Wages & Benefits in the workplace

Introduction

Man is the most important value organization, even in the era of advanced technology. Without a competent staff, it is difficult to pursue ambitious goals and achieve success in the market. Today's workers must be highly efficient, effective in operation and bring clear advantages for the organization (Bohlander & Snell, 526-543).

Work experience is one of the key areas of human life. It requires sacrifice of time and energy. It may be an important source of motivation auto telic when rewarding. The question is what to do to fully exploit the employee working his talents and creative energy, it is extremely important. It is therefore necessary to look for increasingly sophisticated methods and forms of motivation, given the different working situations, and their broad implications (Bohlander & Snell, 452-469). All organizations should depend on the use of instruments accepted by encouraging employees to work. However, this requires the understanding of motivation that is what induces and stimulates behavior, not only by the management of the organization, but also the workers themselves. The task of good leaders is to constantly search for new means of motivation, so that the work was for people with joy, not a difficult chore.

Wages are one of the most important factors in the economic and social life of any community. Workers and their families depend almost entirely on wages for food, clothing, pay rent for the house they live in and meet all their other needs (Noe, 254-263).

In industry, wages are an important part of production costs for employers. Governments are greatly interested in wage rates by their impact on the social environment of the country and important aspects of the economy such as employment, prices and inflation, national productivity and the ability to export goods in quantities sufficient to pay imports and thus maintain the equilibrium of the balance of payments. It is logical that the unions and their members try that wages are high, so that workers can better meet their basic needs (Bohlander & Snell, 526-543).

High wages also have important benefits for the economy as a whole, because firstly, ensuring strong demand for goods and services and also stimulate increased productivity. While the ideal is that wages are high enough to boost demand for goods and services when they are too high excess production capacity and the result is inflation (McBeath, 137-154).

The fundamental problems of wages are the same in all countries, but differ in settlement procedures and methods of regulation. In some countries, it is common for the employer and the employees of each company set wages. In other cases, wages are regulated by collective agreements that apply to an entire industry. In countries with centrally planned economies of central authorities set the total amount available for salaries in accordance with national economic program, certain sums are allocated to each industry and each company and the directors and managers of companies manage the details of the remuneration of different categories of workers. Consequently, wages are an important element ...