Wages

WAGES AND SALARLY ADMINISTRATION INTRODUCTION: As money is the pristine need for human beings to meet their basic needs, everyone tries to earn as much money as possible A clerk earning less(pre nominated) than a driver may have a dumb grievance, but when he earns less than another clerk of similar qualifications and experience he will show his unhappiness to a greater extent than bitterly. This shows that people have the tendency to compare themselves with others who are in a similar profession and/or with similar qualifications In salary cheek, the employer should not feel that the employees are paid more than they deserve and the employees should not feel that they are underpaid. Unless there is a scientific approach /method we cannot solve this conflict Here pursue and salary administration includes allowances, leave facilities, housing, travel, etc and non-cost rewards such as recognition, privileges and symbols of status In India the question of wages assumes paramount importance because of sagacious poverty, wide scale unemployment and a high population. No dictated norms and meaning are followed in darn wages and salaries, so a lot of ad-hocism and expediencies are found in fixing wages.

The wages has to be viewed from economic, psychological, legal and growth points of view Wage and salary administration is essentially the application of a systematic approach to the trouble of ensuring that employees are paid in a logical, equitable and passably manner and the terms are used are wages, salary, earnings, nominal wages, Real wages, Take home salary, Minimum wage, statutory borderline wage. In India the question of wages assumes paramount importance because of acute poverty, large scale unemployment and a high population. No fixed norms and means are followed in fixing wages and salaries, so a lot of ad-hocism and expediencies are found in fixing wages. The compensation has to be viewed from economic, psychological, legal and growth points of view The need base minimum wage is the... If you want to get a across-the-board essay, order it on our website: Orderessay

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