Conducting Profit Forecast Analysis and Setting Employee Targets
This framework involves Profit Forecasts, Earning Targets, and Employee Targets, which are interconnected and essential for achieving organizational financial success.…
The Best Ways to Measure Productivity of Employees: A Comprehensive Guide
The Best Ways to Measure Productivity of Employees: A Comprehensive Guide Employee productivity is a critical factor in organizational success.…
Compa-Ratio
Compa-ratio is calculated as the employee’s current salary divided by the current market rate as defined by the company’s competitive…
COMPENSATION MANAGEMENT: WAGE PAYMENT SYSTEMS
COMPENSATION MANAGEMENT: WAGE PAYMENT SYSTEMS TIME RATE OR TIME WAGE SYSTEM Time Rate or Time Wage System is the most…
Position Analysis Questionnaire
The PAQ was developed in the 1960s by Ernest McCormick (as well as his colleagues at Purdue University). It was…
Compensation Management
Employee Engagement
HR Leadership
Performance Management
Talent Management
Training & Development
Why HR Professionals Leave the Organization?
1) Compensation and benefits: 49 percent HR professionals leave the organization for increased compensation. This reason is more dominant over any other…
Identify and Manage Pay Inequities
Know your jobs. Another thing to keep in mind in getting reliable market data is to appropriately benchmark your jobs.…
Basics of Job Evaluation
In job evaluation the jobs are ranked on the basis of their relative importance and not the job holders. They…