Diffrence between wages vs salary, HR Management

Assignment Help:

Q. Diffrence between Wages Vs salary?

Wages is compensation to the employees for services rendered to the organization. In case the quantum of services rendered is difficult to measures, then the payment is called salary. Normally the wages period is shorter than the salary period. Payment made to the labour is generally referred as wages. Money paid periodically to persons whose output cannot be easily measured such as clerical staff as well as supervisory staff, is generally referred to as salaries. Salaries are paid uniformly generally on monthly basis and at times the element of intensive is introduced in the form of commission. Incentives are paid to salaried persons in addition to their salaries. However, it is in the area of the labour that there are several types of methods of the wage payment.


Related Discussions:- Diffrence between wages vs salary

Interpersonal communication skills, Problem (a) Interpersonal communicatio...

Problem (a) Interpersonal communication skills contribute to communication effectiveness. Explain the term interpersonal skills and describe how offering criticisms in a construct

Prepare a monthly cash budget, Niko Ltd specialises in the importation and ...

Niko Ltd specialises in the importation and sale of equipment for children's indoor play centres. The company was set up two years ago by its joint shareholders, Mr and Mrs Nikosta

Organizational objectives and planning, Q. Organizational objectives and pl...

Q. Organizational objectives and planning HR plans need to be based on organizational objectives. In practise, this implies that the objectives of the HR plan must be derived f

Describe the entire process of human resource planning, Question: (a) ...

Question: (a) "Current pressures to control labour costs and protect tighter profit margins demands an increasing rather than decreasing emphasis on human resource planning"

What is managerial leadership, What is Managerial Leadership? Manager...

What is Managerial Leadership? Managerial Leadership: Effective managing needs leadership. This is seldom possible to separate the behavioural functions of manager-ship a

Process of human resource planning, Question: (a) "Current pressures t...

Question: (a) "Current pressures to control labour costs and protect tighter profit margins demands an increasing rather than decreasing emphasis on human resource planning"

Define the collaboration dimension, Define the The Collaboration dimension ...

Define the The Collaboration dimension The Collaboration dimension's goal is to achieve "value recommendations" identified by experts and trust advisers, community building ac

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd