The Importance of Due Diligence in Human Resource Management Processes
What is Due Diligence and Why is it Important for HRM processes? We come across the term Due Diligence in many contexts as part of our everyday lives. Indeed, Due Diligence is used in a wide variety of contexts and fields including...
The Importance of Data Driven Analytics and HR Scorecard Dashboards for Corporates
Data, Data Everywhere, But No Insights Yet Corporates generate much data on a daily basis that can include everything from data about performance of employees, payroll metrics, production figures, outage times, and just about any conceivable functions such as Sales and Marketing,...
Importance of HRM for Organizational Success
We have discussed the basic concept of HRM and the ways in which it helps the organization meet its goals. In this article, we discuss the reasons for organizations to have a HRM strategy as well as the business drivers that make...
Importance of Employee Satisfaction
Employee satisfaction is of utmost importance for employees to remain happy and also deliver their level best. Satisfied employees are the ones who are extremely loyal towards their organization and stick to it even in the worst scenario. They do not work...
Importance of Employee Relations – Why Employee Relations at Workplace?
Every individual at the workplace shares a certain relationship with his fellow workers. Human beings are not machines who can start working just at the push of a mere button. They need people to talk to, discuss ideas with each other and...
The Importance of Networking for Management Graduates and Professionals
Networking for Management Graduates If you are in a business school or college, chances are that networking would be useful to you to make a difference in your eventual career. For instance, networking can be a great method of knowing about how...
Job Analysis – Job Description and Job Specification
Job analysis is primary tool in personnel management. In this method, a personnel manager tries to gather, synthesize and implement the information available regarding the workforce in the concern. A personnel manager has to undertake job analysis so as to put right...
Importance of Performance Appraisals and How to Conduct them Effectively
The Importance of Performance Appraisals People work in organizations for monetary and nonmonetary reasons. While monetarily, employees look forward to increasing pay and perks, they also look for job satisfaction and fulfillment in their jobs. Thus, the motivators that determine whether a...
Need and Importance of Employee Retention
Employee Retention refers to the techniques employed by the management to help the employees stay with the organization for a longer period of time. Employee retention strategies go a long way in motivating the employees so that they stick to the organization...
Importance of Discipline and Punctuality at Workplace
Discipline and punctuality are two most essential traits required in a professional to be successful. Discipline ensures individuals behave in an acceptable way at the workplace and also adhere to the rules and regulations of the organization. Individuals who are disciplined are...