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

#title.hrm, #quesgtion. growth of hrm

#quesgtion. growth of hrm

Explain critically how human resource information system, ‘The knowledge in...

‘The knowledge intensifying process of the economy and the correlated rise of organizational network, with the greater dependency on qualified and committed employees, identify the

Where else are you applying for a job, Where else are you applying for a jo...

Where else are you applying for a job It is okay to admit to interviewing at other firms, but do not say where.If pressed, politely decline to say.While it is alright to convey

Focus groups, Focus groups: The focus group is a particular type of gr...

Focus groups: The focus group is a particular type of group interview, with a small number of participants (usually between five and ten people) brought together to discuss a

Effective sound reward system, effective human resource management depends ...

effective human resource management depends upon sound reward system

Continuing professional development, Present your CPD plan to a seminar gro...

Present your CPD plan to a seminar group. Discuss and reflect on your CPD experiences and future planning. Clearly identify the feedback provided by your Critical Friend and any mo

Explain about knowledge society environment, Explain about knowledge societ...

Explain about knowledge society environment In a knowledge society environment, application of the emerging ICTs is perceived as an instrument that can contribute to the enhanc

What is knowledge, What is knowledge Knowledge is information integrate...

What is knowledge Knowledge is information integrated with experiences, reflected upon and interpreted in a particular context. Knowledge is a renewable, re-usable and an accum

Filing systems, FILING SYSTEMS : Any laboratory accumulates a vast amount ...

FILING SYSTEMS : Any laboratory accumulates a vast amount of material that has to be arranged in such a way that any particular item can be found readily and easily. The need for

Explain the motivation theories, Question 1: You have been asked to est...

Question 1: You have been asked to establish and lead a small team whose members are to be drawn from a number of different organisations and locations. The team?s goal is to d

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