Learn about the key differences between Strategic HRM and HRM. Strategic HRM is different from conventional HRM (also called as technical HRM). The major difference between the two lies in terms of linking HR strategy with organizational strategy. Strategic HRM establishes high linkage between HR strategy and organizational strategy. It contributes to organization's strategic management at all three levels- strategy [...]
Wage may differ in different types of employment, occupation, from industry to industry, between person to person in the same grade or level, from state to state or from country to country. These differences are termed as wage differentials The wage differentials help in building the wage structures for various levels and types of jobs in an organization, as they [...]
The basic purpose of the employee selection process is choosing right type of candidates to match various positions in the organization. In order to achieve this purpose, a well-organized selection procedure is requited. Each step in the selection procedure should provide more and more information about the candidate. This selection procedure differs from organization to organization. In some cases selection [...]