What Is The Importance of Employee Empowerment?

What Is The Importance of Employee Empowerment?

  Advertisement     Empower means to authorise or give power to; therefore employee empowerment involves giving power or authority to employees. Importance/significance of employee empowerment I. Improves morale. II. Quick decision making III. Better utilisations of human resources-. IV. Concentrate on important issues. V. Less labour turnover. VI....

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What Is The Meaning of Employee Retention?

What Is The Meaning of Employee Retention?

      EMPLOYEE RETENTION Employee retention is a process in which the employees are encouraged to remain with the organization for the maximum period of time or until the completion of the project. Retention involves five major things: 1.Compensation Compensation includes salary and wages, bonuses, benefits, prerequisites, stock...

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What Is The Meaning of Employee Promotion?

What Is The Meaning of Employee Promotion?

Promotion– It means an improvement I pay, prestige and responsibilities of an employee within his/her organization. It refers to greater opportunities, higher status and better salary. Promotion may be temporary or permanent depending upon organizational development.  Now-a-days, MNC’s follow promotion based on merits as employees productivity, efficiency and performance...

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“ For achieving behavioral change, the core values of individuals have to be addressed”. Discuss the statement in context of Indian organisations

“ For achieving behavioral change, the core values of individuals have to be addressed”. Discuss the statement in context of Indian organisations.   In Indian organisations individuals have forgotten their core values. The values of faithfulness, simplicity, etc. and the behaviour in organisations today is very materialistic, selfish. No...

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