Ads block
Factors Affecting Compensation System
The primary objective of a compensation system is to administer an effective and equitable pay system. It can be affected by various factors which are as follo…
Read more »
Concept & Meaning of Compensation Management
Compensation means the basic returns that an employee obtains from his/her work. Every organization offers a good compensation to attract and retain the ablest…
Read more »
Key to Successful Human Resource Manager
The HRM also deals in ensuring very good performance to their current staff and dealing with performance concerns. In addition, the HRM handles workers and man…
Read more »
Health & Safety of Workers
The life of industrial workers is full of risks and hazards. Every year thousands of workers are injured in factories and mines. The injuries may be caused as …
Read more »
Insensitive - Meaning & Types of Insensitives
Insensitive: • Monetary benefits paid to employees for outstanding performance. • Given in addition to wage & salary • Variable pay linked to performan…
Read more »
Benefits & Services - Meaning & Types of Benefits
Benefits are membership based rewards offered to all employees regardless of performance. • It should not be expected to motivate employees. • Absence of ade…
Read more »
Karsanbhai Patel - Success of Nirma
The Nirma success story of how an Indian Entrepreneur took on the big MNCs and rewrote the rules of business. It was in 1969 that Dr. Karsanbhai Patel started …
Read more »
Indian Billionaire Azim Premji - A Man Behind Wipro
Azim Hashim Premji, founder of Wipro Limited, India’s biggest and most competitive IT company based in Bangalore, was born on July 24th 1945 in Bombay. Premji…
Read more »
Difference between Job Evaluation & Performance Evaluation
Job Evaluation 1. The job is rated keeping in view such factors as responsibilities, experience, qualifications, skills, working conditions etc required for p…
Read more »
Dhirbhai Ambani - An Inspiration
Dhirubhai Ambani achieved what almost everybody would consider impossible. In a life spanning 69 years, he built from scratch India’s largest privately control…
Read more »
Stephen Hawking - Theoretical Physicist
- The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge. One of the greatest scientists living on the planet today, Stephen Hawkin…
Read more »
Establishing Pay Plans
Pay plan is concerned with assigning a monetary value to each job in the organization. Steps: 1. Job A nalysis: Process of describing the duties of a job, auth…
Read more »
Compensation - Meaning, Purpose & Determinants of Compensation Policy
Compensation: Compensation refers to all forms of financial returns, tangible service, and benefits employees receive as part of an employee relationship. -Mi…
Read more »
Popular MBA Entrance Exams in India
1. CAT: Common Admission Test by IIMs 2. MAT: Management Aptitude Test by AIMA 3. XAT: MBA Entrance Test by XLRI Jamshedpur 4. JMET: Joint Management Entra…
Read more »
Difference between B.Com (Honours) and B.Com (Pass)
A number of students get confused after their class 12th result, whether to opt for B com - Honours or B com - Pass. and why is it that the cut-off for one B.C…
Read more »
Management by Objective (MBO)
MBO is a process that converts organizational objectives in to individual objectives. Steps of Management by Objective (MBO) 1. Goal Setting: Generally super…
Read more »
Factors that can Distort Appraisals
• Leniency Error: Every evaluator has his or her own value system which acts as a standard against which appraisals are made. Some evaluator mark high and othe…
Read more »
Methods of Performance Evaluation
A) Relative Standards: Performance of individuals are compared against other individuals. Major relative standards major are: 1. Individual Ranking: superv…
Read more »
Performance Evaluation: Meaning, Purposes, Plans, Process & Uses
Once the employee has been selected, trained & motivated the next step of management is to find out how effective it has been at hiring and placing. The to…
Read more »
Career Development
Career development consists of personal improvements undertaken by the individual employee, training, development and educational programs provided by the orga…
Read more »
Career Planning: Meaning, Purpose and Process
A career is a sequence of positions occupied by a person during the course of a lifetime. - Decenzo & Robbins Career is a sequence of separate but related …
Read more »
MBA in Finance or M.Com - Which One is Better?
MBA with Finance specialisation and M.Com are two options for any commerce graduate. Each course has its own structure and focus, hence opting between the two …
Read more »
Why are you Leaving (or did you Leave) this Position?
Traps: Never badmouth your previous industry, company, board, boss, staff, employees or customers. This rule is inviolable: never be negative. Any mud you hur…
Read more »
Tell me about something you did – or failed to do – that you now feel a little ashamed of.
Traps: There are some questions your interviewer has no business asking, and this is one. But while you may feel like answering, “none of your business,” natu…
Read more »
Recruitment Methods
1.1 Internal Methods: • Job posting • Employee referral • Human resource inventory search 1.2 Internal Sources: • Present Employees: Promotion, transfers, jo…
Read more »
Factors Affecting Recruitment
These factors are divided into two main categories: 1. External Factors 2. Internal Factors 1. External Factors A) Supply and Demand: If the demand for a pa…
Read more »
Recruitment - Meaning and Concept
Recruitment is the process of searching for and obtaining applications so as to build a pool of job seekers from whom the right people for the right jobs may b…
Read more »
Job Analysis Process
According to Dessler, there are six steps in doing job analysis: 1. Decide how you will use the information: it helps to determine the types of data and meth…
Read more »
Methods of Collecting Job Information
1. Observation: Job analyst carefully observes the job holder at work and records what & how s/he does and how much time is needed for completion of given …
Read more »
Job Analysis - Meaning & Uses of Job Analysis
Job Analysis: The process of studying and collecting informations relating to the operations and responsibilities of a specific job. The immediate product of …
Read more »
How Can Small Businesses/Websites Compete with Big Players in SEO?
As a small website or business, having a Top SEO Agency by your side can prove to be indispensable when taking on big competitors. Although taking on big playe…
Read more »
