In Indonesia, there are a number of factors that determine proper wages. The most important of these factors are the level of education and experience of the worker, the skills and abilities of the worker, the type and size of the business, the prevailing market conditions, and the geographical location of the business.
The level of education and experience of the worker is one of the most important factors that determines proper wages. A worker with a higher level of education and more experience will typically be paid more than a worker with a lower level of education and less experience. This is because the worker with more education and experience is more skilled and has more abilities than the worker with less education and experience.
The skills and abilities of the worker are also important factors that determine proper wages. A worker who has more skills and abilities will typically be paid more than a worker who has less skills and abilities. This is because the worker with more skills and abilities is more productive and can contribute more to the business than the worker with less skills and abilities.
The type and size of the business is another important factor that determines proper wages. A business that is larger and more complex will typically pay its workers more than a business that is smaller and less complex. This is because the workers in the larger and more complex business are more skilled and have more abilities than the workers in the smaller and less complex business.
The prevailing market conditions are also important factors that determine proper wages. When the economy is booming and there is a lot of demand for workers, businesses will typically pay their workers more than when the economy is in a recession and there is a lot of unemployment. This is because the businesses want to attract the best workers and keep them from leaving for other businesses.
The geographical location of the business is also important factor that determines proper wages. A business that is located in a high-cost area, such as a major city, will typically pay its workers more than a business that is located in a low-cost area, such as a rural area. This is because the cost of living is higher in a major city than in a rural area.
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What factors determine wages?
What factors determine wages?
There are a number of factors that can contribute to how much somebody is paid. Some of these factors include:
-Education and experience: generally, the more education and experience somebody has, the more they will be paid.
-Skills: people with certain skills, such as those in high demand, can often command a higher wage.
-Location: wages can vary depending on the city or town where somebody lives and works.
-Company size: wages can also vary depending on the size of the company. Larger companies often pay more than smaller companies.
-Industry: wages can vary depending on the industry a person works in. For example, people working in the mining industry often earn more than those working in the retail industry.
There are a number of other factors that can also influence wages, such as union membership and the availability of jobs.
So, what factors determine wages? There are a number of them, but some of the most important ones include education and experience, skills, location, company size, and industry.
What is a livable wage in Indonesia?
What is a livable wage in Indonesia?
A livable wage is the amount of money needed to provide a person with a reasonable quality of life. In Indonesia, the livable wage is determined by the cost of living in a particular area and the wages available in that area.
In general, the livable wage in Indonesia is much lower than the minimum wage. The minimum wage in Jakarta, for example, is 2.2 million rupiah (about $160) per month. However, the livable wage in Jakarta is estimated to be about 4.5 million rupiah (about $325) per month. This means that, in order to live comfortably in Jakarta, a person would need to earn more than the minimum wage.
The livable wage varies from city to city in Indonesia. In smaller cities, the livable wage is typically lower than in larger cities. This is because the cost of living is lower in smaller cities and the availability of jobs is lower as well.
There is no single answer to the question of what is a livable wage in Indonesia. The livable wage depends on the individual’s needs and the cost of living in the area where they live. However, in general, the livable wage in Indonesia is lower than the minimum wage.
What is the Labour law in Indonesia?
The Labour law in Indonesia is a comprehensive law regulating the relationship between employers and employees. It sets out the rights and obligations of both parties, and provides for a range of protections for employees.
The Labour law covers a wide range of issues, including the minimum wage, working hours, holidays and leave, redundancy, and dismissal. It also sets out specific protections for workers in certain sectors, such as construction workers, miners, and domestic workers.
The Labour law is enforced by the Ministry of Labour, which has the power to investigate and prosecute breaches of the law. Employees who are wrongfully dismissed, for example, can file a complaint with the Ministry and may be entitled to financial compensation.
What are the factors which affect wages and salary?
There are many factors that can affect someone’s wages or salary. Some of these factors may be within the individual’s control, while others are not.
One major factor that can affect wages is experience. Someone with more experience in a certain field is likely to earn a higher wage than someone with less experience. Related to this, someone who has special skills or training may also be able to command a higher wage.
Another important factor is location. People who live in high-cost areas, such as major cities, are likely to earn more than those who live in rural areas. This is because the cost of living is typically higher in cities.
Industry is another factor that can affect wages. People who work in certain industries, such as technology or healthcare, may earn more than those who work in other industries.
Finally, the company someone works for can also affect their wages. Employees of large, well-known companies may earn more than those who work for smaller companies. This is because these companies can afford to pay their employees more.
There are many factors that can affect someone’s wages or salary. Some of these factors are within the individual’s control, while others are not. It is important to be aware of these factors so that you can make the most of your earning potential.
What four factors cause wages to differ?
There are many factors that can influence how much someone is paid for their work. In general, wages are determined by the value of the work that is done, the supply and demand for workers in that particular field, the company’s ability to pay, and the worker’s skills and experience.
The most important factor that determines wages is the value of the work that is done. If a job is highly specialized or requires a lot of training, then the company will be able to pay a higher wage because it is difficult to find someone with the right skills. In contrast, jobs that are easily replaced or don’t require much training tend to have lower wages.
The supply and demand for workers is also an important factor in wage determination. When there is a lot of demand for workers in a particular field, companies can afford to pay higher wages to attract the best employees. Conversely, when there is a lot of supply of workers, companies will offer lower wages to attract employees.
Company size is another factor that can influence wages. Larger companies are often able to pay more than smaller companies because they have more resources. Similarly, companies in high-demand industries can afford to pay more than companies in low-demand industries.
Finally, worker skills and experience are also important factors in wage determination. Workers who are more skilled or have more experience can demand a higher wage. Conversely, workers who are just starting out in their careers will likely start out with lower wages.
There are many factors that influence wages, and no single factor is the most important. In general, wages are determined by the value of the work that is done, the supply and demand for workers in that particular field, the company’s ability to pay, and the worker’s skills and experience.
What is Indonesian minimum wage?
Minimum wage is the lowest wage that an employer can legally pay an employee. Indonesia has a minimum wage that is set by the government. The current minimum wage in Indonesia is Rp. 3,000,000 per month. This amount is set for employees in Jakarta. The minimum wage is different in each province in Indonesia.
The purpose of a minimum wage is to ensure that all employees are paid a fair wage. A minimum wage also helps to prevent poverty. The minimum wage in Indonesia is set at a level that is considered to be a living wage. This means that it is enough to cover the basic needs of an individual or a family.
The minimum wage in Indonesia is reviewed and updated on an annual basis. The amount is adjusted based on the cost of living and the rate of inflation. The minimum wage may be increased or decreased depending on the circumstances.
Employers in Indonesia are required to pay their employees the minimum wage. If an employer does not pay the minimum wage, they can be fined by the government. Violating the minimum wage law can also result in a prison sentence.
The minimum wage in Indonesia is a good starting point, but it is not always enough to cover the basic needs of an individual or a family. In some cases, it may be necessary to supplement the minimum wage with other sources of income. There are a number of programs and services available that can help people to make ends meet.
The minimum wage in Indonesia is an important safeguard for the workers in the country. It ensures that everyone is paid a fair wage and it helps to prevent poverty. The minimum wage is reviewed and updated on an annual basis to ensure that it is keeping up with the cost of living.
What is the legal minimum wage in Indonesia?
The legal minimum wage in Indonesia is set by the government and is reviewed and revised every two years. As of 2019, the minimum wage in Indonesia is IDR 3,600,000 per month, or IDR 432,000 per day.
The minimum wage in Indonesia is intended to provide a basic standard of living for workers and their families. It is not enough to support a family on its own, but it is a start.
Workers who are not paid the minimum wage are entitled to file a complaint with the government. The government will investigate the complaint and may take action against the employer.
Employers are not required to pay the minimum wage to workers who are employed in the informal sector. The informal sector includes workers who are self-employed or are employed by a family member.
The minimum wage in Indonesia is one of the lowest in the world. In comparison, the minimum wage in the United States is USD 7.25 per hour.