High Quality
Open the downloaded document, and select print from the file menu (PDF reader required).
Remuneration is the compensation anemployee receives in return for his or hercontribution to the organization
Remuneration occupies an important placein the life of an employee
Wages and Salary
:-Wages refer the hourly rates of pay, salary refers to the monthly rate opay, wages and salaries are subject to annual increments. They differ temp. To emp. Depend upon the nature of job , seniority and merits.
Incentives :- also called ‘payment by result’- paid in addition to wages and salaries. depend upon productivity, saleprofit- there are1. individual incentives scheme2. group incentives scheme
Add a Comment