Food Services Management

Wages – Definition of minimum wage, Objectives, Components of wage, Income not included in the minimum wage, Fixation of minimum wages, Revision of minimum wages, Advantages

Definition of minimum wage Minimum wage has been defined as “the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract. Objectives ☆To provide minimum wages to theworkers working in organized sector. ☆To […]