After reading this article you will learn about:- 1. Definition of Merit Rating 2. Objectives of Merit Rating 3. Methods 4. Advantages 5. Disadvantages. Definition of Merit Rating: Merit Rating assesses the merit of the person doing the job. Merit rating determines the extent to which an employee meets job requirements. Job evaluation and Merit Rating are two complementary aspects [...]
The various commonly used methods or systems of job evaluation are: 1. Ranking Method 2. Classification or Grading Method 3. Factor Comparison Method 4. Point Method. 1. Ranking Method: The different jobs, depending upon their requirements, responsibilities involved and their importance to the organisation, are ranked, graded or placed from top to bottom. Advantages: (a) The method is simple and [...]
After reading this article you will learn about:- 1. Meaning of Personnel Management 2. Functions and Objectives of Personnel Management 3. Principles. Meaning of Personnel Management: Personnel Management (staffing function of Management), also known as Human Resource Management. Personnel management is concerned with the proper use of human factors. Personnel management may be defined as that part of the management [...]