Paper has been designed such that it acquaints the students with the basic management concepts and organizational processes in the organization
Training & Development: Meaning, Importance, Benefits, Types, Process, Methods of Executive Development, Evaluation, Training need assessment. Career Planning : Concept, Process of career planning, career counselling, limitations
Compensation:Job Evaluation- Concept, importance and Methods Wage and Salary- Objectives, Factors and Methods Rewards and Incentives- meaning, Advantages, Types of Incentives, Fringe Benefits
Performance Appraisal: Meaning, Process, Problems, Methods of Performance Appraisal
Pay for Performance: Basic concepts (ESOP, Profit Sharing, Gain Sharing) Job Changes: Transfers, Promotions
Industrial Relation: Basic Concepts: Need for Industrial Relations; Prevention and Settlement of Industrial Dispute, Collective Bargaining.