Social security means the efforts related to protect and support the sufferers against the impacts of different types of unwanted activities due to that the life of persons is under risk. These are called social risks and include retirement, sickness, disability, old age, survivor, death of earning members, maternity, unemployment, etc. . "Social security is an instrument for social transformation [...]
Everything you need to know about the process of recruitment. Recruitment process involves acquisition of work force. Recruitment process begins with identification of vacancy in the organisation after which different steps are undertaken to fill up the vacant position. According to Famularo, "personnel recruitment process involves five elements, viz., a recruitment policy, a recruitment organisation, a forecast of manpower, the [...]
Compensation Administration is a strategic management tool of compensation management and HR management to match productivity with cost of labour and employees to get satisfaction of their worth and values. Compensation Administration then fulfils the objectives of both the employers and the employees. Compensation administration refers to the tasks of compensation managers in designing and implementing a pay program. Taking [...]