two-tier model - meaning and definition. What is two-tier model
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What (who) is two-tier model - definition

Two-tier flexibility; Two-tier labour market

Two-tier healthcare         
  • This graph contrasts total health care spending with public spending, in [[US dollars]] adjusted for [[purchasing power parity]] in [[Switzerland]].
POLITICAL SLOGAN
Two-tiered health care; Two-tiered healthcare; Two tier health care; Two tier healthcare; Two-tier health system; Two-tier health care system; Two-tier health care
Two-tier healthcare is a situation in which a basic government-provided healthcare system provides basic care, and a secondary tier of care exists for those who can pay for additional, better quality or faster access.
Two-tier system         
A two-tier system is a type of payroll system in which one group of workers receives lower wages and/or employee benefits than another.Sherman, Arthur W.
Two-tier tender offer         
A two-tier tender offer is an offer to purchase a sufficient number of stockholders' shares so as to gain effective control of a firm at a certain price per share, followed by a lower offer at a later date for the remaining shares. For example, an investor may offer $50 per share for up to 51% of a firm's outstanding stock and then, having gained control, offer $40 for each of the remaining shares.

Wikipedia

Two-tier system

A two-tier system is a type of payroll system in which one group of workers receives lower wages and/or employee benefits than another.

The two-tier system of wages is usually established for one of three reasons:

  • The employer wishes to better compensate more senior andf ostensibly more experienced and productive workers without increasing overall wage costs.
  • The employer wishes to establish a pay for performance or merit pay wage scheme that compensates more productive employees without increasing overall wage costs.
  • The employer wishes to reduce overall wage costs by hiring new employees at a wage less than the wage of incumbent workers.

A much less common system is the two-tier benefit system, which extends certain benefits to new employees only if they receive a promotion or are hired into the incumbent wage structure.

That can be distinguished from traditional benefit structures, which permit employees to access a benefit, such a retirement pension or sabbatical leave, after they have achieved certain time-in-position levels.

Two-tier systems became more common in most industrialized economies in the late 1980s. They are particularly attractive to companies with high rates of turnover for new hires, such as in retail, or with many high-wage, high-skilled employees about to retire.

Examples of use of two-tier model
1. "It‘s an examination that would be available but one of our challenges would be to work out the extent to which an examination should be for those children who are not capable of another exam and thereby risk creating a two–tier model." The Government‘s annual school census last month painted a picture of changing Britain where one in five schoolchildren is from an ethnic minority – a doubling of the numbers in a decade.