Negative Aspect – This aspect uses “fear” as a force to enforce discipline in the organization. If any employee or worker defies the rules and regulation strict punishment is levied on them. This is categorized as traditional concept of discipline. Positive Discipline – Now a days the management of various organizations have adopted positive progressive
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Collective bargaining in India has been the subject matter of industrial adjudication since long and has been defined by our Law Courts .Collective bargaining is a technique by which dispute as to conditions of employment is resolved amicably by agreement rather than coercion. Collective Bargaining machinery essentially is a reflection of a particular social and
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Factors determining compensation planning of an employee considerable amount of guess word and negotiation are involved. But following are the certain factors which have been extracted as having an important bearing upon the final decision: Supply and Demand of Labour: Whatever the organization produces as commodity they desire services and it must pay a price
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Incentives are monetary benefits paid to workmen in lieu of their outstanding performance. Incentives vary from individual to individual and from period to period for the same individual. They are universal and are paid in every sector. It works as motivational force to work for their performance as incentive forms the part total remuneration. Incentives
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Introduction One of the most difficult functions of personnel management is that of determining rates of monitory compensation. It is not only duty for organisation but also equally important to both the organisation and the employee. It is significant to organisation, because wages and salaries constitute the greatest single cost of doing business and it
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