Social Sciences, asked by anshuku8057, 1 year ago

How are wages determined according to the wage act?

Answers

Answered by khushi9d11

The eight factors influencing the determination of wage rates are as follows: 1. Ability to Pay 2. Demand and Supply 3. Prevailing Market Rates 4. Cost of Living 5. Bargaining of Trade Unions 6. Productivity 7. Government Regulations 8. Cost of Training.

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