Succession planning is "the process of ensuring a suitable supply of successors for current and future senior jobs arising from business strategy so that the careers of individuals can be planned and managed to optimise the organisations' needs and individuals' aspirations". The growth and development of an organisation requires a succession of people to fill various important positions in the [...]
Cross-culture training is another way of managing diversity in an organisation. It has been the main method used for facilitating effective cross-cultural communication and interaction. Cross-cultural training was defined as a procedure or practice used to increase an individual's ability to cope with cross-cultures and perform well in a new cultural environment. Cross-cultural training contributes in increasing ability of employees [...]
Wage may differ in different types of employment, occupation, from industry to industry, between person to person in the same grade or level, from state to state or from country to country. These differences are termed as wage differentials The wage differentials help in building the wage structures for various levels and types of jobs in an organization, as they [...]