Labour wage policies in the twentieth century
Material type:
- 331.29 YOU
Item type | Current library | Call number | Status | Date due | Barcode | Item holds |
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Gandhi Smriti Library | 331.29 YOU (Browse shelf(Opens below)) | Available | 2205 |
This study clearly shows that in our attempt to discover wage criteria or policies for the determination of wages in the twentieth century the approach has not been narrowly economic. In fact, much emphasis has been placed upon the social and ethical factors. While some attention is placed upon wages in relation to productivity, the author clearly shows that much emphasis has been placed upon need, cost of living, the setting of a minimum wage, and a more equitable distribution of the national income. The trend is to see that laborers have a living wage; that is, an income which would enable them to live on a reasonable comfort level. Also in the fixing of a wage policy the employer's position is taken into consideration when the factors of ability to pay and the going wage in the area are emphasized.
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