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प्रश्न
Explain the Compensation Function of Human Resources Department.
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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: It 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 wage and salary structure for various jobs in the organisation.
- Bonus: It involves payment of bonus under the Payment of Bonus Act, 1965, as well as non- statutory bonus and other incentives.
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संबंधित प्रश्न
Planning is a ______ function.
Discuss the Operative functions of HRM.
______ training is also called as 'process of socializing'.
______ are the number of people working in an organisation together with their knowledge, skills, experience, attitudes, motivation and potential.
Which of the following is 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.
What do you mean by development function of Human Resource Management?
Discuss the various activities of Human Resource Management.
