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How wages determine practically in developing economy?

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Question added by Wasif Mehmood
Date Posted: 2016/04/30
Nuridin Islam Diab
by Nuridin Islam Diab , Training Manager , Bbusinesss LLE

Wages are determined by the employing organization, whether it's private or public sector, based on the following criteria:

1. The average wage parameter for each position

2. The experience and qualifications of the candidates applying for a job

3. The organization's budget allocated to compensations & benefits

4. The wage standards provided by trade unions

5. The supply & demand factors in the job market. 

ghazi Almahadeen
by ghazi Almahadeen , Project Facilitator , Jordan River Foundation

Thank invitation ................... leave answer specialists

 

Eng Ahmed Elsharkawy
by Eng Ahmed Elsharkawy , Civil Engineering Project Manager , Altwijry office

thanks for invition ,,,,,,,,,,

i am wating for experts answers

Yahia mohamed  Amen Gad
by Yahia mohamed Amen Gad , إدارة - مدرب - , سنابل الأجيال للتعليم والتدريب

Thank you for the invitation and leave room for specialists

حسين عبدالهادي الصلوي
by حسين عبدالهادي الصلوي , متدرب , المحطة الغازية توليد الطاقة الكهربائية

i'm agree with experts answers.....................thanks for the invitation

Mushreq Abdulmajeed
by Mushreq Abdulmajeed , Senior Project Supervisor , Lagoon Spring Company

I apologize this is not my field

مها شرف
by مها شرف , معلمة لغة عربية , وزارة التربية السورية

I agree with experts answers, thanks for the invitation. 

HASSAN AHMED
by HASSAN AHMED , Internal Auditor , TIE

Wages are determined by so many factors

Skills, experience, qualifications, personality, attitude, hand writing, communication, organization pay scale.

This is the normal criteria but now a days they are selecting best employee on lowest salary, using wasta also, 

I leave the answer to the experts, specialists in this field

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