Group and Team To understand the difference between group and team. It is important to discuss both group and team in detail. A group is a combination of two or more interdependent persons. Basically who interact with each other to achieve specific goals. On the other, team is also one type of group. However, these […]
What is the Pay for Performance System Challenges and Their Solution?
The pay linked with the qualified or quantified work performed by an individual is called pay for performance. Performance for pay plan consists of a variable pay plan in which a portion of the pay of an employee is put at some risk for the purpose of earning some extra pay. On the other hand […]
What is the Importance of Human Resource Management for Business?
Importance of Human Resource Management: Human resource management in an international business plays a significant role at the strategic level. The executive manager of human resource management in an international business actually acts as a decision-maker & strategic partner of the business organization. The complete comprehension of the overall global system is essential so that […]
Employee Benefits – Ways to give Employee Benifits
All the financial returns that are not paid directly to the employee are referred to as employee benefits. The decisions of employers about the social costs of retirements & health care are considered employee benefits in all over the world. The decision of employee benefits is also taken by the Department of Human Resource Management. […]
Discuss Human Resource Information System in Detail
HRIS: The human resource information system means the collection, recording, storing, analyzing & retrieving of data about human resources. Different aspects related to the working life of employees are considered salary, compensation, leave, payroll, accidents & other benefits. The information on all these areas of Human Resource is acquired by the human resource information system. […]
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