Theories of Compensation
1. Reinforcement and Expectancy Theory: This theory is based on the assumption that, the reward-earning behavior is likely to be repeated, i.e. an employee would do the same thing ...
Cross-functional team
A cross-functional team is a group of people with different functional expertise working toward a common goal. It may include people from finance, marketing, operations, and human ...
Factors affecting span of control
These are the factors affecting span of control:
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1. Geographical dispersion, if the branches of a business are widely ...
Span of control
Span of control is the term now used more commonly in business management, particularly human resource management. Span of control refers to the number of subordinates a supervisor ...
Employer Branding
Employer branding is a term which means that companies market themselves and create a brand so as to attract the top talent after becoming preferred employers. Employer branding creates ...
Competency Modeling
Competencies involve the knowledge, attributes and skills that employees are supposed to maintain in an organization for successful accomplishment of their assigned responsibilities. ...
Competency Management
The word ‘competency’ has its roots in a Latin word ‘competentia’ that implies “having the right to speak” or “being authorised to judge”. Thus, they are abilities, ...
Benefits of MBO
=>> Management by objectives helps employees appreciate their on-the-job roles and responsibilities.
=>> The Key Result Areas (KRAs) planned are specific to each employee, depending ...
Process of Manpower Planning
HR department of every company has to constantly keep an eye on the human resources that the company has. With every possible event like change industry dynamics, increase in business ...
Manpower Planning
Manpower planning is the process of estimating the optimum number of people required for completing a project, task or a goal within time. Manpower planning includes parameters like ...
