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Experimental Analysis Of Wage Requirement For Handling The Hopper Wagon In Thermal Power Plant Using Job Evaluation Approach

Journal Name:

  • Golden Research Thoughts

Publication Year:

  • 2013

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Abstract (Original Language): 
The idea is to create a situation of input – output equilibrium that equates with a fair wage being paid in revisit for the type of work or job in hand. This is in order to reach a win / win situation, determine any problem that may occur between employees and their employer related to wage uniformity or equity, and to create sound work weather. In order to create a sound and scientific internal pay system, this thesis makes an in-depth assessment on the application process of point-factor job evaluation approach. Questionnaire survey and statistical analysis methods are used to decide the factors of job evaluation system. Also, it focuses on the weight determination using better AHP method. Right pay structure is necessary element of the personnel policy of a any department in a factory. If the pay structure is apparent as uninformed by the members of the staff, it becomes a cause of trouble of the labor relations. Mainly, a pay structure is unfair if it discriminates alongside women. Job evaluation is a traditional tool used by companies to help in the process of determining pay structures that can be also useful to sense and combat wage unfairness, as allow determining whether two jobs are of comparable worth or not. Unions are responsible for a variety of wage things, such as higher wages and wage compression. In this thesis the study has done another possible union effect on wages are the actions of unions accountable for the observed relation between required education and wages? It is w ell know n that wages are related to education, and there is also strong verification that working in a job requiring a level of education lower one's own level has a negative outcome on wages.
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REFERENCES

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