Tag: Employee management
Business Environment
Concepts of Job Analysis Of the various problems connected with the personnel, problems relating to selection, placement, training, promotions and determination of wage rates can be effectively solved only …
Business Management
Introduction Job evaluation in a firm aims in measuring only the relative worth of jobs or positions. In other words, the technique does nothing to ascertain the actual performance …
Business Management
Ways to reduce Labour Turnover A company can reduce labour turnover in the following six ways. Adequate Statistical Control Scientific System of Recruitment, Selection, Placement and Follow Up Job …
Cost Accounting
Characteristics or Features of Sound wage system A sound wage system has the following characteristics. 1. Fairness in paying wage Reasonable wages should be paid to the workers. Wage …
Cost Accounting
What are Overtime and Overtime wages? Overtime is beyond the normal working hours spent by workers to do the extra work or to complete the incomplete work. Overtime wages …
Business Environment
Causes of Labour Turnover The problem of labour turnover cannot be solved if the causes of labour turnover are not known to the organization. Moreover, the causes of labour …
Services Marketing
Benefits of employee empowerment Research has proved that there are several positive benefits in empowering front line employees. David Bowen and Edward Lawler have pointed out the following benefits …
Business Management
Types of Tests commonly used for recruitment in firms So far, a wide variety of tests have been devised by the industrial psychologists. But a detailed study of various …
Management
Measuring the morale of the workers to find out whether it is increasing or diminishing is a very difficult task. However, there are certain tests which can be employed …
Marketing
In contrast to the internal recruitment, the term external sources of staffing indicate the sources of recruitment outside the enterprise. The persons recruited from outside sources are, thus, unknown …
