Important Points for IC 90 - Human Resource Management (HRM) Exam
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The leader has to ensure that the communication within his group is complete and timely.
To the organisation, wages are costs and they have to be as low as possible. To the recipient, the employee, wage is income providing for the needs of his family. He wants the wages to be as high as possible.
Methods of job evaluation include: ranking method, classification method, factor comparison method and point method.
Benefits can be classified as legally prescribed benefits and voluntary benefits.
Discipline is a broad term dealing with the norms, rules, role expectation, duties and behaviour. Any derivation from the laid down norms is termed as breach of discipline and will call for action under the rules. Action may be just a warning or more severe punishments.
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