Compensation may be defined as money received in the performance of work, plus the many kinds of benefits and services than organisations provide their employees….

The organisation’s ability to pay Supply and demand of labour The prevailing market rates The cost of living Living wage Productivity Trade union Bargaining power…

These should be definite plan to ensure that differences in pay for jobs are based upon variations in job requirements. Such as skill, effort, responsibility…

Performance appraisal means evaluating an employee’s current or past Performance relative to the person’s performance standards. Appraisal involves: (i) Setting work standards(ii) Assessing the employee’s…

Health of Workers in Factories See- 11 to 20 of Factories Act 1948 contain provision regarding creation provision regarding creation of Healthy working conditions for…

The term ‘industrial Relations’ refers to all type of relationships between all the parties concerned with industry. The parties related to industry are the workers…

The Primary objective of industrial relations is to maintain good & healthy relations between workers and management in the enterprise. All other objectives revolve around…

(1) Workers & their Organisation:- The personal characteristics of workers, their culture, educational attainments, qualifications, skills, attitude towards work etc, play an important role in…

Industrial Peace:- Cordial industrial relations bring harmony & remove causes of disputes which leads to industrial peace which is necessary for productivity and growth. Higher…

A trade Union may be defined as an organisation of employees formed on a continous basis for the purpose of securing diverse range of benefits….