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Write a Word Or Phrase Or a Term Which Can Substitute Each One of the Following. the Principle of Management Explaining the Importance of Fair Payment to Workers.

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Question

Write a word or phrase or a term which can substitute the following.
The principle of management explaining the importance of fair payment to workers.

One Word/Term Answer
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Solution

The principle of management explaining the importance of fair payment to workers: Principle of Remuneration
Explanation-
The principle of remuneration to employees states that compensation given to employees should be fair in the eyes of the employees as well the management. This implies that each person in the organisation should be given fair wage and salary this will help him/her maintain a decent standard of living.

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Chapter 6: Principles of Management - Write a word or phrase [Page 151]

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Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 6 Principles of Management
Write a word or phrase | Q 5 | Page 151

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