salaried professionals

Examples of salaried professionals in the following topics:

• The Middle Class

  • However, the following factors are often ascribed in modern usage to someone in the middle class: having a college education; holding professional qualifications, including academics, lawyers, engineers, and doctors; a belief in bourgeoisvalues, such as high rates of home ownership and secure jobs; a particular lifestyle; and the identification culturally with mainstream popular culture (particularly in the United States).
  • Within the United States, the broader middle class is often described as divided into the upper-middle class (also called the "professional class") and the lower-middle class.
  • The upper-middle class consists mostly of white-collar professionals, most of whom are highly educated, salaried professionals whose work is largely self-directed and typically involves conceptualizing, creating, consulting, and supervising.

• The Upper Middle Class

  • The upper-middle class refers to people within the middle class that have high educational attainment, high salaries, and high status jobs.
  • According to his definition, the middle class consists of an upper-middle class, made up of professionals distinguished by exceptionally high educational attainment and high economic security; and a lower-middle class, consisting of semi-professionals.
  • There is some debate over what exactly the term "upper-middle class" means, but in academic models, the term generally applies to highly educated, salaried professionals whose work is largely self-directed.
  • The U.S. upper-middle class consists mostly of white-collar professionals who have a high degree of autonomy in their work.
  • Many members of the upper-middle class have graduate degrees, such as law, business, or medical degrees, which are often required for professional occupations.

• Financial Rewards for Managers

  • A sales role often features a contractual agreement that stipulates a certain percentage of a given representative's sales contribute to that sales rep's own salary.
  • This motivates sales professionals to pursue higher success rates, as their own income will directly correlate with their efficacy.
  • Managerial roles can function similarly to these pay-for-performance jobs, where the success of the company (or department) will directly affect the salary of the manager.
  • CEO pay growth compared to employee salaries, U.S. gross domestic product, and overall U.S. corporate profits
  • CEOs, as primary examples of upper managerial salary, receive high salaries in comparison to other gross income indicators.

• Employee Pay Decisions

  • Pay decisions refer to the methods used by human resources and payroll professionals to choose the pay scales of employees.
  • Techniques that assist payroll professionals in making their pay decisions include:
  • External measures such as benchmarking (salary surveys) and ongoing reporting that constitute a market survey approach.
  • Within the benchmarking process, the job category and range of pay rates within it are important to the payroll professional.
  • The use of salary surveys demands credible survey sources with multiple participating organizations.

• Employee Promotions

  • A promotion is the advancement of an employee's rank, salary, duties, and/or designation within an organization.
  • A promotion is the advancement of an employee's rank, salary, duties and/or designation within an organization.
  • A promotion can (and often does) mean an increase in salary.
  • In the private sector, promotion can include substantial salary increases, benefit increases, stock options, and various "perks," such as a bigger office or executive parking.
  • It is critical for human resources professionals to understand and describe why a given promotion is occurring, justifying it both quantitatively and qualitatively.

• The Importance of Paid and Unpaid Work

  • Workers may be paid in a variety of ways, most commonly hourly wages or salaries.
  • An hourly worker is an employee paid an hourly wage for their services, as opposed to a fixed salary.
  • A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract.
  • An internship is a system of on-the-job training for white-collar and professional careers.
  • Internships for professional careers are similar to apprenticeships for trade and vocational jobs.

• Standard Benefits

  • Human resource requisites regarding employee compensation include a wide variety of common benefits beyond salary.
  • Compensation incorporates more than just salary, and benefits are a key legal, motivational, and organizational consideration when it comes to employee relations.
  • Human resource professionals must familiarize themselves with the organizational offerings revolving around:
  • Dependent care - Just as noted above regarding health insurance, many working professionals have individuals who are dependent upon them (spouses and children primarily).
  • List the various standard benefits human resource professionals must take into account when compensating employees

• Occupation

  • Occupations that are frequently held by members of the upper class tend to be well-compensated and require higher education: lawyers frequently make six-figure salaries and must hold JDs, for example.
  • The upper-middle class is sometimes referred to as the "professional class," pointing to the dominance of highly compensated, highly educated professionals in this social tier.
  • Occupations that are frequently held by members of the upper class tend to be well-compensated and require higher education: lawyers frequently make six-figure salaries and must hold JDs, for example.
  • To enter the professions, a person usually must hold a professional degree.
  • Examples of professional degrees include JDs for law, MDs for medicine, and MBAs for business.

• The Lower Middle Class

  • The lower-middle class are those with some education and comfortable salaries, but with socioeconomic statuses below the upper-middle class.
  • Individuals in the lower-middle class tend to hold low status professional or white collar jobs, such as school teacher, nurse, or paralegal.
  • Lower-middle class occupations usually provide comfortable salaries, but put individuals beneath the top third of incomes.

• Activities in the Human Resources Department

  • Human resources (HR) professionals conduct a wide variety of tasks within an organizational structure.
  • A brief review of the core functions of human resource departments will be useful in framing the more common activities a human resource professional will conduct.
  • Salary and benefits are also within the scope of human resource management.