Public-private partnerships are the ones in which a private company funds the construction of a public project in exchange for operating profits. Public-private partnerships can be…
Variable Pay – Definition, Meaning, Types, Importance and Advantages
Definition: Variable pay is any amount of money or sales compensation that is paid to employees on a variable basis and is not consistent but…
HR Specialist – Role, Responsibilities, Requirements, Salary and Educational Qualifications
An HR Specialist in an organization is responsible for enrolling, training, supporting, placing, keeping up records, and overseeing the performance of the employees of an organization….
Listening Skills Explained
Listening skills empower an individual in accurately receiving and interpreting different forms of information, message, or news in a communication process. Listening and hearing may…
Human Capital Management – Definition, Meaning, Functions, and Benefits
Human capital management is a process of hiring, retaining, managing, training, and upgrading the skills of the workforce for the growth and development of an…
Training Needs Assessment -Definition, Meaning, Advantages and Disadvantages
Definition: Training needs assessment is a process that identifies the present level of knowledge, skill, and competency and compares it with the required or established levels…
Organizational Life Cycle – Definition, Stages, Importance
Definition: Organizational life cycle, as the name suggests, is the life cycle of an organization from the point of its creation or onset to the point…
What is Self Image and How do we improve it?
Self Image is an assessment that an individual has about himself. It includes personal worth and an overview of his abilities, identity, qualities, traits, and…
Skill Acquisition – Definition, Importance and Three Stages
Definition: Skill acquisition is the interdisciplinary science specific to the knowledge of and about voluntary control over body segments and joint movements to solve a…
Performance Bonus – Meaning, Usage, Advantages and Disadvantages
Performance bonus is defined as a type of compensation that an organization provides to its employees who go beyond the scope of regular working hours…
Study Skills – Definition, Types, and Importance
Study skills are often referred to as study strategies and academic skills and are considered as an effective approach to learning. These include an array…
Incentive Plan – Definition, Types, Features, Advantages and Disadvantages
An incentive plan is a formal scheme to encourage specific action and behavior and motivate a group or individual performance. Incentives are found to be…
Informal Learning – Definition, Meaning, Types, and Examples
Definition: Informal learning is the learning that takes place outside of a formal and structured environment. It is a learning style where it is the…
What is learning? Definition, PACT Learning Cycle, Concepts, and Advantages
What is learning? Learning is defined as gaining knowledge, preferences, attitudes, behavior, understanding, values, and skill. The ability to learn is most prominent in humans…
What is a Learning Plan and how to create one for yourself?
Definition: A learning plan is a comprehensive document that is used to outline development and learning activities over some time. It is also referred to…
