Tag Archives | Wage Payment

Incentives for Indirect Workers | Personnel Management

After reading this article you will learn about the incentive schemes for indirect workers:- 1. Incentive Scheme for Labourers, Crane Operators, Set-Up Men, Maintenance Men 2. Incentive Scheme for Supervisory Staff 3. Incentive Scheme for Managerial Staff. Incentive Scheme for Labourers, Crane Operators, Set-Up Men, Maintenance Men, etc. (a) They can be given the same or half the incentive what [...]

By |2017-02-06T21:13:25+05:30February 6, 2017|Personnel Management|Comments Off on Incentives for Indirect Workers | Personnel Management

Top 5 Methods of Wage Payment to Employees

This article throws light upon the top five methods of wage payment to employees. The methods are: 1. Time Rate System (Fixed Salary Method) 2. Piece Rate System 3. Salary plus Commission on Sales 4. Profit Sharing System 5. Non-Financial System. Method # 1. Time Rate System: It is a system where wages are paid on the basis of time [...]

By |2016-08-09T07:55:51+05:30August 9, 2016|Employees|Comments Off on Top 5 Methods of Wage Payment to Employees
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