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pay rise offer following ongoing negotiations. The employees are general workers such as train cleaners, engineers, ticket agents, hospitality assistants and conductors, and staff who are part of the engineering grades. We are pleased to have successfully negotiated a significant boost to our members’ take-homepay.”
An associate engineer might advance to an engineer, and then a senior engineer by taking on more responsibility and harder projects, but not direct reports. If your employees have to cover their own healthcare, that cuts into their take-homepay, leaving the door open for other job opportunities.
For many employee-owned businesses, a significant advantage comes from increased take-homepay and better wages overall. Higher Compensation Employee ownership has a longstanding record as a wealth-building engine for workers. Let’s look closer at several of these outcomes: 1.
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