Question

what is understood by national wage policy?does it imply a uniform wage structure or may there be differenial wages structure in similar undertakings

Answer 1

Answer:

A national wage policy aims at establishing wages at the highest possible level, which the economic conditions of the country permit and ensuring that the wage earner gets a fair share of the increased prosperity of the country as a whole resulting from the economic development.

Answer 2

National wage policy is referred to as the government actions of legislation action which is taken so as to regulate the structure of wages for the purpose of achieving an objective

Explanation:

• The national wage policy apply to uniform wage structure as it is trying to meet its goal in both economic and social aspects which also   change the living standard s of people .

• The policy contain different principles that act as guideline for the structure of the wages.

• The National wage policy has created a balance between subsequent industrial balance and industrial progress that cover the concern of the employee, employer and the state.

To learn more

Objectives of National wage policy in India

brainly.in/question/2874991

Write short notes on National wage policy

brainly.in/question/9357500