Page 105 - IC90 Human Resource Management
P. 105
Wages may be fixed as payable on a:
I. monthly basis or
II. weekly basis or
III. daily basis or
IV. hourly basis or
V. piece rate basis
4. Other financial benefits
a) Basic pay
b) Bonus
c) Other benefits
5. Increments
a) Increment based on annual appraisal
b) Increment based on company performance
6. Employee benefits and services
a) Security
b) Legally prescribed benefits
c) Psychological security
d) Fringe benefits
e) Cafetaria type of benefits
