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Significance for individual enterprise: it can help the organization in accomplishing its goal by:
1. Creating right attitude among the employees through the effective motivation
2. Utilizing effectively the available human resources.
3. Securing willing co -operation of the employees for achieving goals of the enterprise and fulfilling their own social and other psychological needs of the recognition, love, affection, belongingness, esteem and self actualization.
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Effective Human Resources Management depends upon sound reward system”.
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