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labour cost (J2)<br />All the costs of employing a person. In addition to wages or salaries, FRINGE BENEFITS and group facilities are often financed by an employer. In countries such as the USA where COLLECTIVE BARGAINING covers a wide range of issues, total labour costs can be considerably greater than the total wage and salary bilL
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follow the narrow New York rule of having a single market-maker per stock. In 1987, there were forty in London, a much larger number than thought necessary.<br /><em>See also:</em> jobber; primary dealer
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<strong>MODEL Direct</strong> – A web loan delivery product offered by the MDHE and developed by ASA, the MDHE' s servicer. MODEL Direct allows schools and lenders to inquire on loans or borrowers, submit change transactions, manage files, and guarantee new loans within a real-time environment. See
http://www.dhe.mo.gov/model.shtml for more information.
comparable worth (J3)<br />The relative value of a worker's labour based on productivity rather than personal characteristics. A principle adopted in Australia in 1972 and introduced in three Cloth Wine 100 men 120 men 90 men 80 men uniform steps by June 1975 to counter ######UAL DISCRIMINATION.<br /><em>See also:</em> Equal Pay Acts 1963 and 1970 <br /><em>Reference</em><br />McGavin, PA. (1983) 'Equal pay for women: a reassessment of the Australian experience', Australian Economic Papers 22: 48- 59.
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