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Salesforce Course Syllabus created by Besant Technologies experts provides individuals with an overview Read more. Accenture Salary for Freshers. Bangalore: Many start-ups and e-commerce companies are established in Bangalore, so it is not difficult to find a job there.
Chennai: A fresher at Accenture can find a starting salary of Rs. You need the following skills for entrepreneurship: A candidate for Accenture must possess the following skills: Analyzing business development and strategy Business Intelligence Enterprise Product Lifecycle Management Information technology Marketing and communications Data management Information technology safety Information technology Customer relationship management Finance Accuracy Few Key Facts: Its chief operating office is located in Dublin, Ireland.
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In India, salaries are generally paid on the last working day of the month Government, Public sector departments, Multi-national organisations as well as majority of other private sector companies. According to the Payment of Wages Act, if a company has less than 1, Employees, salary is paid by the 7th of every month.
If a company has more than 1, Employees, salary is paid by the 10th of every month. Minimum wages in India are governed by the Minimum Wages Act, In Italy , the Constitution guarantees a minimum wage , as stated in Article 36, Paragraph 1 . This constitutional guarantee is implemented not through a specific legislation, but rather through collective bargaining which sets minimum wage standards in a sector by sector basis.
Collective bargaining is protected by trade unions , which have constitutional rights such as legal personality. The Constitution also guarantees equal pay for women , as stated in Article 37, Paragraph 1 .
In Japan, owners would notify employees of salary increases through "jirei". The concept still exists and has been replaced with an electronic form, or E-mail in larger companies. From school age these young potentials are groomed and pre-selected to one day join a company as a "salaryman". The selection process is rigorous and thereafter the process initiation speaks of total dedication to the company.
Article 65 section 4 of Polish Constitution states that "the minimum amount of salary for work or the method of determining this amount will be specified by separate act". The amount of the minimum salary for employment contracts and the amount of minimum hourly rate for service contacts is announced by the Council of Ministers by September 15 each year in the Official Journal of the Republic of Poland "Monitor Polski".
Minimum wages are used widely in developing countries to protect vulnerable workers, reduce wage inequality, and lift the working poor out of poverty. The political popularity of minimum wages stems in part from the fact that the policy offers a means for redistributing income without having to increase government spending or establish formal transfer mechanisms.
These figures are found in SA statistics. Indeed, they reflect the huge gap in the South African society with a large proportion of the population under poverty line that does not have the same opportunities for employment. In the Netherlands the salary which occurs most frequently is referred to as Jan Modaal.
The term "modaal" is derived from the statistical term Modus. If the government's macro economic policy negatively affects this "Modaal" income or salary-group often the policy is adjusted in order to protect this group of income earners. The Netherlands is in the top 5 of the highest salary-paying countries in the EU. The focus has been on the salary levels and accompanying bonuses whereas secondary benefits, though present, has been downplayed yet that is changing.
The Netherlands claims a 36th position when it comes to secondary benefits when compared to other countries in Europe.
The minimum wage is determined through collective labor negotiations CAOs. The minimum wage is age dependent; the legal minimum wage for a year-old is lower than, for instance, a year-old full minimum wage.
Adjustments to the minimum wage are made twice a year; on January 1 and on July 1. The minimum wage for a year-old on January 1, is 1, In the United States, the distinction between periodic salaries which are normally paid regardless of hours worked and hourly wages meeting a minimum wage test and providing for overtime was first codified by the Fair Labor Standards Act of At that time, five categories were identified as being "exempt" from minimum wage and overtime protections, and therefore salariable.
In , some computer workers were added as a sixth category but effective August 23, the categories were revised and reduced back down to five executive, administrative, professional, computer, and outside sales employees. Effective December 1, it says:. Specifically, the standard salary level will be updated to maintain a threshold equal to the 40th percentile of weekly earnings of full-time salaried workers in the lowest-wage Census Region.
Such payments may include, for example, nondiscretionary incentive bonuses tied to productivity and profitability. A general rule for comparing periodic salaries to hourly wages is based on a standard hour work week with 50 weeks per year minus two weeks for vacation.
Zimbabwe operates on a two tier system being wages and salaries. Each sector has its own NEC; i. On the council are representatives from the unions and the employers. The public sector is under the Public Service Commission and wages and salaries are negotiated there. Wages are negotiated annually or biennially for minimum wages, basic working conditions and remunerations. If there is a stalemate it goes for arbitration with the Ministry of labour.
The ruling will become binding on all companies in that industry. Industries often then use their associations to negotiate and air their views.
For example, the mining industry nominates an employee within the chamber of mines to attend all meetings and subcommittee with industry players is a forum for discussions.
Salaries are negotiated by the respective employees. However, NEC obviously affects the relativity and almost acts as a barometer for salaried staff. Salaries and wages in Zimbabwe are normally paid monthly.
Most companies' pay around the 20th does allow various statutory payments and processing for the month end. Government employees are also staggered to ease the cash flow though teachers are paid around mid-month being 16th.
Agricultural workers are normally paid on the very last day of the month as they are contract employees. Zimbabwe is a highly banked society with most salaries being banked. All government employees are paid through the bank.
Since "dollarisation" movement from the Zimbabwean dollar to USD Zimbabwe has been moving toward a more informal sector and these are paid in 'brown envelopes'. This of course captures those that pay and keep records properly. This is skewed downwards by the large number of government employees whose average salary is around there. At the top end salaries are quite competitive and this is to be able to attract the right skills though the cost of living is high so it balances this out.
A top-earning Zimbabwean spends a lot more money on necessities than say a South African top earner. This is more evident when a comparison with USA or England is done. The need to have a generator, borehole or buy water or take care of the extended family since there is no welfare given the government's financial position.
In the hyperinflation days salaries was the cheapest factor of production given that it was paid so irregularly though it went to twice monthly. As workers could not withdraw their money, remuneration was often in the following forms:. Prices were price controlled. By remunerating in the product it basically allowed the employees to side sell for real value. Zimbabwe traditionally had a competitive advantage in its cost of labor.
With "dollarisation" and higher cost of living this is slowly being eroded. Prior to the acceptance of an employment offer, the prospective employee usually has the opportunity to negotiate the terms of the offer.
This primarily focuses on salary, but extends to benefits, work arrangements, and other amenities as well. Negotiating salary can potentially lead the prospective employee to a higher salary.
Negotiating salary will thus likely yield an overall positive outcome for both sides of the bargaining table. Perhaps the most important aspect of salary negotiation is the level of preparation put in by the prospective employee.
Background research on comparable salaries will help the prospective employee understand the appropriate range for that position. Assessment of alternative offers that the prospective employee has already received can help in the negotiation process. Research on the actual company itself will help identify where concessions can be made by the company and what may potentially be considered off-limits.
These items, and more, can be organized into a negotiations planning document that can be used in the evaluation of the offers received from the employer.
The same study highlighted the personality differences and negotiation mind-sets that contributed to successful outcomes. Overall, individuals who are risk-averse e. On the contrary, those who were more risk-tolerant engaged in negotiations more frequently and demonstrated superior outcomes. Individuals who approached the negotiation as a distributive problem i. Those who approached the negotiation as an integrative problem i. Salary disparities between men and women may partially be explained by differences in negotiation tactics used by men and women.
Men and women tend to view salary differently in terms of relative importance. Overall level of confidence in a negotiation may also be a determinant of why men tend to achieve higher outcomes in salary negotiations. The Constitution of the Republic of South Africa provides for the right to fair labour practices in terms of article This is not only relevant to women, but also to men. The smallest income gap differences occur at thin weights where men are penalized and women are rewarded and the opposite happens at heavier weights, where the women are affected more negatively.
Media related to Wages at Wikimedia Commons. From Wikipedia, the free encyclopedia. Not to be confused with celery. Form of periodic payment from an employer to an employee. Defined benefit Defined contribution Social security.
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WebFeb 17, †∑ A salary is an annual compensation amount agreed upon between a company and an employee and paid to the employee in scheduled increments for work performed in a specific role. Salaries can be paid weekly, bi-weekly, monthly or bi-monthly. For example, a salary for a marketing manager might be $75, per year. If that salary . WebLearn what employers are paying for jobs youíre interested in. Cost of Living Calculator. Explore the cost of living and working in various locations. Personal Salary Report. Calculate your value based on your work experience and skill set. Job Listings. Find, apply for, and land your dream job at your dream company. WebAug 9, †∑ Salary pay is more secure and predictable than hourly pay, but that doesn't mean it's the best choice for every professional. With a salary, you might get more bonuses, and it's something that is easier to negotiate in an interview. You can plan your finances, and there's a lot of potential for pay rises and promotions inside the company.