Everything you need to know about the factors influencing wage and salary administration. 'Wage and Salary Administration' refers to the establishment and implementation of sound policies and practices of employee compensation. It includes such areas as job evaluation, surveys of wages and salaries, analysis of relevant organisational problems, development and maintenance of wage structure, establishing rules for administering wages, wage [...]
Everything you need to know about the principles of training. Training is a continuous process. It involves lot of time and expenditure. It is therefore essential that training programme be organised after due consideration. Training programme should be prepared in the light of the requirements of the organisation as well as the trainees. Training is a process. It is continuous. [...]
Everything you need to know about potential appraisal. The potential appraisal is a future-oriented appraisal to measure the potentiality of an employee for future higher positions. The potential appraisal refers to the identification of hidden talents and skills of a person. The person might or might not be aware of them. To express it in simple words, performance appraisal is [...]