Table of Contents:- Meaning of Fringe Benefits in hrm Fringe Benefits in hrm are also popularly known as employee benefits. This is a supplemental compensation which is paid by an employer to his employee, apart from his direct wages and incentives. These are granted as assistance or additional facilities to employees by the employer either: (a) voluntarily or (b) as […]
Workers participation in management or participative management is based on the Human Relations approach to management which brought about a new set of values in management.
Table of Contents:- Herzberg Motivation Theory McGregor Theory X and Y Herzberg Motivation Theory Frederick Irving Herzberg in the late fifties developed a motivation theory known as Herzberg Motivation Theory or two-factor theory of motivation. For this purpose, he conducted a study and interviewed some 200 accountants and engineers and asked them to think of a time
Performance appraisal is an important process that organizations apply to evaluate how well their employees are doing and what they are contributing.
The industrial market is where industrial buyers come into direct contact with industrial sellers. It consists of all the individuals or organisations acquiring goods and services.
The consumer market is where products or services are purchased & consumed for personal satisfaction or use. Indeed, the consumer is the “king” not only because of the direction of legislation but also because the consumer has more money and time to spend it than ever before.