Wages and salary administration, HR Management

Assignment Help:

Q. Wages and salary administration?

Meaning & definition: a wage (or pay) is the remuneration paid, for the services of the labour in the production, periodically to an employee / worker. "Wages" usually refers to the hourly rate paid to such groups as production and maintenance employee (blue colour workers).

According to the Yoder and Henaman, "wages are the compensation of wage earners, the numerous employees who use the tools and equipments for their employers to produce goods and services that are sold by their employers".

According to the P.M. Stochank, "wage is that labour's remuneration which creates the utility".

According to the benham, "wages means the amount paid to the labour for his services to the employer".


Related Discussions:- Wages and salary administration

Labour welfare measures, Discuss Labour Welfare measures used for employees...

Discuss Labour Welfare measures used for employees in an organization with which you are familiar

Describe emersons plan, Q. Describe Emersons plan? A standard time is s...

Q. Describe Emersons plan? A standard time is set for the each job, and the efficiency of each worker is determined by dividing the time taken by standard time. Up to 67 per ce

HR Management, “Effective Human Resources Management depends upon sound rew...

“Effective Human Resources Management depends upon sound reward system”. Comment.

Team member personality, Team member personality significantly affects team...

Team member personality significantly affects team functioning and performance (e.g. Driskell, Hogan & Salas 1987; Hackman 1987). Personality factors of team members are 'character

Discuss the advantages of km in an organisation, Discuss the advantages of ...

Discuss the advantages of KM in an organisation. KM helps an organisation in quicker problem solving, better decision making, reduced R&D costs, increased worker independence,

Can culture influence the accuracy of our perceptions, Problem: (i) Def...

Problem: (i) Define communication? (ii) Why do we see the world differently? Why do differences in perception occur? (iii) Can culture influence the accuracy of our perc

Explain the techniques of data mining, Explain the techniques of Data minin...

Explain the techniques of Data mining Data mining techniques used have to be specific to the domain and also depend on the area of application. Important requirements are that

Balancing Employee Benefits, #queYou have a benefit eligible population of ...

#queYou have a benefit eligible population of 200 employees (all full time) with a gross annual payroll of $11.25 million. Your target benefit cost for all discretionary benefits

Limited of a job description, Limited of a job description: An important l...

Limited of a job description: An important limited of a job description is that it can soon become obsolete since a job tends to be dynamic, they are not static". Guidelines: a

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