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  2. Flat rate - Wikipedia

    en.wikipedia.org/wiki/Flat_rate

    A "flat rate" (more accurately known as fixed rate) for electricity is a fixed price per unit , not a fixed price per month, and thus different from that for other services. An electric utility that charges a flat rate for electricity does not charge different rates based upon the demand that the customer places on the system.

  3. Piece work - Wikipedia

    en.wikipedia.org/wiki/Piece_work

    The fair rate is the amount that allows an average worker to be paid the minimum wage per hour if they work at an average rate. This must be calculated in a set way, a control trial is run to determine the average items produced by equivalent workers, this is divided by 1.2 to reach the agreed average figure, and the fair rate is set to ensure ...

  4. Prevailing wage - Wikipedia

    en.wikipedia.org/wiki/Prevailing_wage

    Federal rates are calculated based on regulations established by the US Department of Labor.According to Code of Federal Regulations, "The prevailing wage shall be the wage paid to the majority (more than 50 percent) of the laborers or mechanics in the classification on similar projects in the area during the period in question.

  5. Salaried vs. Hourly: Why It Matters How You’re Paid - AOL

    www.aol.com/salaried-vs-hourly-why-matters...

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  6. Aircraft maintenance - Wikipedia

    en.wikipedia.org/wiki/Aircraft_maintenance

    An Airbus A321 from Iberia having its CFM56 changed. Aircraft maintenance is the performance of tasks required to ensure the continuing airworthiness of an aircraft or aircraft part, including overhaul, inspection, replacement, defect rectification, and the embodiment of modifications, compliance with airworthiness directives and repair.

  7. Tax Brackets vs. Flat Tax Structure: Pros and Cons - AOL

    www.aol.com/finance/tax-brackets-vs-flat-tax...

    As the name suggests, under a flat tax system, everyone pays the same rate on all of their income. For example, under a 24% flat tax system, all Americans will pay 24% on all of their income, no ...

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