"Compensation refers to both extrinsic rewards and intrinsic rewards." Explain this statement and state briefly the objectives that guide the design of compensation system in organizations.
In implementing a pay for performance system, what key traps I must avoid to make the system work as planned?
What is job analysis? How can it be useful to the operating manager?
Describe the interaction between Business planning and human resource planning. List the activities that comprise the human resource planning system.
Ideally, HR professionals' role is to facilitate heads of departments and team leaders to function as HR managers." In the light of the above statement discuss briefly the nature and scope of HRM function in organizations.