In this article we will discuss about the objectives of performance appraisal. A performance appraisal is a process of evaluating an employee performance on a job in terms of its requirements. Employee appraisal or personnel performance appraisal is a systematic evaluation of a workers performance and potential for development. A sound or objective system of employee appraisal is indispensable for [...]
Everything you need to know about the advantages, disadvantages, benefits and limitations of job evaluation. Job evaluation is the evaluation or rating of jobs to determine their position in the job hierarchy. The evaluation may be achieved through the assignment of points or the use of some other systematic method for essential job requirements, such as skills, experience and responsibility. [...]
In this article we will discuss about the various components of employee compensation. Employee compensation is one of the most strategic and important functions of human resource management. It continues to evolve as part of a system of all the combined rewards that employers offer to employees. Components of compensation means components of remuneration to employees. An average employees in [...]