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

Recuitandselectcandidatestofilldefinedposition, Drawadiagramshowingthefives...

Drawadiagramshowingthefivestepsintheselectionprocesss

RECRUIT AND SELECT, A DIAGRAM SHOWING THE FIVE STEPS IN THE SELECTION PROCE...

A DIAGRAM SHOWING THE FIVE STEPS IN THE SELECTION PROCESS

Career planning, Career Planning Career planning is the procedure by w...

Career Planning Career planning is the procedure by which one chooses career goals and the path to this goal. The main focus of career planning is on assisting the workers att

Changing role of the hr management, Changing role of the HR management: ...

Changing role of the HR management: 1. New organizational forms (teams, boundary less organizations) have come in place of pyramid shaped units. 2. Employees are being empo

Internal organisational interactions, what are the five variables related t...

what are the five variables related to the organisation that add to the complexity of HRM?

Final selection decision, name and explain important aspects tht should adh...

name and explain important aspects tht should adhered before final selection decision

Quantitative data, Quantitative data: Quantitative data is expressed i...

Quantitative data: Quantitative data is expressed in numbers. It comprises measurements of variables which, by statistical analysis, can be organised - totalled, averaged, etc

What is meaning of pre judgement in communication process, What is the mean...

What is the meaning of Pre Judgement in Communication Process? What is understood is often conditioned by what we already know and by our background knowledge and

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