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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.
Quantitative data: Quantitative data is expressed in numbers. It comprises measurements of variables which, by statistical analysis, can be organised - totalled, averaged, etc
Question: Suppose you are the Human Resource manager of a well established garment manufacturing enterprise. a) Because of a sudden increase in demand for your product, you
Purposes and importance of the recruitment: The general purpose of the recruitment is too positive providing a pool of potentially qualified job candidates. Specifically, the
Question 1: Enumerate the factors underlying increased interest in making human resource planning. Question 2: (a) Identify and explain the elements of an effective
What are the development phase of Human resources management concept?
Question 1: The Point-Rating System is the most appropriate method of Job Evaluation. Discuss. Question 2: (a) Explain Performance-Related-Pay (PRP) and what are its
WRITTEN COMMUNICATION : The communication process that involves written media, i.e. paper is called written communication. It involves distribution and delivery of papers. Two bas
What are the elements of Personnel
Selection of a training method: the selection of an appropriate method depends upon the following six factors: 1. Nature of the problem area: the choice of the training method
Ms.Varuna Agarwal is the HR Manager of Milestones Pvt Ltd. She wants to ensure that employee discipline is well maintained. What are the important principles that have to be obse
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