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Hot desking is system(Shared Computer) in an organization which can be used by different employees in different timings with out affecting the stored data of other users. Here, the users can use any configured computer system which is available at that time, and they can login into their machines virtually and use that. In an organization, traditionally when one computer […]
Host country effect is the change that a company has to adopt in terms of hr practices, legal bindings, business policies etc when it sets up its business in another country or the host country. Host country is the country where a multinational company establishes its subsidiaries to grow its business. Every country has its own culture and legal bindings […]
According to Holland Vocational Preferences, people make career decisions by projecting self and worldly views of work over occupational titles. John Holland developed the ‘theory of vocational choice’ which is widely accepted all over the world for career development. This theory postulates that the higher the degree of similarity between individual’s personality characteristics and occupational characteristics, higher is the probability […]
Using Person-Organization Fit In Selection Imagine a situation in which an individual has found an occupation that suits his needs, works for a pleasant supervisor, and receives a competitive wage and benefits. While this may sound like a storybook tale, if we further consider that the same individual enjoys working in teams, is excited by working to meet challenging goals, […]
Harmonization means to match the allowance of the person with kind of work and value addition the individual is doing to the organization. If there is a disparity between the works and take away salary given to the person, then there is chance of worsening of attrition rate in the company. Harmonization, in broad terms, means to get things in […]
Guaranteed Fair Treatment is an HR program or policy that ensures that all employees of an organization are given fair and equal treatment. These policies are expected to be well documented and highly publicized so that employees are aware of specific actions that have to be taken in times of need. Areas that are mostly in need of guaranteed fair […]
Å Green circled employee is such a job holder who is being paid below the salary which has been set for the job in question. It is one of the most potent problem in compensation management, along with a red-circled employee which is exactly the opposite and hence is a cost for the organisation. There can be several causes of an […]
A golden parachute is an agreement between a company and an employee (usually a high level executive) that provides significant financial benefits to the employee upon termination. . Golden parachutes are usually reserved by the enterprise for the top level management executive of the organization. The benefits package mostly consists of a list of specific terms that tells us what the terminated […]
Golden handcuffs, a phrase first recorded in 1976, refers to financial allurements and benefits that have the objective to encourage highly compensated employees to remain within a company or organization instead of moving from company to company (or organization to organization) Golden Handcuff is financial incentive & other benefits offered to key employee as measure to retain them in the […]
Going Rate is a part of the compensation & benefit structure of an organization, where the focus is on how the employees are being paid. It is basically being paid according to that of the industry standards, or what the other companies in the region are following. Going rate is a part of the competitive compensation for any employees. Working […]
The term “Intellectual Capital” collectively refers to all resources that determine the value of an organization, and the competitiveness of an enterprise. Understandably, the term “intellectual capital” from a human resources perspective is not easily translatable into financial terms. For all other assets of a company, there exist standard criteria for expressing their value. Perhapss, this term could more appropriately […]
Goal Displacement is a situation in which the original goals of the organization are superseded by the new goals which are developed during the course of time. Goal displacement can […]
Source: 9 Ways To Make The Wrong Impression On Your First Day MORE Recruiters spend six seconds per resume before deciding whether an applicant is a good fit. How fast? When it comes to hiring: Recruiters spend six seconds per resume before deciding whether an applicant is a good fit. Interviewers “know” within 10 seconds whether a candidate is right for the […]
The rise of multinational corporations has multiplied the challenges of HR managers while successfully bridging the gap between nations. This state of business in the world is reflected by the […]
The expression “the glass ceiling” first appeared in the Wall Street Journal in 1986 and was then used in the title of an academic article by A.M. Morrison and others published in […]
Structural capital is one of the three primary components of intellectual capital, and consists of the supportive infrastructure, processes, and databases of the organisation that enable human capital to function. Structural capital is owned […]
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