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

Intervention, Organizational Development Intervention Help

Organizational Development Intervention Help

Talent management, explain how labour market mapping could be used in an or...

explain how labour market mapping could be used in an organisation in its quest to have a strong brand as an employer

Human resources management, effective human resources management depends up...

effective human resources management depends upon sound reward system. explain?

Conflict, dysfunctional consequences of conflict

dysfunctional consequences of conflict

Illustrate the architecture of knowledge management, Architecture of knowle...

Architecture of knowledge management The fact that more than 80% of the content on the Web is text has given rise to automated text mining solutions. The Gartner Group, an acti

Caselet 2, required caselet 2 answers in HRM

required caselet 2 answers in HRM

Case study, IIBM Institute of Business Management Caselet 2 The contexts in...

IIBM Institute of Business Management Caselet 2 The contexts in which human resources are managed in today''s organizations are constantly, changing. No longer do firms utilize one

Recruitment and selection, which is the estimate of the time-lapse for the ...

which is the estimate of the time-lapse for the recruitment of middle managers

Describe the human resource planning process, In the summer of 2001, the ai...

In the summer of 2001, the airline industry was facing severe problems due to slumping business travel and vacationer demand. In fact, Northwest Airlines announced draconian cuts i

Compensatory casual leave, Q. Compensatory Casual leave? Railway servan...

Q. Compensatory Casual leave? Railway servants who attend office on Sundays and Holidays are compensated granting Compensatory Casual leave to be availed within a month from th

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