Steps in Setting Pay / Compensation Organizations establish pay rates taking into account all above-mentioned issues and follow five steps : 1) Conduct a pay survey of what other employees ...

Definition: The Compensation is the remuneration given to the employees for the work they do for the organization. In other words, an employee is entitled to both the financial and ...

Before reading the compensation management topic, one should know the impact of compensation system on the organisation and its gravity if it is not managed effectively. First and last ...

Major HR Management Activities 1. Strategic HR Planning and Analysis a) HR Planning : Human resource planning is the continuous process of systematic planning to achieve optimum use ...

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: (adsbygoogle ...

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 ...

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 ...

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 ...

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 ...

Mentoring focus on attitude development Conducted for management-level employees Mentoring is done by someone inside the company It is one-to-one interaction It helps in identifying ...