Business Studies, asked by TbiaSamishta, 1 year ago

The principle of management explaining the importance of fair payment to workers. Answer in a word / phrase / term.

Answers

Answered by shreyjain7
3
fair remuneration to employees
Answered by Secondman
1

Answer: Remuneration to Personnel

According to Fayol, proper wages and non-financial incentives that benefit both the employer and employee is required to ensure smooth functioning of a firm.

A happy employee is a great asset to the firm and so care should be taken to ensure that the pay helps them pay their bills and be satisfied with.

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