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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.
Initiating corrective action if any: the last step in the process is to initiate corrective action is of two types: 1. The one which puts out the fire immediately: employee can
Name the two dimension of Knowledge Retrieval The Gartner group presents the KR function along two dimensions: a) A semantic and b) A collaboration dimension. In the f
Leading groups and teams Although leadership is discussed in detail in a following unit, we will briefly touch upon issues here that are specific to teams: leadership functions
"Effective HRM depends upon sound reward system"
Define Feedback Process in Communication? Lets the sender understand how the message is received helps the receiver confirm whether their perception of the message
What approaches to justifying the investment might Silvia consider
EFFECTIVE HRM DEPENDS UPON SOUND REWARD SYSTEM "COMMENT..?
Explain Downward, Upward and Horizontal Flow of Communication? i) Downward flow - flows from executives to employees, sharing executive decisions and providing information that
As China continues to modernise and allow more scope for capitalist forms of market exchange, a growing number of modern-style supermarket chains are emerging to cater for the more
discuss that technological break through has brought radical changes in HRM?
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