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
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
One day I have seen the abbreviation CSW in my bank statement. I was not able to get the meaning of same and I searched
There are mainly two objectives or aims of performance appraisal they are: 1) Administrative objectives 2) Self improvement objectives 1) Administrative objectives: these objectives are
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
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
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
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
2 types or kinds or methods of incentive plans 1) Individual incentive plan 2) Group incentive plan 1) Individual incentive plan: it may either be
Incentive wage plans: Incentive wage plans are popular all over the world and are used for raising productivity. They offer attraction of extra payment for
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