Question

What does wage mean to the organization and the employee?

a.

A source of income for the employee and a cost for the organization

b.

A benefit for the employee and a cost for the organization

c.

A cost for both the employee and the organization

d.

A source of income for both the employee and the organization

Posted under IC90 Human Resource Management

Answer: (a).A source of income for the employee and a cost for the organization Explanation:To the organization, wages are costs and they have to be as low as possible. To the recipient, the employee, wage is income providing for the needs of his family. He wants the wages to be as high as possible.

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