1. Flat Pay: The flat rate or straight basis of pay is common in unionized firm where wages are established by collective bargaining. For example, all clerk typist might be paid Tk. ...

Compensation includes two things: 1) Direct financial compensations which is typically made in cashable form that reflect direct work related compensation such as base pay, wages and ...

Transfer of employee is regularly done for the multi-various purposes, some are positive and some are negative. Generally, transfer is a development tool by which employees are made ...

Entrepreneurship can be extremely fulfilling and rewarding. You are your own boss and have the satisfaction of seeing your business grow as your reputation spreads and you gain new ...

Human resource management is an integral part of general management. Man Power or Human Resource is one of the seven ‘M’s that managers use. Human resource management is ...

A simple and effective formula for structuring your response: present, past, future. (adsbygoogle = window.adsbygoogle || []).push({}); Present: Talk a little bit about what ...

Operative Functions 1. Recruitment: This is the most challenging task for any HR manager. A lot of attention and resources are required to draw, employ and hold the prospective employees. ...

When you are starting a side business or new company, it is easy to let the new venture soak up every waking hour. In our hearts we know failure is not an option. Our income is dependent ...

The practice of hiring employees on a need basis to meet employer’s additional staffing needs during peak business periods. Normally, a casual employee is paid only for the time ...

Compensation that is granted to upper echelon employees, directors, consultants and related parties that is not fully disclosed in mandatory company filings. In some cases of camouflage ...