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Assignment on Criminal Investigation

   

Added on  2020-05-01

10 Pages1983 Words60 Views
Political Science
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Running head: CRIMINAL INVESTIGATIONMinimum wage determinationName of the student:Name of the university:Author note
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1ASSIGNMENTTable of ContentsIntroduction:...............................................................................................................................2Discussion:.................................................................................................................................2Theories of wages:..................................................................................................................2The function of the unions:.....................................................................................................5Stakeholders approach to reward management......................................................................5Conclusion:................................................................................................................................6Reference:..................................................................................................................................7
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2ASSIGNMENTIntroduction:The Fair Work Act circles the present report with a case study on implementation ofpolicies regarding the wage determination. In this report, an attempt has taken to define theterm Fair Work and the aim of the same regarding the wage determination (James andOmbudsman 2015). It has been observed that certain theoretical approaches adopted tocritically evaluate the minimum wage determination and the role of the Australian Council ofTrade Union and other employers’ organisation in this matter. In Australia, certain policieshave been taken to facilitate the process of wage giving policies and Fair Work Act has beenenacted in the year 2009 to regulate the necessary provision (Regan and Lee 2015). Theworkers who are working in the different factories of Australia has certain basic rights andwage is one of them. It is therefore, important to determine the wage based on the job validityand position. It is important to regularise the waging policies systematically. The theories areverifying this waging system (Power 2017). Discussion:Theories of wages:Theories are propounded to systematically analyse the level of wage. The theories canbe divided into six main parts and all these theories should be analysed critically (Kaufman2016). The theories can be categorised as follows:Subsistence theory of wage;Standard of living theory;Wage fund theory;Residual claimant theory;Marginal productivity theory and
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