What are the General goals of wage and salary administration?

Answer 1

objectives of wage and salary admininstration:

a) Identifying the available salary opportunities, their costs, estimating the worth of its members of these salary opportunities and communicating them to employees.

b) Relating salary to needs and goals.

C) Developing quality, quantity and time standards relating to work and goals.

d) Determining the effort necessary to achieve standards.

e) Measuring the actual performance.

f) Comparing the performance with the salary received.

g) Measuring the job satisfaction gained by the employees.

h) Evaluvating the unsatisfied wants and unreached goals of the employees.

i) Finding out the dissatisfaction arising from unfulfilled needs and unattained goals.

j) Adjusting the salary levels accordingly with a view to enabling the employees to reach goals not attained and fulfills the unfilled needs.

Answer 2

The general goals of wage and salary administration is to ensure that workers are duly compensated for their work. This will also set the relevant wages and salaries for varied job groups in the organization.