Learn about the key differences between Strategic HRM and HRM. Strategic HRM is different from conventional HRM (also called as technical HRM). The major difference between the two lies in terms of linking HR strategy with organizational strategy. Strategic HRM establishes high linkage between HR strategy and organizational strategy. It contributes to organization's strategic management at all three levels- strategy [...]
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 [...]