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A compensation strategy in which all jobs in a particular category are assigned a specific pay category. A method of forecasting internal labour supply that
A compensation strategy in which all jobs in a particular category are assigned a specific pay category. A method of forecasting internal labour supply that involves tracking the pattern of employee movements through various jobs and developing a transitional probability matrix. An integrated set of processes aimed at helping employees contribute to organizational effectiveness, involving assessment of individual performance. The knowledge, education, training, skills, and expertise of a firm's workers. A graphical representation of all jobs within the organization, along with the number of current incumbents and future employment requirements. The process of negotiations between the company and representatives of the union. Visual data that provides details about actual communication patterns, degree of supervision, amount of power and authority, and specific duties and responsibilities. When the employee leaves the organization without resigning and following the normal process. 1. Human Capital 2. Organizational Chart 3. Markov Analysis 4. Staffing Table 5. Broad-banding 6. Performance Management System 7. Absconding 8. Collective Bargaining
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