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प्रश्न
Explain the compensation function of Human Resource Management.
Explain the compensation function of Human Resource.
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उत्तर
Compensation Function: It refers to providing equitable and fair remuneration to employees for their contribution to the attainment of organisational objectives. It consists of the following activities:
- Job evaluation: is the process of determining the relative worth of a job.
- Wage and Salary Administration: It implies developing and operating a suitable wage and salary programme. Surveys are conducted to determine the wage and salary structure for various jobs in the organisation.
- Bonus: It involves the payment of a bonus under the Payment of Bonus Act, 1965, as well as non-statutory bonuses and other incentives.
संबंधित प्रश्न
______ training is also called as ‘process of socializing’.
Explain the Compensation Function of Human Resources Department.
With reference to functions of Human Resource Management, explain procurement function.
Justify the following sentence for or against and give a reason:
The function of Human Resource Management is advisory in nature.
Which of the following is not the development function of human resource management?
Which of the following is the compensation function of human resource management?
It is the process of estimating the present and future manpower requirements of the organisation, preparing inventory of present manpower and formulating action programmes to bridge the gaps in manpower.
One of the Maintenance functions of Human Resource Management is ______.
What do you mean by development function of Human Resource Management?
Distinguish between Human Resource Management and Human Resource Development.
