Profit sharing refers to various incentive plans introduced by businesses that provide direct or indirect paymen…

Bargaining is the process of cajoling, debating, discussing and even threating so as to arrive at an amicable ag…

Plant level union is one which all the workers in a factory or establishment join hands to protect their interes…

Collective bargaining is a process of negotiation between employers and group of employees aimed at reaching agr…

Job specification is a written statement of the minimum qualifications and traits that a person needs in order t…

Assets means any item of economic value owned by an individual or corporation that can provide future ecnomic benifit…

Career planning is the process by which one selects career goals and path to these goals. The major focus of car…

Career is the sequence of positions held by a person during the course of a lifetime. People pursue careers to s…

Human resource management involves five functional areas, viz., recruitment and selection, development  and tr…

Women enterprises are those scale units, where one or more women entrepreneurs have not less than 51% of financi…