Incentives
An ‘incentive’ or ‘reward’ can be anything that attracts an employees’ attention and stimulates him to work. An incentive scheme…
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An ‘incentive’ or ‘reward’ can be anything that attracts an employees’ attention and stimulates him to work. An incentive scheme…
Executive compensation, also known as executive pay, refers to remuneration packages specifically designed for business leaders, senior management and executive-level…
Wage structure may be defined as the internal pattern of varying job ranking and basic wage rates and differentials of…
Fixation of wages in India is a recent phenomenon. There was no effective machinery till 2ns world war for settlement…
Salary Administration refers to all components of wage administration and pay structure: Monitoring salary structures and pay grades for exempt…
Basic Pay The concept of basic Pay is contained in the report of the Fair Wages Committee. According to this…
This is the oldest method of wage payment. “Time” is made a basis for determining wages of worker. Under this…
An efficiency wage is a wage paid by a firm to its workers that is above the competitive wage (i.e.,…