Directorate of distance education master of business administration
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HR Management-230113
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- Wage and Salary Administration The principles involved are
- Job Evaluation
- MERIT RATING
Method of Training
ӹ Orientation training ӹ On the job-training ӹ Simulation (vestibule) training. ӹ Class room training ӹ Apprenticeship training ӹ Industrial training Wage and Salary Administration The principles involved are ӹ Wage plan should be linked to the productivity ӹ Should be related to job requirement skill and job ӹ Should have incentive content to motivate workers to put up their best efforts. ӹ Wages to be fixed for different categories based on job evaluation. ӹ Wage plan should have a guaranteed minimum wage. ӹ It should be comparable with wages of other similar industries in similar locations ӹ It should attract talented personnel to join the organization ӹ It should be flexible enough to bring about changes as and when found necessary. The other functions of staffing sub system are: Job Evaluation Job evaluation is the evaluation rating of jobs to determine their positions in job hierarchy. The evaluation may be achieved through 48 assignment of points or the use of some other systematic rating method for essential job requirement such as skill, experience and responsibility. The various steps of job evaluation are i. Job Analysis ii. Job Description iii. Job Grading iv. Job Pricing Job Evaluation Techniques 1) Qualitative Method a. Ranking Job comparison method b. Job classification / Grading method 2) Quantitative method a. Factor comparison method b. Point comparison method. MERIT RATING It is very well known that the workers differ in their abilities, skills, knowledge and aptitudes. By proper education and training these differences may become small. Yet these differences remain. It is necessary for management to know these differences so as to identify special skills and growth potential of their employees to occupy higher positions of responsibilities through promotions. It is also necessary to know these differences so that each is paid according to his merits. Higher wages are paid to employees who perform continuously better. In order to identify these differences, performance evaluation is needed. This process of performance evaluation of workers is called merit rating. Thus ‘merit rating’ may be defined as “a systematic, periodic and objective performance evaluation of labour in order to recognize and reward their contributions to the organization, and also identify their potential to hold higher level appointments and jobs”. Download 1.65 Mb. Do'stlaringiz bilan baham: |
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