Bangalore university Semester III HR specialization Module 2 Wage & Salary Administration Nature and scope‚ compensation‚ wage determination process‚ factors influencing Wage and salary administration. Wage – theories of wages‚ types of wages – time Rate‚ piece rate‚ debt method‚ wage differentials. Q. What is the meaning of Wage? (2 marks) Indian Labour Organization has defined the term wage as "the remuneration paid by the employer for the services of hourly‚ daily‚ weekly and fortnightly
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the world can barely afford the necessities‚ such as food‚ water and shelter. This is a problem that desperately needs to be addressed. To achieve this we should employ taxes‚ but the money made off this should go to charity‚ also we should lower salary caps‚ thus we restrict the amounts teams can spend on their players. In this report‚ I will be explaining why athletes should be paid less So how much do athletes receive a year‚ the top 10 paid athletes total pay added up is just less than 1 billion
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determine how much income you have. Using the worksheet at the bottom of this page‚ write a dollar figure next to each relevant income source. Make sure you include all sources of income such as salaries‚ interest‚ pension and any other income–including a spouse’s income if you’re married. If you get a salary‚ be sure to use your take-home pay rather than your gross pay. Taxes are usually taken out automatically‚ but if they’re not‚ remember to include them as another expense. If you receive money
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Joining: You have to join us on or before «Date_of_joining» and this would be considered your effective date of joining in the company. 3. Remuneration‚ Benefits and Perks : You will be entitled to the following remuneration: Salary Breakup: 1. Basic Salary: Rs.«Basic»/- HRA : Rs.«HRA»/- Conveyance: Rs.«Conveyance»/- --------------------------------------------- TOTAL : Rs.«TotalPm» /month (CTC) _____________________________ This payment is made to you as dictated by the Indian
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status is outside Hong Kong. Mr. Pan’s salary is paid to his bank account in America by his employer. Thus‚ all the three conditions for an employment located outside Hong Kong are satisfied‚ Mr. Pan’s employment is outside Hong Kong. If Mr. Pan’s employment is outside Hong Kong‚ his salaries tax liability is determined by the number of days he stays in Hong Kong in the year of assessment concerned. Thus‚ Mr. Pan is not able to ascertain his Hong Kong salaries tax liability until the basis period
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disclosure in state government: an ethical analysis. Retrieved from http://arp.sagepub.com/content/43/4/476 Open discussion about salaries is often taboo in American society‚ inquisition can considered rude or out of line. Sometimes people aren’t happy with what they are making and therefore wish to keep that information secrete. But what if employers made all salary information public for the world to see? Perhaps corruption or misappropriate of fund would come to light. The article “Public pay
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NOR PPW JOHOR BAHRU SEMESTER JANUARI 2011 TABLE OF CONTENT Content Page Azko Nobel 3 AkzoNobel Values Akzo Nobel Vision 4 Interviewer details 5 Components of compensation Basic wages/Salaries 6 Dearness allowance 7 Incentives Bonus 7 Non-monetary benefits Commissions 8 Mixed plans 8 Fringe benefits Approaches of compensation management Evaluation Conclusion 9 Recommendation
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years the annual base salary is $25‚000 Journeyman: 3 - 5 years the annual base salary is $30‚000 Craftsman: 5 years and up the annual base salary is $35‚000 Another area that is part of the compensation plan is an incentive program to motivate employees to perform at high levels for the sales department. A sales commission program will be directly tied to the employee ’s base salary that will increase his or her ability to earn a substantial amount above the base salary amount through performance
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about the Establishing pay rates relating to DBL group. The paper mainly covers the compensation management system of DBL group. Within the arena of paper‚ all the practices of DBL group relating to Pay rates have been examined as to understand the salary rate of DBL group‚ Establishing pay rates includes many more things and one of them is Job evaluation. Job evaluation is very important to understand the worthiness of job that could the base of establish pay rates. The paper also covers
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Professional athletes‚ such football and basketball players‚ do not deserve the high salaries that they are paid. With a growing awareness of maintaining health‚ sports‚ in this day and age‚ have gradually become indispensable parts of daily life. Some well-known professional athletes have even been considered as role models to the many teenagers. A question‚ however‚ may be laid on whether athletes deserve high salaries. From my view‚ the answer is definitely positive. To begin with‚ simple as it
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