Tag Archives | Real Wage

10 Factors that influences real wages in cost accounting

Real wages are influenced by the following factors : 1. Purchasing Power of money 2. Extra Earnings 3. Additional Receipts in Kind 4. Working Hours 5. Regularity of Employment 6. Working conditions 7. Nature of the job 8. Future Prospects 9. Occupational Expenses 10. Relative Social Prestige.

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