अनुक्रम (Contents)
Meaning of Remuneration
Any amount given to a person as consideration for his work, is called remuneration. The work efficiency of workers in any industry depends upon the amount paid as remuneration Proper pay package can attract the workers in a particular industry and also control the labour turnover from that industry.
From proper remuneration the workers remain satisfy, work attentively, do Very few strikes, make proper utilization of material and machines and enhance productivity.
Thus, methods of wages payment play a very significant role in the prosperity of any enterprise. Satisfactory wages (remuneration) rate along with incentive plans are very helpful in enhancing work efficiency.
It is beneficial to employees and customers Employers get higher profits, employees get better wages, customers benefitted by reduced prices.
There is difference between worker’s remuneration and incentive wages Wages or remuneration is the reward of work and services while incentive wages hereby mean to improve the work efficiency and effectiveness of workers by giving extra facilities or bonus in terms of money.
इसी भी पढ़ें…
- Meaning of Collection Allocation | Apportionment of Overhead Expenses
- What is Primary Distribution of Overheads
- What is Meaning of Overhead | Classification of Overhead
- Process of Classification of Overheads | Basis of Overhead Classification
- Advantages of Fixed and Variable Overheads | Difference Between Fixed & Variable Overheads
- What is Absorption of Selling and Distribution Overheads
- What is Money, Definition, Functions and various kinds of Money
- What is Apportionment of Overheads, Principles, Difference
Disclaimer: currentshub.com केवल शिक्षा के उद्देश्य और शिक्षा क्षेत्र के लिए बनाई गयी है, तथा इस पर Books/Notes/PDF/and All Material का मालिक नही है, न ही बनाया न ही स्कैन किया है। हम सिर्फ Internet पर पहले से उपलब्ध Link और Material provide करते है। यदि किसी भी तरह यह कानून का उल्लंघन करता है या कोई समस्या है तो Please हमे Mail करे- currentshub@gmail.com
