Dos and Don’ts
1. Do carefully craft the design of the plan to the specific needs of the organization.
It is almost impossible to borrow any other organization’s design. For the plan to have a solid ...
Global Human Resource Management
The internationalization of business has proceeded at a rapid pace as the world has become a global economy. Many U.S. firms receive a substantial portion of their profits and sales ...
Five ways to conduct informal employee checks
Background and reference checks have become the golden rule of hiring in large companies due to instances of fraud or inflated cvs, but come with heavy costs. ET shares how one can ...
Principal responsibilities of the human resources executive
Formulate and recommend human resource objectives for inclusion in the organization overall objectives.
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Objectives help ...
Process of Socialization
Socialization process may be short or long. If the entrants can adjust with the environment the process may be short. Otherwise it may be along. It depends on the will and ability to ...
Induction of Employee
This is the last activity in relation to a newly employed person before he is trained for his job.
Induction Meaning: Induction of Employee is the first step towards gaining an employees’ ...
Why policies are important
Policies serve several important functions:
Communicate values and expectations for how things are done at your organization
Keep the organization in compliance with legislation and ...
Strikes
Strike is a very powerful weapon used by trade unions and other labor associations to get their demands accepted. It generally involves quitting of work by a group of workers for the ...
Two objectives influence executive compensation
Two objectives influence executive compensation:
<=1=> Ensuring that the total compensation packages for executives are competitive with the compensation packages in other firms ...
What Are the Components of Executive Compensation?
=> Base salary
=> Incentive pay, with a short-term focus, usually in the form of a bonus
=> Incentive pay, with a long-term focus, usually in some combination of stock awards, option ...
