Salary is the engine of progress in any production. Its size is one of the main indicators of success and profitability of the enterprise.
Salary is an incentive (usually in the form of money), which is accrued by the owner of the enterprise in accordance with the employment contract and paid to the employee for the work performed upon the fact.
When an employee concludes a contract or an employment contract, the owner of the enterprise must familiarize him with the terms of payment of labor and the reasons on the basis of which deductions can be made.
The employee shall be obliged to notify the employee of the new conditions of remuneration of labor or the replacement of the existing ones in the direction of deterioration no later than two months before the date of change or implementation.
On a monthly basis, when paying salary, the owner is obliged to notify the employee of the following data for the period of remuneration: the total amount of salary, the grounds and amount of deductions, the amount payable.
The amount of salary depends on the degree of complexity and working conditions, professional and business qualities of the employee, the results of his work and the type of activity of an individual enterprise.
Salary concept
Salaries at enterprises are formed of three types of accruals (basic and additional salaries, other payments), which are paid to all employees for the work done.
The basic salary is an incentive (usually in the form of money) for labor activity in accordance with the approved labor standards (development, maintenance, time, official and official duties). It is set in the form of a salary (tariff rate) and piecework rates for workers and official salaries for employees and managers.
Additional salary is an incentive (usually in the form of money) for work performed that is performed in excess of approved standards, for success in work, academic degree, novation, or for special working conditions. It may take the form of surcharges, bonuses, compensation and guarantee payments related to the performance of certain tasks and functions in the workplace.
Other payments are presented in the form of remuneration, bonuses, compensations and other material or monetary payments that are not provided for by labor legislation.
Determination of the minimum wage
The minimum wage is the amount of wages defined by law, which is formed due to downtime or unskilled labor. Below this amount, payment for the work rate (monthly, hourly) performed by the worker cannot be made.
The minimum wage does not include surcharges, allowances, compensation and incentives. The minimum wage is a social state guarantee, which is mandatory for all enterprises.
Organization of payroll
The basis for organizing the payment of wages in production is the tariff system, which consists of tariff networks, rates, salary schemes, as well as tariff and qualification directories.
This payment system is intended for the distribution of types of work by level of difficulty, and workers - depending on qualifications and categories on the tariff scale.
Salaries to employees of enterprises are issued only in banknotes that have legal circulation in the country. The issuance of debt instruments and receipts is prohibited.
Salaries are paid at the place of work. But with the written consent of the employee, salary can be paid through the bank or by postal order to the account indicated by him.
Wage Payment Terms
Calculation and payment of salaries should be carried out in a timely manner in accordance with legislative acts, regulatory documents, state, regional and sectoral agreements, labor and collective agreements.
The payment of salaries to each employee should be carried out regularly. Wages must be paid on business days on the dates approved by the collective agreement. This payment must be made twice a month (with an interval of not more than 16 days, taking into account the weekend).
If the day of issue of the salary coincides with the holiday, day off or non-working day, then it must be paid the day before. Wages for the entire vacation period should be issued to employees no later than three days before it begins.
Salary Guarantee
The labor activity of the employee must be paid in accordance with its quality and quantity. In production, there are times when an employee is distracted from direct labor duties, because of which his wages may be reduced.
For such cases, the law defines the guarantee of salary. These include annual leave, the period of fulfillment of state duties, advanced training time, days of medical examination and others.
Sources of material resources for wages
Sources of funds for the payment of wages to workers of all self-supporting organizations and enterprises is a certain part of the income and other funds that were received as a result of their activities.
For organizations and institutions financed from the state budget, these funds are allocated from the respective budgets, as well as from a part of the income that was received as a result of the activities of other sources.