Selected Actual Aspects of Employees Remuneration in Small and Medium-Sized Companies

Employees´ remuneration is one of the most important aspects of personnel administration in a company. Its scope often depends on company size and subject of its activities. Large companies usually dispose with sufficient amount of qualified staff and their procedures in this area are usually properly sophisticated. Small and medium-sized companies due to their specific features even in this area can provide remarkable characteristics which are necessary to be researched. The article deals with actual aspects of small and medium sized companies´ employees´ remuneration. It contains basic theoretical resources concerning employees´ remuneration, introduces basic legislative regulations which are followed by Slovak employers when they set up remuneration for the work done, defines individual forms and types of wages, pays attention to an institute of minimum wage. Minimum wage in Slovak republic is confronted with other EU countries as amount in EUR, type of rate and coverage. Minimum wage is a significant instrument of price and income policy, influences employer´s remuneration in all branches. Amount of minimum wage is connected not only with salary policy in enterprises as basic gross wage involved in their wage system, but is also connected on funds paid to social and health insurance and with a lot of various acts and codes. With raise of the minimum wage amount raise costs of employers, but only in case they pay their employees on its level. Significant problem is relation between wage increase and advance in the labour productivity. This paper presents the results of author´s own research which was carried out in the second quarter of 2009. The respondents provided their opinions concerning employees´ remuneration, presented their attitudes towards wages, funds contributions and actual situation in this area in the period of economic crisis. The results of research are processed and arranged in general tables and graphs.