategic management 2. What is project management 3. What are...
6 Pages(1500 words)Essay

Journal 13

...This week, we’ve been studying shapes and the color purple. I decided to write about the day that my 4 year old went on a nature walk to look for shapes, and then went on a ‘magazine walk’ to make shape posters. During morning recess, the children looked for shapes outside. When we got back inside, we discussed the shapes that we saw. Then, during art, the children looked through magazines and cut out shapes that were rectangles, circles, or triangles. The children then sorted the shapes onto the rectangle, triangle, or circle poster and we glued the shapes on. I chose this activity to write about because it shows standard 4c: Using a broad repertoire of developmentally appropriate teaching/learning approaches. When we went... week, we’ve...
1 Pages(250 words)Essay

Discussion 13

...Charles Darwin gave the theory of natural selection which highlighted the fact that evolutionary modifications are responsible for the persistence ofvariation in each generation. Darwin observed that a large number of offspring are produced than necessary, ideally, this must increase the size of the population, nevertheless, the population did not stay the same, due to limited resources, food availability, place to live, mate and reproduce, thereby indicating that organisms compete due to limited resources. Some organisms have certain variations which provide them survival boost, enabling them to have better opportunities to survive, mate and provide larger number of offspring. Inheritance of variation (that made the previous... Darwin gave...
1 Pages(250 words)Essay


...(Norbert, 89). The 17th Century European thinking was the backbone of the current discoveries especially in the field of medicine. Online assignment #13 HALF OF A YELLOW SUN BY CHIMAMANDA NGOZI ADICHIE  With effortless grace, Chimamanda Ngozi Adichie sheds light on a seminal moment in modern African history. Following the secession of the Igbo people (in 1967) to form the independent nation Biafra, the resultant effect was a bloody, crippling 3 year civil war. Adichie captured this period in African history with a lot of honesty and vigor in the movie Half of a Yellow Sun. She tells her insightful story basically through the eyes and lives of Ugwu, a 13 year old peasant houseboy who...
5 Pages(1250 words)Essay

Assignment 13

...Assignment 13 1Define the concept of administrative supervision based on the case studies. Based on the case studies within our textbook, administrative supervision mainly refers to the oversight of the staff performance, leadership as well as personnel management tasks. The tasks involved under this context include establishing a mission and a vision for an organization in a forward thinking and ethical manner. This implies that administrative supervision requires skills that are thoroughly based on specific laws, policies and ethics. With regards to the case study, the administration of the district schools was keen enough to ensure that the overall performance of the teachers and other staff in the schools were based on the set... ...
2 Pages(500 words)Essay

Tutorial 13

...ial 13 The inherent reading had no significant difference but I learnt many concepts relating o language use, academic writing, formality, and poverty issues. Among the most confusing words included poverty and informal language usage. However, subsequent effective understanding of learnt sessions enabled me realize success of assignment completion. Moreover, the tutorial content as explored in the paper remained reflective of the society and positively influenced my life. It is vital to note that tutorial 13 lessons remained authoritative in determining my academic and social life competence. During the informal language lesson, I learnt that it is not appropriate to term language...
1 Pages(250 words)Coursework

Disc 13

... Religion and Discrimination against Women According to this article, the explains the roles and position of women in context of different religions. As a matter of fact, there is no evidence to likely suggest whether the author is overly optimistic about the status of women in religion or not. She simply explains in detail how different religions treat and value their women according to what they believe in. (Levine paragraph1). I agree with her claims. Religion is not the problem but some people who try to justify their actions and use religion as means to achieve their selfish goals which have nothing to do with it. This results to; blaming religion rather than learning about it, not knowing our own religious traditions... Religion and...
1 Pages(250 words)Essay

Assignment chapter 13 the world (Zimmermann). Around 84 percent of the population say that they are Hindu, followed by 13% of Muslims, 2.3% Christians, and 1.9% Sikhs (“India”). Guests should respect all religious figures and symbols by not touching them with their hands or feet (“India – Language”). Guests must also not disrespect cows that are sacred animals for Hindus. CLASS STRUCTURE India has already abolished the caste system because it spreads social inequality, but it continues to exist. Caste has strong cultural and religious roots in Brahmanism and Hinduism (Roy 207). The British administration reinforced the caste because it was easier to exploit for their capitalist intentions (Roy 207). The caste has four groups or varnas:...
6 Pages(1500 words)Assignment

Lesson 13 discussion and assignment

...Lesson Influential artists Harry and Albert Von Tilzer 2. Enrico Caruso 3. Irving Berlin Popular Album or songs The Stars and Stripes Forever 2. After the Ball 3. The Maple Leaf Rag New Music Technologies Phonographs manufactured by Thomas Edison for the consumer market in 1896 Historical Events 1. Congress Amended Copyright Act to extend performance rights to published music in 1897 2. Congress revised the Act to include the concept of mechanical rights and helps a copyright holder to collect royalty payments when a recording of his or her work is done in 1909. Lesson 2: Influential Artists Bessie Smith Blind Lemon Jefferson Robert Johnson Albums/Songs 1. Hell-hound on My Trail 2. Downhearted Blues 3. Choo Choo Ch’Boogle Music... Influential ...
2 Pages(500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Assignment 13 for FREE!

Contact Us