The contracts will give GPs a fixed salary and will give them more flexibility in how they work.
He had to work 40 hours a week and was paid a fixed salary, even if there was no withholding!
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You begin to accept that, for better or worse, the old rules and rewards system is falling apart and the simple equation of exchanging your time and skills for a fixed salary and defined benefits over a 30-year period no longer adds up.
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Under 5% of the US wage earners make the minimum wage or less, which means that since wage earners only represent a bit over half the total work force (the rest are paid a fixed salary), those who earn the minimum wage make up less than 3% of the total work force.
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The banks were told then to introduce a ratio between fixed salary and bonus elements.
The European Union last week moved to impose a strict limit on bank executives' bonuses that forbids bonuses from exceeding a banker's fixed salary without shareholder approval.
Around 800 pilots are demanding fixed salary and a probe into alleged mismanagement, among other things.
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More importantly, players will be willing to continue setting the salary cap as a fixed percentage of revenue.
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Final salary schemes, which guarantee a pension equivalent to a fixed proportion of workers' final wages, provide a more generous retirement income than defined contribution schemes, which are tied to stock market performance.
But potential recruits saw the salary figures as a starting point, and bargained for pay beyond the fixed limits.
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