Question 1 • What are the determinants for ordinary wage and how is it determined? Answer 1 The Supreme Court defined ordinary wage as ‘money and valuables given to workers for his/her prescribed work regularly and uniformly in a pre-determinable… Continue Reading
Recognizing the rapidly changing business environment, the KEF has held an annual Top Management Forum since 1981, to present new visions and assist member companies in development of corporate strategy. The Forum, widely-known for its scale and influence, has been… Continue Reading
A. Determination and Calculation of Ordinary Wage The Supreme defined ordinary wage as ‘money and valuables given to workers for his/her prescribed work regularly and uniformly in a pre-determinable manner. Regularity: wages paid periodically may constitute ordinary wage even… Continue Reading