Organizational Culture and HR Practices
Human resources do have a challenging role to play in organizational culture, as it is the employees who work for the organization, who embrace and improve a particular culture within…
Flexible Pay
The practice of relating pay to performance has been around for a while. However, what’s new is that the percentage of pay that is related to performance and the way…
Types of Rewards
Reward system of a company should also be in alignment with its goals, objectives, mission and vision. On the basis of the job profile, both monetary and non-monetary rewards can…
HRM – Rewards and Recognition
Employee rewards and recognition system is not just a positive action towards employees. If it is implemented effectively, it proves to be an efficient tool in encouraging the employees to…
Eddy Current Instruments
Eddy current instruments can be purchased in a large variety of configurations. Both analog and digital instruments are available. Instruments are commonly classified by the type of display used to present the…
Components of Compensation
Compensation as a whole is made up of different components that work as an aid for an employee after retirement or in case of some accident or injury. Now we…
Types of Compensations
We have learnt about what compensation and its importance is. However, when it comes to an organization, be it private or public, compensations are further divided into the following −…
Phase Lag
Phase Lag Phase lag is a parameter of the eddy current signal that makes it possible to obtain information about the depth of a defect within a material. Phase lag is…
Importance of Compensation Management
A good compensation is a must for every business organization, as it gives an employee a reason to stick to the company. An organization gains from a structured compensation management…
The Scope of HRM
The scope of HRM is very wide. It consists of all the functions that come under the banner of human resource management. The different functions are as follows – Human…
