Tag: COMPENSATIONAL MANAGEMENT

A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some jurisdictions the term …

After investing money in a project a firm wants to get some outcomes from the project. The outcomes or the benefits that the investment generates …

The time value of money (TVM) is the concept that money available at the present time is worth more than the identical sum in the …

A grievance is any dissatisfaction or feeling of injustice having connection with one’s employment situ­ation which is brought to the attention of management. Speaking broadly, …

Employees are human beings and they have certain expectation, assumptions, norms, values and represent their culture. If the management or organization doesn’t respect their human …

Performance Appraisal Methods: Traditional and Modern Methods Each method of performance appraisal has its strengths and weaknesses may be suitable for one organization and non-suitable …

Succession planning is the process of developing talent to replace executive, leadership or other key employees when they transition to another role, leave the company, …

Effective HRM encompasses career planning, career development and succession planning. An organization without career planning and career development initiatives is likely to encounter the highest …

TRANSFER A transfer refers to lateral movement of employees within the same grade, from one job to another. According to Flippo “a transfer is a …

Importance of Human Resource Management Human resources are the valuable assets of the corporate bodies. They are their strength. To face the new challenges on …