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 [...]
The concept of HRD aims to keep the employees of organization continuously competent. Therefore, a conceptual framework, which provides to foresee problems would be useful, i.e., a pro-active model, rather than a reactive model would be relevant. The concept of HRD should be considered as a philosophy within which HRM should act along with the strategies of HRD. A model [...]
Learn about the key differences between HRM and Personnel Management. Personnel management is regarded to be more administrative in nature. Personnel management basically deals with the employees, their payroll and employment laws. On the other hand, Human Resources Management deals with the management of the work force, and contributes to an organization's success. Difference between HRM and Personnel Management Difference [...]