Question

what is system of wage payment​

Answer 1

Answer:

Ans- The system of wage payment is the method adopted by organizations to remunerate workers. It is the way of giving financial compensation to the workers for the time and effort invested by them in converting materials into finished products.

Answer 2

Explanation:

Wage Payment Systems are the different methods adopted by organizations by which they remunerate labour. There exist several systems of employee wage payment and incentives, which can be classified under the following names.