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Under the agreement, which could represent a watershed moment in pay equity disputes across sports, current and former players involved in the case will receive a total $22 million in back pay .

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The annual merit increase program should keep sellers’ total compensation aligned with labor market levels and reward exceptional performance, sales collaboration and growth in professional competencies.

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For retailers, labor cost generally accounts for 10% to 20% of total sales and sometimes even more than 50% of total operational cost (Madhani 2021c).