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t. e. Industrial relations or employment relations is the multidisciplinary academic field that studies the employment relationship; [1] that is, the complex interrelations between employers and employees, labor/trade unions, employer organizations, and the state. The newer name, "Employment Relations" is increasingly taking precedence because ...
Workplace relationship. Workplace relationships are unique interpersonal relationships with important implications for the individuals in those relationships, and the organizations in which the relationships exist and develop. [1] Workplace relationships directly affect a worker's ability and drive to succeed.
It is designed to maximize employee performance in service of an employer's strategic objectives. [1][need quotation to verify] Human resource management is primarily concerned with the management of people within organizations, focusing on policies and systems. [2] HR departments are responsible for overseeing employee-benefits design ...
Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, and disability insurance. Employment is typically governed by employment laws, organisation or legal contracts.
Employee relationship management. Employee Relationship Management (ERM)[1] is the practice of maintaining desired employee-employer relationships. It is a part of Human Resource Management. The main goal of ERM is to build and maintain positive connections among employees to ensure smooth business operations.
Two-factor theory. The two-factor theory (also known as Herzberg's motivation-hygiene theory and dual-factor theory) states that there are certain factors in the workplace that cause job satisfaction while a separate set of factors cause dissatisfaction, all of which act independently of each other. It was developed by psychologist Frederick ...
Insider-outsider theory of employment. The insider-outsider theory is a theory of labor economics that explains how firm behavior, national welfare, and wage negotiations are affected by a group in a more privileged position. [1] The theory was developed by Assar Lindbeck and Dennis Snower in a series of publications beginning in 1984. [1][2][3]
[16] [18] If an employee feels the costs of their work or employment relationship outweighs the benefits received from their work, the employee will be more likely to choose to end the employment relationship, to pursue an employment relationship that provides greater regard for benefits and social exchange theory. [16] [18]