After reading this article you will learn about:- 1. Meaning and Objects of Job Evaluation 2. Principles of Job Evaluation 3. Methods. Meaning and Objects of Job Evaluation: Job evaluation is the process of comparing jobs with other jobs in terms of wages a worker should be paid for performing the task. Thus, it is a rating of job. It [...]
After reading this article you will learn about the roles and qualities of personnel manager. Roles of Personnel Manager: 1. As a specialist: To advise other functional heads on various aspects of HRM. 2. As an Information Source: To provide valuable information about labour market, labour laws and other related areas. 3. As a Charge Agent: To initiate and spearhead [...]
Introduction: A compensation or rewarding system is devised after careful consideration of various factors which affects both the organisation and employee. Rewarding of performance should be such that productivity gains continue. The system must be established according to the worth of a job. We must keep in mind that although we reward people for their work, we pay a job. [...]