sita and Geeta are typists in a company having same educational qualification.
sita is getting 3000 per month and Geeta 400 per month as salary for the same working hours .which principle of management is violated in this case? name and explain the principle.
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Answer:
Principle no. 7:- Remuneration is being violated here.
Explanation:
Remuneration:- Motivation and productivity are close to one another as far as the smooth running of an organization is concerned. This management principle of the 14 principles of management argues that the remuneration should be sufficient to keep employees motivated and productive.
There are two types of remuneration namely non-monetary (a compliment, more responsibilities, credits) and monetary (compensation, bonus or other financial compensation). Ultimately, it is about rewarding the efforts that have been made.
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