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The Investors Book

Learn about Investing & Business related terms

Human Resource

Recruitment

September 15, 2018 by Anjali J Leave a Comment

Definition: Recruitment is the process of examining a vacant position in the organisation and attracting the potential candidates to apply for the same, within an appropriate time and at a desirable cost. It is the introductory stage where a job applicant gets to know about the vacancy, and the organisation identifies the candidate's profile. Without recruitment, companies … [Read more...] about Recruitment

Human Resource Management (HRM)

September 12, 2018 by Anjali J 3 Comments

Definition: Human resource management (HRM) is a tactical approach which deals with acquisition, training and development, orientation, motivation and retention of personnel in an organisation. It is a powerful tool for any organisation to succeed. It is a continuous and never-ending process. A human resource refers to the human capital available with the organisation in the … [Read more...] about Human Resource Management (HRM)

Employee Empowerment

September 8, 2018 by Anjali J Leave a Comment

Definition: Employee empowerment is the process of facilitating employees with specific authority and responsibility to achieve the organisational vision by exercising their talent, skills and creativity. It was initially being related to forming of trade unions, but it is much more than that. It enables the managers to convert the regular workforce into a high potential … [Read more...] about Employee Empowerment

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