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

Selection proces, how the selection process to be lined up in order to sele...

how the selection process to be lined up in order to select the most competent candidates

Technicians file -special files, Technician's File : Technician file is fo...

Technician's File : Technician file is for you to keep any information that might be of use to you or your successor in the future. The form that it takes is a matter of personal

Need of system wide changes, Q. Need of system wide changes? Human reso...

Q. Need of system wide changes? Human resource development is needed to bring about system wide changes: whereas traditional Human resource development methods (such as trainin

Show fringe benefits, Q. Show Fringe benefits? Meaning & definition: Fr...

Q. Show Fringe benefits? Meaning & definition: Fringe benefits refer to various extra benefits provided to employees in addition to a compensation paid in the form of wage / sa

Selection proces, what do you understand by the term ''selection''.explain ...

what do you understand by the term ''selection''.explain the step involved in selection process

What is job instruction training, Q. What is Job instruction training? ...

Q. What is Job instruction training? Job instruction training (JIT): this method is also known as training through step by step learning as it involves all necessary step in

Leadership and performance, Q. Leadership and performance? In the last ...

Q. Leadership and performance? In the last few decades much attention has been given to theories of leadership in the organizations. Leadership is considered to have a major in

Show ratio trend analysis, Q. Show Ratio trend analysis? Different rati...

Q. Show Ratio trend analysis? Different ratio like total output number of workers, total sales volume or the number of sales persons, direct analysis of the workers / indirect

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