Master'sOpen Access

SME's wage management a zone research in furniture sector

2006
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Advisor: Y.doç.dr. Tuncay Yılmaz

Abstract (EN)

Term of wage as one of the key words of this century, states tangible asset what is the result of an economical operation recognized by employers. Wage means income for employees, in contrast it means outcome for employers. Also wage is one of the most important issues in business life. Today, wage is a management tool that has to be used effectively in order to accurate objectives of companies and put costs at expected levels. Companies aim minimum cost, maximum profit. Before all else; employees expect enough and appropriate wage for their life standard. If the expected wage is not paid; first of all their job satisfaction, motivation, performance and the company are affected negatively. Profit aimed or nonprofit, each organization has to use human resource effectively for being alive. In an effort to determine wage policy; organizations have to take into account not only physical assets; but also business life quality, development opportunities and belonging as intangible assets. Today, all companies have to be active in global competition. So it requires to adapt changeable conditions and newness. SME s have an important role regarding adapting to changeable conditions and newness and coming out productivity potential of public. In this study; as an important function of human resource management, applications of managing wage principles were searched in SME s. Keywords: Human Resource Management, SME s (Small and Middle-Sized Entrepreneurs), Wage Policy

Author

Dr. Zehra Erol

How to Cite

Zehra Erol (Master Thesis). SME's wage management a zone research in furniture sector, 2006, Sakarya University.

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