Everything you need to know about the types of incentives schemes to motivate employees. In words of Burak and Smith, "An incentive scheme is a plan or programmes to motivate individuals for good performance. An incentive is most frequently built on monetary rewards, but includes a variety of non-monetary rewards or prizes." It is responsibility of management to attract and [...]
Everything you need to know about what is recruitment. The term 'recruitment' applies to the process of attracting potential employees to the organization. To recruit means to enlist, replenish or reinforce. It refers to the process of bringing together prospective employees and employer with a view to stimulate and encourage the former to apply for a job with the latter. [...]
Everything you need to know about - how to develop managers in an organisation. Today, mostly all organizations have realized the importance of training to develop skill, abilities, knowledge and attitudes of management personnel. So, training system has been accepted by the companies to conduct management development programmes through 'on-the-job' and 'off-the-job' techniques. The object of manager's development is improving [...]