What is Selection? Process, Types, Steps, Difference
What is Selection? Selection is a process of differentiating between applicants in order to identify (& hire) those with a greater likelihood of success in…
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11 April 2020
Recruitment
What is Recruitment? Recruitment is defined as, a process to discover the source of manpower to meet the requirement of staffing scheduled and to employ…
10 April 2020
Functions of HRM (Human Resource Management)
Human Resource Management covers various operative and managerial functions that are performed at all the levels of the organization.
27 March 2020
What is HRIS? Human Resources Information System
Human Resource Information System (HRIS) is an organized procedure for collecting, storing, maintaining, retrieving and validating data needed by an organization about its human resources. It is usually a part of the organization’s Management Information System (MIS).
19 March 2020
What is HR Audit in HRM | Objective, Process
HR Audit is like an annual health check-up, it plays a vital role in encouraging the sense of confidence in the Management and the HR functions of an organization. It is a comprehensive evaluation of existing HRD strategies, systems, styles, skills and culture and their appropriateness to achieve the short term and long term goals of the organization.
4 March 2020
Methods of Human Resource Accounting
4 methods of human resource accounting are 1. Historical Cost Method 2. Replacement Cost Method 3. Present and Economic Value Method 3. Asset Multiplier Method
27 February 2020
Human Resource Accounting (HRA)
Human Resource Accounting is about identifying and measuring data of human resources. It is used to develop a financial assessment of people in the organization during a particular time period. It is also about evaluating the economic result of investment in people.
27 February 2020
12 Type of Problems in Performance Appraisal
There are various problems and challenges faced in Performance appraisal. Broadly, problems in performance appraisal are categorized into 4 types: 1. Judgment Error 2. Inappropriate appraisal methods and forms 3. Lack of training 4. Ineffective implementation
26 February 2020
What is Human Resource Management? (HRM) Nature, Scope, Objectives
Human resource management (HRM) is the process of acquiring, training, appraising, and compensating employees, and of attending to their labour relations, health and safety, and fairness concerns.
26 February 2020
What is Performance Appraisal?
What is Performance Appraisal? Performance appraisal works towards measuring the performance quality of the job holder. Performance appraisal evaluates the jobholders' performance over a period…
26 February 2020