What are the forms of wages

Consider in detail the types and forms of wages that are used in accounting.

There are two generally accepted forms of wages - this is the basic and additional types of calculation for the work done.

Most often, employers use the basic forms of wages, when the amount of time worked is calculated, the quality of the work done: payment by tariff categories, piece rates, salaries, various types of surcharges for night work, harmful working conditions, seniority, management etc.

Forms of wages

Additional payments are separate payments provided for by law. These include the payment of holidays, preferential hours, for the duration of the state or public activities, the payment of benefits when the employee is dismissed, etc.

In our time, often used such forms of wages, as an hourly and contractual calculation for the work done. The amount of remuneration for worked time is determined by hourly payment. To do this, it is necessary to multiply the time worked by the amount of payment for a certain period of time. The hourly rate is calculated as the division of the established amount of salary into the norm of hours of labor.

Hourly calculation for the work performed is applied in the professions where the technological regime is set:

- mass-flow production;

- automated production;

- production with the predominance of hardware processes.

Hourly salary is advantageous in that it makes it possible without too much effort to increase the work interval without changing its payment.

Types and forms of wages

The advantages of an hourly wage rate are that the number of hours actually worked is paid for. It is advantageous for entrepreneurs that when the economic situation of a firm deteriorates, it can reduce the employee's working hours compared to a normal working day.

There are still such forms of wages as piece-by-piece (piece-rate) and time-based salaries. The value of the first depends mainly on the amount of goods produced or work performed. Dependence is determined by calculating the price for one unit of output. The data for the calculation is the price of labor per day or hour and the rate of the quantity of products that the worker makes on average per day or hour.

The price per piece of goods can be calculated as follows: the hourly or daily price of labor must be divided into the rate of production.

As for piecework pay, as one of the forms of wages, it is necessary to establish a measure of intensity (intensity) of the employee's work . This is done with the help of the rate of production of the volume of goods, which the worker makes for a specific time. Similar rates of output are paid in a certain amount. That is, the more fruitful the employee is working and making more products, the higher will be the payment of his labor.

Concerning the payment of working hours, a number of theories are distinguished:

- The theory of productivity;

Marginal productivity.

The payment for work is the price for a person's work.

Forms of wages:

- nominal - the amount of money that an employee receives for his work;

- real wages - means of subsistence, which an employee can get for his earned money.