Wage payments An Organizations include the involvement of three resources i,e. Land, Labour and Capital. These three resources are important for the Organizations for the effective operations of the Organisational activities. Labour resources which we called human resources are plays a very important role in the Organizations. The different activities or works in different departments of an organization is done by different individuals with required knowledge and skill. The individuals or employees join the organization for some earning motive. They are paid by the organisation on the basis of their work. An Organizations has different method on the basis of which they calculate the amount of wages to be paid to the individuals or the employees for their work in the organisation. An Organizations basically has two methods on the basis of which they decided the amount of compensation or the wage to be paid to the employees for their works. Methods of wage payments  There are two met...

Compensation Compensation may be define as money receive in performance of work plus many kinds of services and benefits that organization provide to the employees. Compensation may be classify into; (a) Basic or primary compensation, (b) Supplementary compensation. Primary compensation refers to basic pay in the form of wages and salaries. It is a fixed or non incentive payment on the basis of time expended on the job. Supplementary compensation consists of incentives and variables payments based on there individuals output or output of the organization as a whole. Wages - Wages is a general term referring to direct monetary compensation. It is also used specifically to refers to payments to service workers on the basis of hourly rates production. Salary  - Salary refers to weekly or monthly rates paid to clerical administration and professional employees. Characteristics of Compensation These are the following main Characteristics of Compensation:- A hierarchy of pay levels. A hi...

Benefits of training Training is not only beneficial for the individuals or the employees who are working in the Organization. Training provide certain benefits to the Organizations as well. Benefits of training to the Organizations These are the following benefits an organization get by providing training to the employees  :- Leads to improve profitability and more positive attitude towards profit orientation. Improves the job knowledge and skills to the levels of the organization. Improves the moral of the work force. Helps people identify with organisational goals. Helps create a better corporate image. Fosters authenticity, opener and trust. Improves Relationships between boss and subordinate. Aids in Organisational Development. Learn from the trainees Helps prepared guidelines for work. Aids in undertaking and carring out Organisational policies. Provide information for future needs in all areas of the organization. Organization gets more effective decision making and problem ...

Training Meaning Every Organization need human resources in their Organization to carry out it's activities in order to achieve the goal. The human who have got appointed must be physically or mentally able to work. If they are not able to work then efficient training should be provided to them. So then they will be able to perform their obligation properly. Training is an organized procedure for increasing the knowledge and skills of people for a specific purpose. Training make able or perfect a person in doing a particular work or field. The person who provide training is called 'trainer' and the person to whom training is being providing is called trainee. Definitions Edwin B. Flippo - " Training is the act of increasing the knowledge and skills of an employee for doing a particular job" Features of Training These are the following features of Training Increase knowledge and skills. Focuses attention on the individuals job. Concentrate on individuals employees....

Roles of HR Manager In an organization Human Resources plays a very important role. The Organisational objectives can onlybe achieved with the help or the effort of people working in the Organization. In order to achieve Organisational goals effectively Human Resources need to be changed efficiently. The person who play the role of manager of Human Resources is called the HR Manager or the Human Resources Manager. HR Manager perform all the activities or work relating the management of people or human Resources in the Organizations. Basically the job of HR manager is to manage the Human Resources in the Organization. but he perform some other important roles in the Organizations. The various roles of HR manager is discussed below: Role of HR manager (1) Advisory role (2) counseling role (3) Role of change agent (4) The conscience role (5) Mediator role (6) Liaison role (7) Welfare role (8) Controller role (9) Legal role (10) Human relation role (1)  Advisory role  : The HR dep...

Importance of HRM HRM (Human Resources Management) is not only important for the Organizations but also it is important to employees or the individuals and the society. We may categoriesed the importance of HRM into three broad categories as follows:- (1) Important to the Organizations (2) Important to the employees or individual (3) important to the society (1) Important to the Organizations Here how HRM is important for a Organizations is discussed pointwise:- (a)  Good Human Resources practice helps in attracting and retaining the best peoples in the Organizations. (b)  In order to make the best use of latest technology the appointment of right type of person is essential. The right people can be fitted into new jobs properly only if management perform it's HR functions. (c)  Globalization has increased the size of the organization who employ thousand of employees in different country. The performance of the  company depends upon the qualities of the people employ...

Functions of Human Resources Management To facilitates easy understanding  the function of HR manager may be broadly divided into two categories: Functions of HRM (1) Managerial Functions (2) Operative Functions (1) Managerial Functions The followings are the managerial functions of HRM:- (a) Planning : planning involves thinking in advance. planning is a difficult task which involves ability to think. To predict or to analyze and to come to decision. In this context of personnel management it requires the determination of human Resources needs. planning would involves: Determining the needs of person. Deciding the sources of procuring them. Determining training needs of personnel. Motivate for getting good performance. (b) Organizing :  Organizing is a process of allocating task among it's members for achieving Organizational objectives. The assignment of task and the fixings of  responsibility will be the function of personnel management. It decide who should do what, w...

Human Resources Management The field of human resources management involves, planning, Organizing, directing and controlling functions of procuring,  developing, maintaining and utilizing a labour force. Features of Human Resources Management These are the following features of Human Resources Management:- (1) Integral part of process of management: HRM is an integral part of the process of management itself. HRM cannot be separated from the basic management functions. The function is performed by all the manager through out the Organizations rather than the personnel department only. (2) Pervasive and Universal functions : HRM is a Pervasive function. It is required in all types of  Organizations and also at all the levels. It is equally important in Govt. agencies, sports Organization, educational institutions, etc. This is because recruitment, selection, training and development is an integral functions for each and every Organizations. (3) People oriented : As HRM deals wi...

Human Resources Management The success of any Organization is largely depends upon the workers and the human being working in the organisation to carry out the activities of the Organizations. The people and human being are considered as an important resources for the Organizations. Human beings are considered as a important resources like all other resources Land and capital. But these resources are most important than other for the appropriate accomplishment of organisational objectives. Human resources management is concerned with the management of human being in the Organizations. It deals with the procurement of  suitable human being for the job. Development of people for the improvement of the knowledge, skills and abilities of the workers and employee to accomplish the organisational objectives effectively. It is not only the knowledge and the skill but also the attitude and aspirations of peoples. When individual comes to the workplace they come with not only technical skil...