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

Human resource management - personnel management, For long time people used...

For long time people used the phrase "personnel management" to describe the strategies to make sure that the human resource is used to achieve the business objectives. It was very

Constructive programme of discipline, Constructive programme of discipline:...

Constructive programme of discipline: Some of the employees, for various reasons, deviate from the expected standards of behaviour. Hence, it becomes essential to have constru

Sound reward system, effective HRM depends upon sound reward system. discus...

effective HRM depends upon sound reward system. discuss

Describe the mechanism of control carried out in project, Question 1: D...

Question 1: Describe the mechanism of control carried out in project Importance of control Importance of mechanisms in place Benefits(Eliminate common causes of v

Performance management, 1. Discuss the issues facing employers as a result ...

1. Discuss the issues facing employers as a result of the developments in flexible contracts. 2. Critically review developments in recruitment and selection. 3. Identify and

Personnel management, organisation structure of personnel management

organisation structure of personnel management

HRM, Assume that you are being employed as a consultant by a company that n...

Assume that you are being employed as a consultant by a company that needs to seek your advice on the alleged issues of pay gaps between the women and male employees in the same po

Induction, main reasons why some companies do not pay sufficient attention ...

main reasons why some companies do not pay sufficient attention to staff induction

Uses of the job description, Uses of the job description: job descript...

Uses of the job description: job description has several uses such as: 1. Preliminary drafts can be used as a basis for the productive group discussion, particularly if the

What are the strategies of knowledge management, What are the Strategies of...

What are the Strategies of knowledge management In the emerging knowledge society, knowledge is being recognised in an increasing measure as a primary source of wealth producti

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