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Q. Describe Priest man bonus plan?
Priest man bonus plan: under this system productivity of all the workers is taken into account. In case, during a year, the o/p rises either above the standard o/p or the previous year, the wages of the workers are increased in the same ratio. Thus, if in 1978 the o/p the per (man hour o/p) on the average, 11 units the wages in 1979 would be 10 per cent higher than in 1978.
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Recession If the GDP is decreases by two quarters in a row of the year the economy is in recession. A recession indicates that there may be an accompanying decrease in demand f
EFFECTIVE HRM DEPENDS UPON SOUND REWARD SYSTEM
Effective HRM depends upon sound reward system
Question 1: You are the manager of a firm selling shirts. Explain how you would employ the concepts of elasticities to make key managerial decisions. Question 2: What
Question 1: The International Human Resource Management literature uses four terms to describe multinational enterprises' approaches to managing and staffing their subsidiarie
Constructive programme of discipline: Some of the employees, for various reasons, deviate from the expected standards of behaviour. Hence, it becomes essential to have constru
HOW DOES SELECTIVE PERCEPTION AFFECTS ORGANIZATIONS?
What are the development phase of Human resources management concept?
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