Collectivism is characterized by focusing on the group over the self or the individual. It refers to a culture, a society, or an economy that…
What is Incentive Pay? – Classification, Merits and Demerits
Looking for some effective ways to motivate your employees and ignite their passion? Then incentive pay is one of the most effective ways to engage…
Reward Management – Definition, Types and Benefits
Looking for the best ways to inspire and engage your employees? Then you need to let your employees feel valued and motivated. You need to…
What is Integrated Marketing Communications (IMC)? Definition, Creation & Examples
Integrated Marketing Communications (IMC) is an approach to marketing communications (MarCom) that integrates all forms of communications across different marketing channels to create consistent messaging…
Interpersonal Relationship: Definition, Types and Features
We, humans, are social beings, and we all have a longing for interpersonal relationships, which is a human association with each other, whether it’s a…
What is Boundary Spanning? Definition, Examples & Uses to an Organization
Boundary spanning is a process of developing external relationships by spanning the boundaries for the accomplishment of business objectives. It refers to a situation where…
Self Assessment – Definition, Components and Advantages
Self Assessment is the very first step of channelizing career, personality, or self-development. It offers the most beautiful, useful, and constructive pieces of information that…
What are Social Skills and How to Polish Them?
From the time we were kids, we started to learn the basics of social skills that revolve around learning the best ways to live, communicate, and…
Job Design – Meaning, Characteristics and Principles
Companies employ job design to create brand-new job roles or add duties to existing jobs. For example, the company ABC employs job design to create…
Difference Between Job Description and Job Specification
Outlining of specific skills, qualifications, and characteristics that an individual needs to do a job is job specification. When it comes to applying for a…
Knowledge Transfer – Meaning, Types and Strategies
Do you want to halt the practice of company knowledge leaving the company when employees leave your organization? Then incorporating Knowledge Transfer strategies in your…
Knowledge Management System – Meaning, Stages & Types
Knowledge Management System is an IT system that an organization can use for storing and retrieving knowledge and relevant information, so employees and customers can…
Negotiation – Definition, Outcomes, Steps and Skills
Does a dispute always end up bad? Is there any way it can be solved? What are the tools we can use to resolve a…
Graphic Rating Scale – Definition and Characteristics
The graphic rating scale is the type of appraisal method in which the expected behavior of all traits for effective performance is listed for every…
Merit Pay – Explanation, Advantages and Disadvantages
Merit Pay or merit-based pay is defined as a payment or a reward that is given to the highest performing worker. Explanation Merit pay is…
