Archive | Wage and Salary Administration

Wage Determination Process

Everything you need to know about the wage determination process. Wage determination is a complex process. The steps involved in determining wage rates involves performing job analysis, wage surveys, analysis of relevant organisational problems, forming wage structure, framing rules of wage administration, explaining these to employees, assigning grades and price to each job and paying the guaranteed wage. The process [...]

By |2019-09-28T11:07:46+05:30September 28, 2019|Wage and Salary Administration|Comments Off on Wage Determination Process
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What is Wage and Salary Administration?

Everything you need to know about the wage and salary administration. 'Wage and Salary Administration' refers to the establishment and implementation of sound policies and practices of employee compensation. It includes such areas as job evaluation, surveys of wage and salaries, analysis of relevant organisational problems, development and maintenance of wage structure, establishing rules for administering wages, wage payments incentives, [...]

By |2019-08-21T16:02:08+05:30August 21, 2019|Wage and Salary Administration|Comments Off on What is Wage and Salary Administration?
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