Human relations are defined as the relationship between people, especially in a professional context. It is an integral part of career success and relates to…
What is Net Salary? Meaning and Calculation
Net salary is the amount that is paid by an employer to his workforce against the services they perform for him. It is paid regularly…
What is Outplacement? Definition and Benefits
Outplacement is defined as a support service that is offered to former employees so that they can search for other employment opportunities. The organizations often…
What is Pay Equity? Definition, Characteristics and Benefits
One of the most simple pay equity definitions is equal pay for work of equal value. Pay Equity is the level to which the employee’s…
What are the Basic Ethical Standards in the Workplace?
Ethical standards are used for establishing the behavioral parameters that business-owners and senior-level managements expect from their employees, suppliers, and other stakeholders. Maintaining ethical standards…
What is Salary Grade? Definition, Working and Advantages
What is the salary grade? A salary grade is a level of predetermined compensation for a specific position in the organization. The levels are set…
What is Volunteerism? Definition, Examples, Tips and Advantages
The act or practice of doing volunteer work in community service – Merriam Webster. Definition Volunteerism is defined as a concept or practice of offering…
Organizational Conflict: Definition, Types and Advantages
Organizational conflict is defined as a state of disagreement that is caused by perceived or actual opposition amongst the people working in an organization. The…
Customer Loyalty: Definition, Importance, Elements & Stages
Customer Loyalty is a measure of how faithful is the customer to the brand or the possibility of a customer to opt for repeat purchases…
Decision Trees: Definition, Features, Types and Advantages
Decision trees are the predictive models or visual/analytical Decision Support Tools that utilize a tree-like model of decisions in which predictions are made on the…
Assertiveness Skills: Definition, Characteristics and Types
Have you always wanted to speak up for yourself? Are you looking for the right ways to express your feelings freely without losing temper? Then…
What is Analytic Hierarchy Process (AHP) and its Benefits?
When math and psychology are adeptly used for analyzing, organizing, managing, and leveraging complex decision, it is understood as Analytic Hierarchy Process or AHP. Working…
The Top 15 Common Challenges Faced by Entrepreneurs
An entrepreneur is someone who dares to build a business on an innovative idea. He builds his business independently, facing and baring all the risks…
Empathic Listening: Definition, Qualities, Skills and Tips
Empathic listening is defined as listening with an intent to care with the feeling of compassion and emotional understanding. It is also known as active…
7 Steps to Create Strategic HRM (Human Resource Management)
Strategic HRM or Strategic Human Resource Management is a process of attracting talent and then retaining, rewarding, and developing them so that at the end…
