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

Implications of hofstedes study for personnel practices, Question 1: (i...

Question 1: (i) Why is it necessary for international human resource managers to understand the significance of cultural diversity in an international business context? (ii)

Human resource planning and staffing, Human Resource Planning is an importa...

Human Resource Planning is an important component of Staffing. It enables organisations to ensure that they have the human resources (employees) required for current and future req

Describe the stages when conducting the interview, Question: (a) Inter...

Question: (a) Interviewing is a face-to-face conversation in which at least one party has a specific, serious purpose. As such it is perhaps the most common form of planned co

Human resources activities, what are role,task and activities of human reso...

what are role,task and activities of human resources in dutch lady company

What is job rotation, Q. What is Job rotation? Job rotation: this impli...

Q. What is Job rotation? Job rotation: this implies movement of employees from job to job. Jobs remain unchanged but incumbents shift. With job rotation, a given employees perf

Arguments in favour of workers participation, Arguments in favour of worker...

Arguments in favour of workers participation: the importance of the scheme of participation can be seen from the following: Mutual understanding: in capitalist countries work

Case discussion methods, Q. Case discussion methods? Case discussion me...

Q. Case discussion methods? Case discussion methods: under this method a real or hypothetical business problem or situation demanding solution is presented to the group and mem

Show suitability of time wage system, Q. Show Suitability of time wage syst...

Q. Show Suitability of time wage system? Suitability of time wage system 1 where supervision is close as in small concerns. 2 where quality is more important than quantit

Features of the discipline, Features of the discipline: 1. Discipline c...

Features of the discipline: 1. Discipline connects a state of order in an organization. 2. In means compliance with the accepted order to proper appreciation of the hierarch

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