Identify the social structure and income levels of the social classes in the United States. In your own words describe why a compensation specialist needs to understand this structure.
Social class in United States is divided mainly through economic factors such as income level, social structure etc. Along with this, educational factors, wealth, and job related factors are associated with socioeconomic status (Thomas, & Gaffield, 2003). There are mainly four social classes in United States that are discussed below:
Lower class: In U.S., around 15-20% people belongs to poor and lower class. Mostly these people are suffered from lack of employment, lack of medical care, adequate housing and food, decent clothing, safety, and vocational training (Gilbert, 2010). In this class, social structure and income level of people is not good.
Labor class: The labor class people are less educated and engage in manual labor with little or no prestige. Unskilled workers in the class are doing jobs as a dishwasher, cashier, maid, and waiter that are underpaid and have no opportunity for career advancement (Korgen, 2010). Skilled workers ...
The solution identifies the social structure and income levels of the social classes in the United States.