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Analysis of Wage Structure at XYZ Ltd. (Pharmacy) in Guiding Principles of Wage Justice

Journal: International Journal of Science and Research (IJSR) (Vol.6, No. 11)

Publication Date:

Authors : ; ; ;

Page : 1477-1482

Keywords : pharmacy; wage justice; wage structure;

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Abstract

The purpose of this study is to examine the application of wage structure in the company associated with the principle of fairness, to examine the factors that affect the review of basic or main wages of workers / laborers, and to formulate and recommend alternatives in improving wage structure at XYZ Inc. The results showed that the wage structure at XYZ Inc. had not fully reflected the justice of both internally and externally. Furthermore, there were still some respondents who were not satisfied with the basic wages received. The biggest reason is that the basic wages received is only limited to the minimum wage. This study formulated and recommended the a proposed wage structure and scale at XYZ Inc. with linear and exponential methods as an effort that can be taken by the company so that the applied wage structure can be fair and can increase the satisfaction of workers / laborers.

Last modified: 2021-06-30 20:02:28