HR BLOGG

  source :https://www.google.com/url?sa=i&url=https%3A%2F%2Fwww.awanireview.com%2Fbecause-your-salary-is-very-important%2F&psig=AOvVaw2Z0kTAHk6VB What is a Salary? Salary is the regular payment made by an employer to his or her employees in exchange for the work performed by them. It is paid at fixed intervals, generally on a monthly basis, and often expressed as an annual sum.   Basic Salary It’s the figure agreed upon between a company, its employee, without factoring in bonus, overtime, or any kind of extra compensation. It’s a fixed sum paid to employees in exchange for the work performed by them. The basic income is derived before any reductions or increases due to overtime or bonus, allowances are made.   Gross Salary It’s the sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings, before any deductions or taxes. It is opposed to net income, defined as the gross income minus taxes and other deductions. i...

       Source : https://www.google.com/url?sa=i&url=https%3A%2F A culturally diverse workplace empowers people to develop their talents and skills. A range of ideas and expertise enables those to learn from a more diverse collection of colleagues. It can also boost problem-solving capabilities and increase happiness and productivity. What is cultural diversity in the workplace? Cultural diversity in the workplace is when companies are open to hiring employees from all sorts of different backgrounds; regardless of race, religion and culture. When companies recruit and retain a diverse pool of people, it brings about different benefits to the company as well as its employees. Benefits: 01.Diverse cultural perspectives can inspire creativity and drive innovation 02.Local market knowledge and insight makes a business more competitive and profitable 03.Cultural sensitivity, insight, and local knowledge means higher quality, targeted marketin...

  Source  - http://www.assignmentpoint.com/wp-content/uploads/2013/08/Globalization3.jpg Today, human resource managers have to devise strategies that are ‘glocal’ – global yet local. 01. Recruitment Today’s workforce is a mix of on-site/off-site teams and remote/virtual teams across different locations, genders, age and ethics.   02. Compensation Employees always want more – whether it is the basic salary, perks or benefits. Compensation is the primary motivator for any person.   03. Training Every newly hired candidate has to be taken through training regarding the company’s policies and procedures as well as his or her job role. 04. Labour Laws Obviously, labour laws vary from one country to another. The human resource managers are required to have a thorough knowledge of international and domestic labour laws or else the company may find itself in a legal soup.   05. Attracting Talent Today’s employees want to join organizations on their term...

Source: How to transition from a manager to a leader , www.smartinsights.com/managing-digital-marketing/personal-career-development/how-to-transition-from-a-manager-to-a-leader   Hard-working managers aspiring to get to the next level in their careers can benefit from learning to transform management skills into leadership skills.    What Makes a Great Leader? In a competitive job market, companies may begin to retain and promote only their most skilled managers, who possess excellent management skills and exemplify the qualities of a good leader.  Leadership skills also can be developed if you know where to focus your efforts.   Leadership Skills for Managers to Develop :-   *  Le arn every day – from everyone. (A leader is an effective listener) * E mbrace the past when planning for th e future . * H elp everyone feel like part of the solution . * O ptimistic and model positive behavior .  ...