Wage And Salary Administration Pdf

wage and salary administration pdf

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The soundness of compensation management depends upon the amount of wage or salary is paid to an employee for a fair days work. Wage and Salary administration refers to the established and implementation of sound policies and practices employee compensation. Wage and salary administration is one of the vital areas of the personnel administration.

Four Years of Wage and Salary Administration under Incomes Policies

Wage and salary administration is a collection of practices and procedures used for planning and distributing company-wide compensation programs for employees. These practices include employees at all levels and are usually handled by the accounting department of a company. Wage and salary administration procedures usually involve activities such as calculating the number of hours worked in order to determine compensation, administering employment benefits, and answering payroll questions from employees.

At the majority of companies and organizations, wages are usually dispersed to all employees on a specific date. The workers in charge of salary administration may also be charged with ensuring that the company adheres to federal and local compensation laws. Legal Disclaimer. The content on our website is only meant to provide general information and is not legal advice. We make our best efforts to make sure the information is accurate, but we cannot guarantee it. Do not rely on the content as legal advice.

For assistance with legal problems or for a legal inquiry please contact you attorney.

Office of Financial Management

Compensation administration is a segment of management or human resource management focusing on planning, organizing, and controlling the direct and indirect payments employees receive for the work they perform. Compensation includes direct forms such as base, merit, and incentive pay and indirect forms such as vacation pay, deferred payment, and health insurance. Compensation does not refer, however, to other kinds of employee rewards such as recognition ceremonies and achievement parties. The ultimate objectives of compensation administration are: efficient maintenance of a productive workforce, equitable pay, and compliance with federal, state, and local regulations based on what companies can afford. The basic concept of compensation administration—compensation management—is rather simple: employees perform tasks for employers and so companies pay employees wages for the jobs they do.

Wage and salary administration is a collection of practices and procedures used for planning and distributing company-wide compensation programs for employees. These practices include employees at all levels and are usually handled by the accounting department of a company. Wage and salary administration procedures usually involve activities such as calculating the number of hours worked in order to determine compensation, administering employment benefits, and answering payroll questions from employees. At the majority of companies and organizations, wages are usually dispersed to all employees on a specific date. The workers in charge of salary administration may also be charged with ensuring that the company adheres to federal and local compensation laws. Legal Disclaimer. The content on our website is only meant to provide general information and is not legal advice.


pdf> [Accessed 17 July ]. The Role of Compensation and Benefits. •. [Online​] Available at:


COMPENSATION ADMINISTRATION

This site provides Washington state agency managers and HR Professionals with information and resources on compensation. Total compensation. State salary survey. Compensation plan components. Classified job listing.

Wages and salaries are the remuneration paid or payable to employees for work performed on behalf of an employer or services provided. Normally, an employer is not permitted to withhold the wages or any part thereof, except as permitted or required by law. Employers are required by law to deduct from wages, commonly termed "withhold", income taxes , social contributions and for other purposes, which are then paid directly to tax authorities, social security authority, etc.

Skip to search form Skip to main content You are currently offline. Some features of the site may not work correctly. DOI: Agburu Published Political Science. Wage, Salary, Productivity, Equity, Fairness.

Wage and Salary Administration

Wage and salary administration is defined as the process by which wage and salary levels and structures are determined in organisational settings.

Wage and Salary Administration

What effects did the last Government's wage restraint policy have on wage and salary administration at company and local levels? A research team at Strathclyde Business School has been studying newly introduced incentive payment schemes and holding seminars with management and trade union negotiators over the past 12 months. This paper reports some of their findings, and shows how the jobs of wage and salary administrators have been affected by the experiences of the past five years. Bowey, A. Report bugs here. Please share your general feedback.

Wages and Salary administration is a collection of procedures and practices used for distributing and planning company-wide compensation programs for employees. These practices are usually handled by the accounting department of a company and include employees at all levels also. These are the important topics of the Compensation and Rewards Management Notes. In, the below unit-wise titles were also mentioned for the students.

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administer a wage and salary administration program and to ensure fair and equitable pay amongst employees. — Provides guidance on an employee's salary.

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