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MTA employees also suffered due to the budget issues. By mid-July 2010, MTA layoffs had reached over 1,000, and many of those affected were low-level employees who made less than $55,000 annually. [143] As of 2015, the MTA was running a $15 billion deficit in its $32 billion 2015–2019 Capital Plan. [144]
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Therefore, various pay scales are established in accordance with the nature of the job, taking into account the competitive environment. Each type of pay scale may differ in the amount paid to each official, as well as in the perks and privileges provided.
The corporation is effectively a government monopoly on workers' compensation in Puerto Rico as private insurance companies are not allowed to offer workmen's comp while all employers are required by law to insure their employees with the Corporation rates and premiums. [citation needed] [1]
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Payroll. Handling payroll typically involves sending out payslips to employees. A payroll is a list of employees of a company who are entitled to receive compensation as well as other work benefits, as well as the amounts that each should obtain. [1] Along with the amounts that each employee should receive for time worked or tasks performed ...