Descriptions of Compensation & Benefits

(adsbygoogle = window.adsbygoogle || []).push({}); Compensation can be linked to business structure and employee recruitment, retention, motivation, performance, feedback, and satisfaction and are typically among the first things potential ...

Compensation & Benefits

(adsbygoogle = window.adsbygoogle || []).push({}); When most people hear the term compensation they think about “what a person is paid”. Although this is true, it is only one aspect of a complex topic. Compensation includes ...

Compensation & Benefits

Compensation and benefits refers to the compensation/salary and other monetary and non-monetary benefits passed on by a firm to its employees. This can include various components: Fixed pay : This is the basic salary paid to the employee irrespective ...

Activities of HRM

Major HR Management Activities 1. Strategic HR Planning and Analysis a) HR Planning b) Job Analysis : Information is the basic material used by an industry for many kinds of job related planning. Nature of job information varies from industry to industry, ...

Function of HRM

Human resource management performs quite a few useful functions in order to achieve its objectives. These functions have been categorized by Decenso and Robins as: 1. Acquisition: The acquisition function begins with HR planning. Relative to human ...

Objectives of HRM

The needs and desires of the employers and also of the employees have been rapidly changing over the decades and for various practical reasons the human resources have become the most important of all the resources used in industries and utilities ...

Human Resource Management

One of the most important resources of an organization is its people. Employees supply the talent, skills, and creativity and exert the effort and leadership that contribute to the level of performance of the organization. Effective use of human ...

Human Resource Management Model

The Human Resource Management model contains all Human Resource activities. When these activities are discharged effectively, they will result in a competent and willing workforce who will help realize organizational goals. There is another variable ...

Accrued benefits

Total amount of a pension plan as on a specified date, whether or not the employee is eligible to access it. Accrued benefits are determined in accordance with the terms of the pension plan, and are based on the plan participant’s salary package ...

Career Management

Career: Career can be defined as a general course of action a person chooses to pursue throughout his or her working life We may define career as the “occupational positions a person has had over many years.” Many people look back on ...
© 2017 Human Resource Management. All rights reserved.