Estimation of Industrial Wages in India | Workers | Industrial Management

This article throws light upon the twelve main determinants used for estimating industrial wages in India. The determinants are: 1. Living Wage 2. Nutritive Needs 3. Family Budget Inquiries 4. Relative Wages 5. Leap-Frogging 6. Equal Remuneration for Work of Equal Value 7. Capacity of Industry to Pay and Profits 8. Capacity of Individual Undertakings 9. Company Accounts and Public [...]