What is Back Pay? Definition: Back pay can be defined as the payment or other benefits like promotion, bonus, pay increase, etc that an employer…
An Ultimate Guide to Employee Engagement Surveys
Employee engagement surveys are effective tools that help in understanding the employees to cultivate a positive work culture. The surveys are designed to assess and…
7 Steps to Create an Employee Development Plan
The employee development plan is referred to the action plan that is used by an organization to ensure that the employees are on the right…
Ultimate Guide On Human Resource Management (HRM)
Human resource management is defined as a process of managing employees in an organization so that they help to gain a competitive advantage. It is…
Human Resource Manager – Qualification & Responsibilities
The human resource manager is the professional who is entrusted with overseeing the human resources department in an organization. He ensures that his team carries…
What is Staffing? Definition, Importance, Aspects & Factors
When it comes to an understanding of what is staffing in business and employee management, then it can be understood as the process of finding…
How to Write Selection Criteria? – Tips and Examples
Selection criteria consist of a list of educational qualifications, skills, abilities, experience, and knowledge that one must have to be eligible to do a job….
What is Incentive Pay? – Classification, Merits and Demerits
Looking for some effective ways to motivate your employees and ignite their passion? Then incentive pay is one of the most effective ways to engage…
Reward Management – Definition, Types and Benefits
Looking for the best ways to inspire and engage your employees? Then you need to let your employees feel valued and motivated. You need to…
Employee Stock Ownership Plan – Meaning, Uses and Types
Employee stock ownership plan or ESOP revolves around practices in which an organization offers shares of its stock to workers or employees as a part…
Self Assessment – Definition, Components and Advantages
Self Assessment is the very first step of channelizing career, personality, or self-development. It offers the most beautiful, useful, and constructive pieces of information that…
Job Design – Meaning, Characteristics and Principles
Job design revolves around practices of organizing a set of tasks or a job role. It talks about how employees or workers go about their…
Difference Between Job Description and Job Specification
Outlining of specific skills, qualifications, and characteristics that an individual needs to do a job is job specification. When it comes to applying for a…
Graphic Rating Scale – Definition and Characteristics
The graphic rating scale is the type of appraisal method in which the expected behavior of all traits for effective performance is listed for every…
Merit Pay – Explanation, Advantages and Disadvantages
Merit Pay or merit-based pay is defined as a payment or a reward that is given to the highest performing worker. Explanation Merit pay is…
