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Optimizing cost of the compensation: compensation management is aims at optimizing cost of the compensation by establishing some kind of linkage with performance and compensation. It is not necessary that higher level of wages and salaries will bring higher performance automatically but depend on the type of the linkage that is established between performance and the wages and salaries. Compensation management tries to attempt at this.
Q. Show the Direct methods of requirements? Direct methods: Direct methods include sending travelling recruiters to educational and professional institutions, employee's contac
Human resource approach: this approach calls for treating every employee as a resource and an asset to the organization. An analysis of the cause is made, to find out whether indi
Organising your information It is one thing to take effective notes, but you also need to organise this mass of information you have gathered from your reading so that it helps
Question 1: (a) Define the term „piece-rate system? and describe 4 contexts in which it can be considered suitable. (b) What is Performance-related pay and discuss its adva
Q. What is the role of Advisor? Advisor: it is said that the personal management is not a line responsibility but a staff function. But a personal manager performs his funct
Question 1: a) Define and explain the term ‘recruitment.' b) As the Human Resource Manager of an organisation, what arguments will you put forward to convince your col
Q. Show Selection of applicants in requirements? Selection of applicants (application blanks): prospective employees have to fill up some sort of applications forms. These form
‘Rockers' is a small recording studio established four years ago, which is owned and operated by a group of twelve people. The group has been working together amicably and successf
types of winding up of companies
Placement: after all the formalities are completed, the candidates are placed on their jobs initially on probation basis. The probation period may range from 3 months to 2 years. D
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