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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
Respected sir I am writing this letter to my friend.He has been working in an organization, and in probation . Due to some emergency reasons he had to go to his country. company
Determine the strategies of knowledge management The following are some of the KM strategies: Viewing KM as a business strategy; Transfer of knowledge and best practices;
Selection: it is the process of ascertaining the qualifications, experience, skill knowledge etc of an applicant with a view to appraising his or her suitability to a job appraisi
effective human resources management depends upon sound reward system
evaluate guest model in relationship to today''s organizations
Q. What do you mean by Ranking method? Ranking method: in this, the superior ranks his or her subordinates in the order of their merits, starting from the best of the worst. Al
“Borderless world, Diversity Management, and Knowledge power, are some of the overarching factors being encountered by the Human Resource Mangers of 21st century business world”. H
as a facilitator or organizer
Disadvantages of time wage system: 1 it does not take into account the fact that men are of different abilities and that if all the persons are paid equally better workmen will
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