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Q. Explain Accelerating premium system?
Accelerating premium system: there are the systems which provide for a guaranteed minimum wage for output below the standard. For the low and average increases in the o/p above the standard small increment in earnings are allowed. Increasingly large earnings are conceded for above average o/p, the increment being different for each 1 per cent increase in the o/p. Very significant in earnings are given for really high o/p. In this system, the production is pushed up higher and higher by discouraging low o/p and rewarding at an increasingly effective rate higher o/p. Such schemes are generally adopted when much higher o/p that what are currently obtained are to be achieved.
STOCKRECORDS : As far as record-keeping is concerned, recording stock levels is likely to be most time-consuming. There are three kinds of record that are required. First is acqui
Effective Human Resource management depends upon sound reward system.
Q. Represents a system approach? It represents a system approach to the personnel in which the emphasis is one of the interrelationships among various personnel policies and pr
Question 1 Define Human resource planning (HRP). Explain the objectives and process of HRP Question 2 What are the factors affecting recruitment? What are the sources of recr
''''HRM depend upon sound reward system''''
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