Employee Remuneration
February 12, 2025
Planning means looking ahead and chalking out future courses of action to be followed. It is a preparatory step. It is a systematic activity which determines when, how and who is going to perform a specific job. Planning is a detailed programme regarding future courses of action. It is rightly said “Well plan is half […]
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 […]
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. […]
Line organization is the most oldest and simplest method of administrative organization. According to this type of organization, the authority flows from top to bottom in a concern. The line of command is carried out from top to bottom. This is the reason for calling this organization as scalar organization which means scalar chain of […]
Organizations are basically clasified on the basis of relationships. There are two types of organizations formed on the basis of relationships in an organization Formal Organization – This is one which refers to a structure of well defined jobs each bearing a measure of authority and responsibility. It is a conscious determination by which people […]
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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