Everything you need to know about the the concept of wages in HRM (with minimum wages calculation). Wages may be used to describe one of the several concepts, including wage rates, straight time average hourly earnings, gross average hourly earnings, weekly earnings, weekly take home pay and annual earnings. Money paid to the workers is considered as wages. The wage [...]
In this article we will discuss about the various forms of employee separation. Learn about: 1. Natural Separations 2. Employee-Initiated Separations 3. Employer-Initiated Separations 4. Downsizing 5. Layoff 6. Retrenchment 7. Suspension 8. Dismissal 9. Exit Interviews 10. Retirement 11. Superannuation 12. Resignation. Also learn about:- 1. Retirement 2. Employee Death 3. Company Closure 4. Employee Resignations 5. Voluntary Retirements [...]
Everything you need to know about job analysis. A job is a collection of task, duties and responsibilities of the employee, which established assignment of an employee to the organisation. After the employee planning process, the next logical step is that of work analysis and design. Job analysis is the process of studying and collecting information relating to the operations [...]