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Employee Rewards System and Advantages

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Why  Employee rewards matter... I n any organization, the human element is the main element of how to run the business model for success. Humans are naturally expecting a reward, money, ext, and at the same time humans are demotivated due to some external things, so keep human or employee preferments at a consistent level so they need to have a reward system that addresses these following areas:  Compensation. Benefits. Recognition.  Appreciation.  “With employees today have increased bargaining power in a highly competitive job market, attracting high performing, skilled workers have become a challenging activity (Business Franchise Staff 2017).” * Team members must understand and believe that what they do matters to the organization and to their personal progress. * One of management’s responsibilities is to “clear the path (Business Franchise Staff 2017).” helps ensure that employees have a work environment that supports their goals and reduce the unnecessary o...

Why CSR important for business Sustainability.?

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 What is Corporate Social Responsibility.? CSR become one of the key element when building an organization name or company as a brand . In one sense, the concept of social responsibility, like ethics, is easy to understand and It means distinguishing right from wrong and doing right. It means being a good corporate citizen and the formal definition of corporate social responsibility is management’s obligation to make choices and take actions that will contribute to the welfare and interests of society as well as the organization (Groomsman, 2009). As straightforward as this definition seems, social responsibility can be a difficult concept to grasp because different people have different beliefs as to which actions improve social welfare. To make matters worse, social responsibility covers a range of issues, many of which are ambiguous with respect to right or wrong   (Sandra, 2004).  Importance of CSR  The most important aspects of CR to the company  Ethic...

MODERN PERFORMENCE MANGAGMENT TECHNIQUES

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 What is performance management.? In any organization, they need to measure their overall and employee performance with their goals, which means the different departments/persons have a separate goal to achieve at the end of the year. so for that organization set some measurement tool that related to their organization goals we can define performances management process as: A systematic process for improving organizational performance by developing the performance of individuals and teams by understanding and managing performance within an agreed framework of planned goals, standards, and competence requirements. (Michael Armstrong 2006) Several modern performance management techniques... Management by Objectives (MBO). This concept was first initiated by Peter Drucker in 1954. It is a participative process where the goals of the organization are defined and conveyed by the management to the members of the organization with the intention to achieve each objective. There are se...

WHY MOTIVATTION MATTERS LOT TO THA ORGANIZATTION....

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Concept of motivation... Motivation is psychological forces that determine the direction of a person’s behaviour in an organization, a person’s level of effort, and a person’s level of persistence” (Jones & George 2008).                 “The term motivation refers to factors that activate, direct, and sustain goal-directed behaviour… Motives are the ‘whys’ of behaviour – the needs or wants that drive behaviour and explain what we do. We don’t actually observe a motive; rather, we infer that one exists based on the behaviour we observe.” (Nevid 2013)    Why motivation needs to have...         In our life why we are working hard, enjoy certain classes. or find some recreational activities so much fun. yet these behaviours are motivated by something.  Motivation is the word derived from the word ’motive’ which means needs, desires, wants, or drives within the individuals. It is the process of stimulating pe...

Modern Approaches of Job Designing & Enrichment.

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What is Job Designing? Last five-decades HRM professionals are trying to design the most accurate and appropriate job designing structure for their selection process. selecting the right person for a particular job is the most important thing in the requirement process then only any organization can get the best productivity from the particular person for the company.  The process of job design has been defined as:  “Specification of the contents, methods, and relationships of jobs to satisfy technological and organizational requirements as well as the social and personal requirements of the job holder.” (Buchanan, 1979)    Job design specifies the contents of jobs to satisfy work requirements and meet the personal need of the job holder, thus increasing levels of employee engagement (Armstrong 2014,p,145) Approaches used in job designing Mechanistic Approach  Humanistic Approach  Job Characteristics Approach  Socio-Technical Systems Approach How to do...

TRADE UNION AND EMPLOYE WRIGHT ...

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Trade union and employee rights. Trade unions are created by employee based on their requirements but if you look into their model or activities they all are formed to full fill their needs and protect their rights from company owners or from the governing parties and the most important thing is to protect and improve the good working condition inside of their working environment and continue good work-life balance for them. these trade unions are nowadays beginning inside of the organizations on a small level and have grown into a worldwide movement for achieving social justice, economic equality and preservation of democratic values of life . The Trade Union Act 1926 "Any combination, whether temporary or permanent, formed primarily for the purpose of regulating the relations between workmen and employers, or between workmen and workmen, or between employers and employers, and for imposing restrictive conditions on the conduct of any trade or business and includes any federati...

Employee Engagement with Sustainable Business

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 What is employee engagement..? Is a workplace approach designed to ensure that employees are committed to your business goals and values, or otherwise emotional commitment that they feel for your company and your company's goals? employee engagement is not the same as employee satisfaction it does not address employees' level of motivation or emotional commitment.  According to Macey and Schneider (2008), Employee engagement is a desirable condition. It has an organizational purpose, and connotes involvement, commitment, passion, enthusiasm, focused effort, and energy, so it has both attitudinal and behavioural components.  Important factors that affect employee engagement... Company Culture. Simply refers to the attitudes and behaviors of a company and its employees . a  strong culture is characterized by employees who are highly engaged and productive, give their effort beyond the minimal requirement.  Leadership. Most people don’t know what’s required to be ...