Psychological and Social Factors
What do you mean by Psychological and Social Factors?
Expert
Psychologically person perceive wages and compensation package as sole parameter for success or failure in the life. Compensation package plays significant role in the employees pride, moral, motivation and psychological engagement and involvement in the work. Therefore such variable should not be overlooked by the organization while determining wage and salary structure. Socially and ethically also people feels that “equal work should carry equal pay” that is wage should be in agreement with efforts and workers should not be felt like being cheated. Compensation policy should not make any discrimination on the basis of caste, color, Sex or region, and must try to satisfy condition for fairness equity and justice.
Illustrate the formula of Paired Comparison also give an example?
For marketing purposes what are the innovative ways to use press releases?
Explain the procedure of Assessment Centre method.
What requisites for Successful HRP?
in what condition appraisal assist in counseling interview?
What are the various factors Affecting Compensation Planning?
What are the different types of interviews?
What are the objectives of Compensation Planning to Employees?
What is the importance of human resource management?
Elucidate the increasing investments in Human Resources?
18,76,764
1928533 Asked
3,689
Active Tutors
1438517
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!