MBA 2022

  Human resource management (HRM) is the process of hiring individuals, providing them with the necessary training and compensation, creating policies pertaining to them, and creating retention plans. Over the past 20 years, HRM has undergone a great deal of development as a field, making it even more crucial in today's enterprises. HRM used to be more of an administrative function than a strategic one that was essential to the organization's performance. It involved processing payroll, sending birthday gifts to employees, planning company outings, and ensuring sure forms were accurately filled out.   (Libraries,2011) The Role of HRM This knowledge is crucial regardless of the career route chosen because HRM tasks are ones that other department managers also carry out. Seven key responsibilities that HRM plays in the organization. Staffing Development of Workplace Policies Compensation and Benefits Administration Training and Development Dealing with Laws Affecting Employ...

Person motivation is the level of passion, energy, attention, and creativity an employee’s performance provides to the workplace. Maslow (1943) and Hertzberg (1959) believe that money is only an effective incentive factor to some extent. The Latin word "movere," which translates to "moving," is where the word "motivation" comes from. As a result, every term you read in a book or dictionary relates to the idea that motivation is a behavior that needs to be controlled in order to reach desired outcomes. Therefore, employee motivation is all about how empowered and engaged an employee feels in relation to the organization's goals. Motivation is of two types: Intrinsic motivation Extrinsic motivation Intrinsic motivation An individual is motivated internally when they show intrinsic motivation. Because the outcomes are consistent with his or her vision, he or she wants to perform well at work. Therefore, the strongest motivating elements are typically a pe...

  Introduction Employee welfare means Anything done for an employee's comfort and improvement, intellectual or social over and above the salary given that is not a requirement of the industry One of the most valuable resources of any organization is its workforce, so it is crucial to protect their physical and emotional health. To do this, the company must consider its personnel as an investment rather than a cost. This is crucial since employee productivity has a direct impact on the organization's profitability. Employee productivity is influenced by the workplace culture and welfare initiatives Implemented by the company. (Aaliya K,2020) Principles of Employee Welfare Social Responcibility Democratic values Fair Wages Work efficiency Reconstruction of personality Shared responsibility Universility of welfare Social Responcibility Employee welfare isn't charitable giving. Because the working class cannot be left destitute and impoverished, employers must view this as a so...