Equity Theory of Motivation, developed by John Stacy Adams in 1963, explains how employees assess fairness in the workplace by comparing their contributions and rewards with those of their peers. According to this theory, employees are motivated when they perceive that their input-to-output ratio is fair relative to others. Inputs refer to the effort, skills, …
The Employees’ Provident Fund (EPF) is a social security scheme in India that is managed by the Employees’ Provident Fund Organization (EPFO), which is under the Ministry of Labour and Employment, Government of India. EPF is applicable to organizations with 20 or more employees and certain other specified establishments. It is aimed at providing financial …
Workforce diversity refers to the inclusion and representation of individuals from various backgrounds, demographics, and identities within a particular organization or workplace. It encompasses differences such as race, ethnicity, gender, age, sexual orientation, physical abilities, religion, socioeconomic background, and more. Workforce diversity recognizes that individuals bring unique perspectives, experiences, skills, and talents to the workplace, …
‘Mirage Investments Ltd’ is a wealth management company with multiple locations in India. The top management plans to create a dynamic human resource department for managing employee relations. You have been hired as their HR business Partner. Explain to the top management, what will be the objectives of your HR department in this organization. Give …
DYNAMIC HRM, CAPABILITIES AND ORGANIZATIONAL AGILITY – NMIMS ASSIGNMENT Read More »
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