Wages and salaries – the payment received for performing work – are a major component of the compensation and reward process, which is aimed at reimbursing employee for their work and motivating them to perform to the best of their abilities. In addition no pay, most employee receive benefits such as health insurance and paid holidays, and they receive nonfinancial rewards such as security, recognition, and privileges. Although individual employee very in the extent to which they value pay in relation to other work rewards, for most people the pay received for work is a necessity. Thus the wage and salary program of any organization is a vital concern to the employees within it.