Clear Feedback Helps Minimize the Risk of a Toxic Work Environment A toxic work environment refers to working somewhere in which there is a negative atmosphere. That could be caused by coworkers, supervisors, managers, or even the company culture, or a combination of those. Work environments that are toxic can be very challenging. Employees could … Read more
What Is CPQ? Why is it a Good Choice? The high competition in B2B sales requires customized and specialized products. Sales representatives are required to give each product more attention as buyers love to patronize brands that put these into consideration. If you run a manufacturing company and have a problem dealing with pricing, CPQ … Read more
Common Problems That Sensitivity Training Should Solve The word ‘manager’ is often used in the wrong contexts, so we rarely know what they actually do. By definition, they are employees in a company who deal with management. So, they handle people and processes to ensure that all parts of the organization work smoothly. Managers drive … Read more
The Objectives of Human Resource Planning Human resource management is the tactical approach for the administration of human resources. Generally, it’s dealing and handling employees by providing what they require for a smooth work environment. What is Human Resource Management? When defining Human Resource Management, you have to mention its set of practices that help … Read more
Human Resource Management Challenges As HR departments continue to grow to conform to the demands of a fast-paced, computerized environment, employers are faced with a new set of challenges every year. Even so, 2021 vows to be no different as organizations try to identify, develop and reserve talent in the most effective way. Feedback and … Read more
What is Human Resource Planning? When a company says that their workers are the essential factors in the growth and success of the business, you need to take such words seriously. Have all the financial resources to run a business, without the right employees; the company might not survive for long. However, human resource planning … Read more
Manpower Planning – Meaning, Need, Importance Manpower planning is also known as human resources planning. Every organization has goals. But to achieve those goals or move the company forward, people with a common interest must come together or must be hired. The number of individuals required to accomplish the said goal also has to available. … Read more
Causes of Industrial Disputes The causes of industrial disputes are many and varied. The major ones related to wages, union rivalry, political interference, unfair labour practices, multiplicity of labour laws, economic slowdown and others. Wage Demands By far, the most important cause for disputes is related to wages. The demand for wages has never been … Read more
Approaches to HR Evaluation There are several approaches to human resource evaluation. The most prominent of them are: audit approach, analytical approach, qualitative and quantitative approach, balanced scorecard perspective, and benchmarking. 1. Audit Approach A human resource management audit is a process of evaluating the effectiveness of the HR function. The HRM audit, as its … Read more
Settlement of Disputes Whatever may be the cause of industrial disputes, the consequences are harmful to all stakeholders-management, employees, economy, and the society. For management, disputes result in loss of production, revenue, profit and even sickness of the plant. Employees would be hard hit as the disputes may lead to lockouts and consequent loss of … Read more
Causes of Separation From Organization Separation occurs when an employee leaves the organization. Why do separation occur? Reasons for employee separations may be voluntary or involuntary. In the former, initiation for separation is taken by employee himself or herself. Where the employer initiates to separate and employee, it becomes involuntary separation. In the latter, the … Read more
Approaches To IR The scenario of Industrial Relations(IR) is perceived differently by different people. For some, Industrial Relations is related to class conflict, others perceive it in terms of mutual co-operation and still others understand it in terms of competing interests of various groups. HR managers are expected to understand these varying approaches because they … Read more
Factors Influencing Employee Remuneration A number of factors influence the remuneration payable to employees. They can be categorized into (i) external and (ii) internal factors. External Factors Factors external to an organization are labour market, cost of living, labour unions, government legislations, the society, and the economy. Labour Market Demand for and supply of labour … Read more
Components of Executive Remuneration For the purpose of remuneration, an executive is considered to be an individual who is in a management position at the highest levels. Specifically, this category includes presidents, vice-presidents, managing directors and general managers. Their remuneration generally comprises five elements. They are: 1. Salary 2. Bonus 3. Commission 4. Long-term incentives … Read more
Devising a Remuneration Plan Any remuneration plan must be understandable, workable and acceptable. The remuneration scheme must have two components- a base rate and the scope for increasing the base rate. The remuneration plan must be determined keeping in mind the requisites and the components. The persons responsible for determining a remuneration plan are advised … Read more
