Friday, 28 March 2014

the purpose of reward management

Reward management is concerned with the formulation and implementation of strategies and policies in order to reward people fairly, equitably and consistently in accordance with their value to the organization. It deals with the development of reward strategies and the design,...

Forecasting labour demand

As we said previously the firms can forecast labour demand both externally, based on product demand; Seasonal demand, rate forecast, interest rate, exchange rate, competition-based for. And internally (this is the point now) by using several methods such as Managerial judgement ...

 

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