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Answer the Following Question: Define Remuneration. - Business Studies

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प्रश्न

Answer the following question:

Define remuneration.

परिभाषा

उत्तर

Remuneration refers to the wage or salary paid to workers in cash or kind in consideration of the services rendered by them. Wages help the business to attract, retain and motivate efficient workers. A good system of remuneration should be simple, equitable, economical and flexible.

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Staff Remuneration
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2017-2018 (March) Set 1

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