Safety & Health in an Organization
Employee safety and efficiency are directly related to each other. Safety in an organization helps to prevent occurrences of accidents and thereby improves and ensures free flow of work. It helps to improve the morale and the productivity of employees. It also helps the employees to contribute effectively towards teamwork. Safety in an organization ensures that the employee can concentrate →
Effects of Grievances
There are different effects of grievances that occur. The various effects of grievances on production includes the low quality of production, the low quantity of production and the productivity, the increase in the wastage of materials, the increase in the spoilage of materials and also an increase in the breakage of machinery. The total cost per unit for production will →
Grievance Handling
According to Michael A Jucius “grievances means any discontent or dissatisfaction whether expressed or not and whether valid or not, arising out of anything connected with the company that an employee thinks, believes or even feel is unfair unjust or inequitable” There are various features for grievances these includes any form of discontent regarding any aspect of the →
Types of Compensation & Compensation Principles
There are basically two types of compensation namely direct compensation and the indirect compensation. Direct compensation includes basic salary, house rent allowance, conveyance leave travel allowance, medical allowance, bonus and special allowance. And the indirect compensation includes leave policy, overtime policy, hospitalization, insurance, leave travel, retirement benefits holiday homes, and the flexible timings. The basic wage structure in India consists →
Compensation Management
Compensation of an employee is the total amount of remuneration that is received in cash or kind payable by an enterprise to an employee in return for the work done during the accounting period. It refers to all forms of pay and reward owing to the employees arising out of their employment. Compensation is what the employees receive in exchange →