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

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

Syndicate discussion, what is the difference between group discussion and s...

what is the difference between group discussion and syndicate discussion

Describe how training and development can be carried out, Question : In...

Question : In time of crisis, many organisations cut down their costs in order to stay in business. One of the costs that some organisations will cut first is their training an

What are the components of total rewards, Mr Donald Alexendar, Managing Dir...

Mr Donald Alexendar, Managing Director of Exclair Plc, a company engaged in the financial services sector employing more than 75 employees, attended an international workshop on

Concept of management by objectives, Question 1: (i) Clearly describe t...

Question 1: (i) Clearly describe the following uses of Performance Management in an organisation (a) as a diagnosis (b) for managing continuous improvement (c) for monit

Define hrm, Question 1 Define HRM. Describe the various issues that mus...

Question 1 Define HRM. Describe the various issues that must be considered while studying about the HRM in the 21st century Question 2 Explain the factors determining c

Explain gantt task and bonus plan, Q. Explain Gantt task and bonus plan? ...

Q. Explain Gantt task and bonus plan? Gantt task and bonus plan: this plan has been devised by the H.L. Gantt and is the only one that pays a bonus percentage multiplied by the

Relationship of employee and employer, Ques. Given the debate on the move ...

Ques. Given the debate on the move towards individualism and away from collectivism since the 1980's, how would you account for the increasing interest in teamwork? Ans .Teaml

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