Provide several reasons why a department manager should be familiar with the organization’s compensation scales even...
Provide several reasons why a department manager should be familiar with the organization’s compensation scales even though the manager is not expected to make specific salary quotations or negotiate salaries with prospective employees.
Homework Answers
several reasons why a department manager should be familiar with the organization’s compensation scales
1. To control salary and wages cost so that departmental profit can be increased.
2. To make departmental budget with salary and wages data.
3. To launch various incentive schemes so that departmental performance be improved.
4. To make departmental cost sheet.
5. To compare actual wages and salary cost with standard cost.
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Provide several reasons why a department manager should
be familiar with the organization’s compensation scales even...
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