The difference between a wage and a salary is:A.wages are the minimum a worker can be paid, and salaries are the maximum.B.wages are hourly pay, and salaries are weekly, monthly, or yearly pay.C.wages and salaries are identical.D.wages are earned by blue-collar workers and salaries are earned by white collar workers.E.wages are only the money a worker earns; salaries include non-money benefits.SUBMITarrow_backPREVIOUS

Which statement regarding wage-earning employees is true?A.Wage-earning employees receive pay based on the number of hours worked.B.Wage-earning employees are always offered medical benefits.C.Wage-earning employees do not have taxes withheld from each paycheck.D.Wage-earning employees receive the same pay as salaried workers.SUBMITarrow_backPREVIOUS

Which of the following is true about pay grades?Question 2Answera.Jobs within a single pay grade may have different pay ranges.b.Pay grades makes the pay structure inflexible.c.Pay grades restrict an organization's ability to move people between jobs.d.Pay grades are created by grouping jobs considered substantially equal.e.Pay grades are easy to design.

Which of the following best describes the primary reason for wage differentials? Differences in employee performance Differences in job descriptions Differences in the cost of living Differences in the demand and supply of labor

difference between real wage and nominal wage

How are salary payments of employees managed by the organisation?Group of answer choicesa. It remunerates employees on a set date no matter how they have performedb. It is divided into equal payments supplied at the end of each payment periodc. It is reviewed each year and can be decreased if an employee does not performd. It consists of a basic amount, plus a possible performance commission