Category Archives: Human Resource Management

Meaning and 6 Elements of Business Ethics

  Meaning: Business ethics refers to the standards and principles which govern the business activities. It means doing business activities with rational thinking and honesty. A business requires ethics for its success. Now a days availability of proper safety measures … Continue reading

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Concepts and scope of Social Security

The word social security originated in USA in 1935. It means to help the people when they are unemployed and exposed to risk such as sickness, accidents, old age, maternity etc. Scope of Social security: It is in form of … Continue reading

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How to increase the productivity

Definition of productivity: Productivity means the ratio of output to input. Higher productivity means the proper use of input and vice versa. Generally the productivity is the productivity of labour. It refers to output in ratio of input of labour. But … Continue reading

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Relationship between Morale and Productivity

Generally it is considered that there is a direct relationship between Morale and Productivity. It is assumed that the person having high morale will have high productivity but this is not always true. An increase in 20% morale does not … Continue reading

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Methods to increase high employee morale

It is very difficult to build and maintain high morale. Morale cannot be maintained at a high level forever. It is not static, it keeps on changing. But there are various methods which can help to increase a high employee … Continue reading

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4 methods to measure the Employee Morale

To measure the morale of employee directly is difficult as it is an intangible state of mind of the workers. But there are four methods of measuring the morale of the employee indirectly. These are discussed below. 1.)    Morale Survey … Continue reading

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Difference between performance appraisal and job evaluation

There are many differences between performance appraisal and job evaluation. Let us discuss them: 1) Performance appraisal is concerned with comparative merit of individuals. While job evaluation analysis the job not take into account the individual abilities of the job … Continue reading

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Concept of performance appraisal

Performance appraisal means systematic evaluation of the personality and performance of each employee by his supervisor or some other person who is trained in such task. It is the formal procedure to evaluate the contributions of the persons working in … Continue reading

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Theories for determination of wages

There are different theories for the determination of wages and these are discussed below: 1) Subsistence theory for determination of wages: this theory was given by Ricardo and based on two assumptions: i) Law of diminishing returns ii) Rapid increase … Continue reading

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Concept of Employee stock option plan

Employee stock option plan was introduced in USA in 1910. But in India employee stock option scheme came in 1998. In this scheme the employees of the company are allotted the company’s shares below market price generally 10 to 20% … Continue reading

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