How wages determine practically in developing economy?

Question

Nuridin Islam Diab · Answer

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 · Answer

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

Eng Ahmed Elsharkawy · Answer

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

i am wating for experts answers

Yahia mohamed Amen Gad · Answer

Thank you for the invitation and leave room for specialists

حسين عبدالهادي الصلوي · Answer

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

Mushreq Abdulmajeed · Answer

I apologize this is not my field

مها شرف · Answer

I agree with experts answers, thanks for the invitation.

HASSAN AHMED · Answer

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,

dalal alharbi · Answer

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