Hot Stove Rule of Discipline
Hot Stove Rule of Discipline The “Hot-Stove Rule” was introduced by Douglas McGregor. It gives a good illustration of how…
Perceptual Errors in Selection Process
Selecting the most suitable person for the job is a crucial aspect of organizational success. Perception plays a significant role…
Finance for HR: UNDERSTANDING FINANCIAL INFORMATION
Finance for HR: UNDERSTANDING FINANCIAL INFORMATION The Balance Sheet THE BALANCE SHEET IS A representation of the company’s financial health. It…
FIRST AID AT WORKPLACE: Why should the HR Advocate First Aid Training Programs at Workplaces?
FIRST AID AT WORKPLACE: Why should the HR Advocate First Aid Training Programs at Workplaces? Why do I need first…
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…
Performance Meetings
The performance meeting helps the supervisor and employee establish a clearer understanding of the employee’s job duties, responsibilities, and priorities.…
ROI in HR
"Return on Investment," or ROI, is the term given to a mathematical calculation used in the finance industry and business…
HR Metrics
Human Capital Value Added Human Capital Value Added (HCVA) is a measure of the extent to which employees add value…
Skills Matrix-Know Your Employees
The left-hand column of this Skills Matrix identifies skill and knowledge areas, and the top row lists people’s names. At…