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Very few employees check their pay stubs, yet understanding the information on the stub is important for personal finance management, said Sean Fox, president of debt resolutions at Achieve.
A realistic job preview can include concepts of the job that inform the future employee about things like goals, objectives and salary as well as being informative on the information and expectations of what that future employee is unlikely to know. Examples of this could include, but are not limited to, what is done during this job and why.
Reservation Wage Example. In labor economics, the reservation wage is the lowest wage rate at which a worker would be willing to accept a particular type of job. This wage is a theoretical representation of the hourly rate at which an individual values their own leisure time.
Leave and Earnings Statement. Example of an LES. A Leave and Earnings Statement, generally referred to as an LES, is a document given on a monthly basis to members of the United States military which documents their pay and leave status on a monthly basis.
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