Deciding Wage Structure and Rules for Its Administration
What do you mean by Deciding Wage Structure and Rules for Its Administration?
Expert
Based on collection of relevant information and taking in to account some of the influencing factors, an organization should design wage structure which includes slab for basic or minimum wages, incentives, and/or increment over a period of time to gather with other financial and nonfinancial perquisites to be offered to an employee. Attempt should be made to follow principles of fairness, equity and justice to gather with transparency while designing wage structure and deciding rules for its administration. The rules should not provoke unjustified discriminations and exploitation of workers otherwise it may prove counterproductive and may give rise to grievance, and industrial disputes.
Write down the main objectives of performance appraisal system?
What are the demerits of 360-Degree Approach?
How to cope up with stress?
What are the criteria of company to evaluate their employees for appraisal purpose?
what is the role of supervisor in organizational group?
What are the different objectives of HRP?
Briefly describe the term ‘Recruitment’?
which year did edwin flippo definition of performance appraisal
What do you understand by Approval by Appropriate Authority?
What are the different methods of Recruitment?
18,76,764
1939503 Asked
3,689
Active Tutors
1416271
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!