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

Main factors affecting human resource planning, Question 1: Human resou...

Question 1: Human resource planning (HRP) has been defined by the Institute of Personnel and Development as: "The systematic and continuing process of analyzing an organizat

Enhance the group decision-making process, Question 1: "Group Decision ...

Question 1: "Group Decision Support System (GDSS) is also known as an Electronic Meeting System (EMS) and is one type of Decision Support System (DSS) which can be used for gr

What are the limitations of performance appraisal, "In this era of global c...

"In this era of global competition, many organizations have to improve their performance in order to stay in the world of business. Thus, they have decided to introduce Perform

Business issues in hrm, As members of the senior management team, you have ...

As members of the senior management team, you have the following tasks: 1. Identify five business issues or concerns and then generate the Human Resources issues that come

Training design, sample training design on Values and ethics in Human Resou...

sample training design on Values and ethics in Human Resource Management

Egoism, Egoism: The best long-term interest for the moral actor (The p...

Egoism: The best long-term interest for the moral actor (The person/organisation making the decision or taking an action) Egoism is a Consequentialist theory so positive an

Design and conduct a training programme, Problem 1 Discuss the core c...

Problem 1 Discuss the core concepts of learning that facilitate training and development. Problem 2 Systematic analysis of training needs is a prerequisite to designi

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