Skip to main content

INCOME DISTRIBUTION

 People do type of work or the other. At the end they get paid some money for the work they have done. The pay is not usually the same for everybody since people do different types of work. This often makes workers to keep demanding for more pay in order that they may be able to buy their basic needs.
   Workers can be grouped according to how they are paid for the work they do. Some people are paid a big amount of money at the end of the month. These are highly skilled workers doing some specialized work in the society. The money they are given is called salary. There is another group that does not receive as much

money. Their pay is measured by the number of hours they work or the amount of work they do. Their pay is called wages.
WHY PEOPLE ARE PAID DIFFERENT AMOUNT OF MONEY.
Level of Qualification:Qualification means gaining a level of knowledge. Those who have high qualification earn more money than those who have low qualification. e.g a professor earn much more than a B.sc holder.
Period of Training :Some jobs take more time to learn than the others. Those jobs that take longer time to learn usually attract more salary than those that take short period. E.g Doctors and nurses. While doctors spend six years to train after Secondary school education, while nurses spend three years.
Amount of work done (piece rate) :The amount of work done determines the amount of money workers are paid e.g if a tailor sew ten clothes a day, he will be paid less than one who produces twenty a day.
Hours of Work :Some people are paid based on the number of hours that they work. Those who work longer hours get higher pay than those who work for shorter hours.
Values of Service:The degree of usefulness of work done helps to decide the amount of money workers are paid. Those whose work is very useful earn more money than those  whose work is less useful e.g In a bank a bank manager earns more than accountant.
HOW WORKERS DEMAND FOR MORE PAY.
When workers watch out for increase in the cost of living as compared to their pay. Then the workers union will write a letter to their employers demanding for higher pay stating their reason for the demand. Workers do ask for increase in their pay they do this when they get higher qualifications, or when they have not been promoted for a long time.

Comments

Popular posts from this blog

Natural soil

 Natural soils are influenced by rainfall and temperature,heavy rain causes the soil to become leached. High temperatures increase the rate of decomposition of organic matter in the soil, thereby lowering its humus content. Thus, climatic conditions tend to produce poor soils in the tropics and rich soils in the temperate regions. Besides climate and vegetation, the parent rock material also contributes to the quality of the soil. For example volcanic rocks tend to produce fertile soils.    Laterite, a red soil which is a product of leaching, is commonly found in the tropics. It is composed mainly of iron and aluminium compounds,and poor in humus and essential plant nutrients, such as phosphorus, nitrogen and potassium. The black and brown soil of the temperate grasslands are the world's richest soils, with a high mineral and humus content. The light coloured desert soils tend to be very rich in minerals but have a low humus content.    Mainly the soils ar...

Rock Formation

A rock may be defined as a hard compact mass made up of cluster of primary or secondary minerals. The primary minerals are those that are as they were made in nature. Some of them are Quartz, Olivine, Pyroxene, Hornblende, Biotite, Muscovite and feldspar. On the other hand, secondary minerals consists of particles worn out from original minerals which have combined with other elements. They exist in form of: (i) Oxide such as those of magnesium, Iron and Aluminum. (ii) Sulphates and carbonates of Iron, Magnesium and Calcium. (iii) Clay minerals such as the silicate clays and the hydrous Oxide.   TYPES OF ROCKS (i) Igneous rock (ii) sedimentary rock (iii) Metamorphic rock. Based on their chemical composition, we have basic and acidic rocks. Granite is a very good example of an acid rock. PROCESSES OF ROCK FORMATION IGNEOUS ROCK :This is formed through the process of cooling and hardening of the molten magma. This molten magna is confined deep down below the earth crust und...

Physical fitness

Physical fitness is the ability to function effectively throughout your workday, perform your usual other activities and still have enough energy left over to handle any extra stresses or emergencies which may arise.      There are 5 Components of Physical Fitness The 5 components of physical fitness are often used in our school systems, health clubs and fitness centers to gauge how good a shape we are truly in. The 5 components that make up total fitness are: Cardiovascular Endurance Muscular Strength Muscular endurance Flexibility Body Composition Total fitness can be defined by how well the body performs in each one of the components of physical fitness as a whole. It is not enough to be able to bench press your body weight. You also need to determine how well you can handle running a mile etc. A closer look at the individual components: Cardiovascular endurance is the ability of the heart and lungs to work together to provide the needed oxygen and fuel t...