HR Audit Meaning, Definition, Characteristics, Scope, Objectives, Types, Approaches
An HR audit systematically assesses the strengths, limitations, and developmental needs of its existing human resources in the context of organisational performance.
Human Resource Management
Discover valuable insights into Human Resource Management with our articles. Learn about recruitment, employee development, workplace culture, and strategies for effective HR practices that drive organizational success.
Human Resource Accounting Meaning, Definition
Human resource accounting is a system of accounting that considers human resources a valuable asset. It includes a record of all financial expenditures related to human resources, including wages, salaries, training costs, and more, in the books of accounts.
Incentives Meaning, Scope, Types, Advantages and Disadvantages
An incentive is something that influences people to act in certain ways. An incentive system is a collection of incentives and a set of procedures for using them. Organisations use incentive systems to motivate their employees.
Retrenchment Meaning, Reasons and Problems
Retrenchment is the termination by the employer of the service of a workman for any reason whatsoever, other than as a punishment, but does not include voluntary retirement, termination on the grounds of ill health
Disciplinary Procedure, Steps, Guidelines and Importance
Disciplinary procedure/action is a systematic approach used by an employer to manage indiscipline in the workplace. It defines all kinds of discipline, the presentation and document of warnings, representation at disciplinary interviews, time duration for investigation, and rights of appeal.
Misconduct Forms and Causes
Violation of the company’s rules and regulations by the employees is termed as misconduct. This not only adversely affects the reputation of an employee but also hurts his career growth.