Consider in detail the types and forms of wages that are used in accounting.
Two generally accepted forms of wages are known - these are the main and additional types of calculation for the work performed.
Most often, employers use the main forms of wages when calculating the amount of time worked, the quality of work done: payment by tariff categories, piecework rates, salaries, various types of surcharges for performing work at night, for harmful working conditions, for seniority, management etc.
Wage Forms
Additional payment - individual payments provided by law. These include payment of holidays, grace hours, during the performance of state or public activities, the payment of benefits upon dismissal of an employee, etc.
Nowadays, such forms of wages are often used as hourly and contractual payments for work performed. The amount of remuneration for the hours worked is set by the hourly wage. For this it is necessary to multiply the worked time by the amount of payment for a certain period of time.
The hourly rate is calculated as dividing the set salary by the standard hours of work.
Hourly pay for the work performed is used in professions where the technological regime is established:
- mass-flow production;
- automated production;
- production with a predominance of hardware processes.
An hourly salary is advantageous in that it allows you to effortlessly increase the labor interval without changing its pay.
Types and forms of wages
The advantages of the hourly wage rate are that the number of hours actually worked is paid. This is beneficial for entrepreneurs in that when the economic situation of the company worsens, it can reduce the employee’s working time compared to a regular working day.
There are also such forms of wages as piecework (piecework) and time wage. The magnitude of the first depends mainly on the quantity of goods produced or work performed. Dependence is determined by calculating the price per unit of output. The data for calculation are the price of labor per day or hour and the rate of the quantity of products that an employee produces on average per day or hour.
The price per unit of goods can be calculated as follows: the hourly or daily price of labor must be divided by the rate of production.
As for piecework wages, as one of the varieties of the form of wages, it is necessary to establish a measure of the intensity (intensity) of the employee’s labor . This is done using the rate of production of the volume of goods, which is made by the employee for a specific time. Similar production rates are paid in a certain amount. That is, the more fruitfully an employee works and manufactures more products, the higher will be the payment for his labor.
Regarding the payment of working time, a number of theories are distinguished:
- performance theory;
- marginal productivity.
Pay for work is the price for a person’s labor.
Forms of salary:
- nominal - the amount of money that the employee receives for his work;
- real salary - means of subsistence that an employee can acquire with his own money.