Employee Remuneration
February 12, 2025
There are a few guidelines in form of principles which can be a help to the manager to process of delegation. The principles of delegation are as follows: – Principle of result excepted This principle suggests that every manager before delegating the powers to the subordinate should be able to clearly define the goals as […]
Directing or Direction function is said to be the heart of management of process and therefore, is the central point around which accomplishment of goals take place. A few philosophers call Direction as “Life spark of an enterprise”. It is also called as on actuating function of management because it is through direction that the […]
Recruitment is of 2 types Internal Recruitment – is a recruitment which takes place within the concern or organization. Internal sources of recruitment are readily available to an organization. Internal sources are primarily three – Transfers, promotions and Re-employment of ex-employees. Internal recruitment may lead to increase in employee’s productivity as their motivation level increases. […]
Organizing is the function of management which follows planning. It is a function in which the synchronization and combination of human, physical and financial resources takes place. All the three resources are important to get results. Therefore, organizational function helps in achievement of results which in fact is important for the functioning of a concern. […]
The organizing process can be done efficiently if the managers have certain guidelines so that they can take decisions and can act. To organize in an effective manner, the following principles of organization can be used by a manager. Principle of Specialization According to the principle, the whole work of a concern should be divided […]
Basis | Recruitment | Selection |
Meaning | It is an activity of establishing contact between employers and applicants. | It is a process of picking up more competent and suitable employees. |
Objective | It encourages large number of Candidates for a job. | It attempts at rejecting unsuitable candidates. |
Process | It is a simple process. | It is a complicated process. |
Hurdles | The candidates have not to cross over many hurdles. | Many hurdles have to be crossed. |
Approach | It is a positive approach. | It is a negative approach. |
Sequence | It proceeds selection. | It follows recruitment. |
Economy | It is an economical method. | It is an expensive method. |
Time Consuming | Less time is required. | More time is required. |
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