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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
Planning is a ______ function.
Write about any three activities of the procurement function of the Human Resource Department.
Which function of Human Resource Management specifies that improvement in personality and interest is required to get maximum satisfaction from their work?
______ are the number of people working in an organisation together with their knowledge, skills, experience, attitudes, motivation and potential.
Which of the following is not the development function of human resource management?
It is the process of studying in detail the operations and responsibilities involved in a job so as to identify the nature and level of human resources required to perform the job effectively.
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.
______ is concerned with managing people at work.
“Human resource management seeks to achieve personal and social goals.” Explain.
Distinguish between Human Resource Management and Human Resource Development.
