A Study on Promotion and Reward Policy of India - MBA HR
A Study on Promotion and Reward Policy of India - MBA HR Introduction Every company must strike a balance between internal sources of people advancement and external sources of recruiting. As a result, promotion must be based on a policy that is consistent, fair, and transparent. The National Institute of Personnel Management (NIPM) has proposed a promotion strategy along these lines: Creating an organisational chart to make the promotion ladder visible to all employees. Such a chart is simple to create when there is a job analysis and a pay policy in place. Making the promotion procedure obvious to all parties involved, including those who may start and manage promotion cases. Though department heads may start promotions, senior management must provide final permission after the personnel department has been requested to examine if any repercussions are likely to arise as a consequence of the planned promotion. For More Details About A Study on Promotion and Reward Policy of India - M...