What is Succession Planning? Objectives, Benefits
What is Succession Planning? Succession planning is a process that ensures a suitable supply of successors for current and future jobs in an organisation. It is a process of recognising…
Human Resource Management
What is Succession Planning? Succession planning is a process that ensures a suitable supply of successors for current and future jobs in an organisation. It is a process of recognising…
What is Career? Career planning is a process of identifying opportunities and challenges associated with the career of an individual. The concept of career planning can be perceived from two…
What is Work Measurement? Work measurement is the process of applying methods for determining the content of a job. Job content can only be measured if the method for performing…
What is Work Study? Work study is another important method for improving the productivity of an organisation. It is a process used to identify better ways to perform different jobs.…
What is Manpower Planning? Manpower planning, also known as workforce planning or human resource planning, is the process of strategically analyzing and forecasting an organization's current and future staffing needs.…
Supply Forecasting Methods Supply forecasting methods are used to estimate the existing number of employees within and outside an organisation. To estimate this existing workforce, an organisation considers various factors…
What is Compensation? Compensation is a systematic approach to providing monetary value to employees in exchange for work performed. Compensation may achieve several purposes assisting in recruitment, job performance, and…
What is 360 Degree Performance Appraisal? A 360-degree performance appraisal is used to judge the behavioural aspects of the performance of the managers. These are the aspects that all people…
What is International Compensation? International compensation can be defined as the provision of monetary and non-monetary rewards, including base salary, benefits, perquisites, long- and short-term incentives, valued by employees in…
Many companies are relocating their employees and sending them on assignment to work in their overseas operations as expatriates. International assignments are often more complex than domestic assignments since they…