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Fayol’s Principles of Management

Henri Fayol was a prominent scientist who was considered to be among the first few who laid a foundation for scientific management. He gave us 14 principles of Management which are ...

What are the 10 managerial roles?

According to Henry Mintzberg, there are ten managerial roles. Of these, there are three interpersonal roles. These include being a figurehead, leader, and also a liaison. Further, ...

Performance appraisal methods

With the right performance appraisal method, organizations can enhance employee performance within the organization. A good employee performance review method can make the whole experience ...

Job Evaluation Methods

There are non-analytical and analytical job evaluation methods that are employed by the organizations to realize the worth of a set of jobs. Non-analytical Job Evaluation Methods Ranking ...

Modern Methods of Performance Appraisal

Management by Objectives: This concept was given by Peter.F.Drucker, according to him, the performance of an employee can be assessed on the basis of the targets achieved by him as ...

Objectives of Performance Appraisal Process

=> To promote the employees, on the basis of performance and competence. => To identify the requirement for training and development of employees. => To provide confirmation to those ...

Causes of Employee Attrition

There are several reasons why employees consider the option of moving out of the current organization. Some of the main reasons why attrition amongst employees exist are as follows: 1. ...

Taylor’s Principles of Scientific Management

Science, Not Rule of Thumb Taylor strongly believed that one has to ascertain management with scientific precision rather than sticking to the decision making of the management. He ...

Types of Bonus

1. Performance Bonus: This kind of bonus is given to employees based on their performance in a given period e.g. year or quarter 2. Festival Bonus: This type of bonus is linked to ...

360-Degree Feedback

360-degree feedback has become a hot topic in the HR sphere. This is especially true with the increased focus on the importance of an organization’s appraisal process in driving ...
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