Individual incentive

The oldest form of compensation is the individual incentive plan, in which the employee is paid for units produced. Today, the individual incentive plan takes several forms: piecework, ...

Payment for time worked

Employees can be paid for the time they work, the output they produce, or a combination of these two factors. The great majority of employees are paid for time worked, in the form of ...

Components of Remuneration

An employee in the organized sector is entitled to several benefits both financial as well as non-financial. To be specific, typical remuneration of an employee comprises wages and ...

Learn to say ‘No’

Many people struggle to say no to friends or at work when they are given additional tasks because we like to please and be seen as capable. But if you have too many demands and no more ...

Function of Managers

There are five functions of managers: (adsbygoogle = window.adsbygoogle || []).push({}); Planning, Organizing, Staffing, Leading, and Controlling. The functions of managers provide ...

Common questions & answer for a job interview

Interview questions are so common, hiring managers will expect you to be able to answer them smoothly and without hesitation. Don’t need to memorize the answers, but should think ...

What is the Span of Control?

Span of Control can be defined as the total number of direct subordinates that a manager can control or manage. The number of subordinates managed by a manager varies depending on the ...

Objective Vs. Subjective Performance Appraisals

Organizations must choose the degree to which performance appraisals are to be objective (evaluating performance against specific standards) versus subjective (evaluating how “well” ...

Consideration for effective interview

Interview can be made effective if following considerations are kept in mind. 1. Prior knowledge about the applicant can bias the interviewer’s evaluation. 2. The interviewer often ...

Guideline for an effective interviewer

Interview can help us to better assess the candidate, as well as be a valuable vehicle for relaying information to prospective employees. For anyone who interviews prospective job candidates, ...
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