DIFFERENCE IN AVERAGE SALARY

Difference in Average Salary between China and America

Difference in Average Salary between China and America

Introduction

The study relates to the difference in average salary between China and America. The study is selected as the salary has been a critical factor in the relationship between organizations and employees. Other important factors are undoubtedly in this relationship, but the salary has been the point, which motivates people. This is the concrete realization that China and America should have done over the years, despite all the changes taking place in this field.

The importance of salary between China and America can be analyzed from two different angles that is the perspective of the employee and the organization of the prism. Means for employee compensation, livelihood, living standards and recognition represents a cost to the organization and influence factor of organizational climate and productivity.

The study is selected as China and America should know the importance of salary; in this context, for a large part of the workers, salaries means their own subsistence and for many organizations payroll is the most important item of their costs. In fact, it is fairly common to find organizations in which the payroll is 30% or more in the cost of goods or services. It is known that the salary is not the only determinant of people's behavior at work. Other factors are present and the salary should be analyzed in this context (Martin, Lerong, 2011). For those who live paycheck, it has an important psychological significance that goes beyond issues such as purchasing power, for example. The salary has different meanings depending on the approach we give. If examined as to their ability to purchase the things we need and make reservations for future needs, we are thinking in its absolute value. If the analyzed keeping in mind their compatibility with the work we do, we will take other workers fatally by comparison, in the same organization or other. In this case, China and United States care about their relative value (Alicia, Daniel, 2007). In relation o this, the relative value of average salary between China and America is what usually generates more wear since the employee; the feeling of being wronged and discriminated produces an emotional effect much stronger than the feeling that your salary no longer allows to buy things as in the past.

It is necessary to know the status of employees and show that salaries cannot be linked to their consumption pattern. First, however, China and United States must be sure that the relative salary of the employee is correct. If the salary policy of the China and United States and there management are effective, this equation will be automatic and at the right time, regardless of complaints (Jack, 2011). Moreover, the relative value of average salary between China and America is the most complex part of the question and the salary administration in the courtiers that are China and United States, is concerned most of the time and demand that the instrumentation ...