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Showing posts from November, 2023

Organizational Structure and It's Importance

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 Organizational Structure and It's Importance Figure 1- Organizational Structure Introduction An organizational structure is the way that a company, organization, or team is set up. It can be hierarchical, or divisional with different levels of management or product lines. This structure provides a company with a visual representation of how it is shaped. Every company and team have its own formal organizational structure. These activities can include rules, roles, and responsibilities. 'Organizational structure is a set of methods dividing the task. to determined duties and coordinates them' (Monavarian, Asgari, & Ashna, 2007) . The organizational structure also determines how information flows between levels within the company. And normally illustrated in some sort of chart or diagram like a pyramid, where the most powerful members of the organization sit at the top. It can be a centralized structure or a decentralized structure. A successful organizational structure ...

Job Analysis-A Basic Human Resource Management Tool

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Job Analysis-A Basic Human Resource Management Tool                                                                                Figure -Job Analysis “ Job Analysis refers to the process of studying the operations, duties and organizational aspects of jobs in order to derive specification or job description”.                                                                                                                ...

Compensation and Benefits of HRM

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 Compensation and Benefits of HRM    Figure 1- Employee Benefits Compensation and Benefits means most important part of Human Resource Management. In other words it is a package that offers from companies to motivates their employees to retain with the organization for a long time and to attract new talents. Employees always trying for companies with better structures, compensation and benefits. Therefore having a good compensation and benefit scheme is very important retain in today's business world. Understanding the Compensation and Benefit? Compensation is refers to all the monetary and non-monetary rewards which offers for employees. This can be include salary, bonus, commissions, profit sharing, equity, reward and recognition etc.  'Compensation includes direct cash payment and indirect payments in form of employees benefits and incentives to motivate employees to strive for higher levels of productivity'          ...

Training And Development In Human Resource Management

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Training And Development In Human Resource Management                                                           Figure 1-Training and Development in HRM 'Training usually refers to the teaching operational or technical employees how to do the job for which they were hire'                                                                                                                                                     ...

Recruitment and Selection Strategies for Modern Workforce

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 Recruitment and Selection Strategies  for Modern  Workforce Figure 1-Recruitment and Selection  Strategy for Modern Workforce Due to the increasing of number of people globally looking for jobs, the recruitment process has more completion in nowadays organizations. Therefore, finding the best candidates for the open positions has become much more difficult tasks to the HR Team. With the help of the modern Technology it becomes easier to find candidates as per the organization’s requirement. Taking the time to develop an effective recruiting strategy can result in a better pool of candidates, a shorter interview process, and ultimately it cause for less employee turnover too. ‘ Modern recruiter is one who is targeted, builds relationships and knows how to not only find candidates but also get them to respond!”                           ...