CONSIDERATIONS ON THE PAY SYSTEM AND SOCIAL SECURITY IN SPAIN

In the current context of economic crisis which manifests the world can see a very important role of the pay systems and social security in economic and social life. Staff wages means establishing a salary entitlements owed to employees and their payment, as established at the end of collective or individual employment contracts. In Spain there are various collective agreements according to geographical areas and activities. A fair and balanced wage was and will remain a core area of human resource management, which has many implications for the quality of life, mood employees and position the entity is trying to establish a market. In this case we find that salary is perceived differently by the participants in the economic life. In employees conception salary is a main source of income and the entity is an operating cost. For these two concepts can highlight the dual nature of salary, wages in the concept of maximizing employee and employer minimize his conception.