fahimmba2022 24th batch

  BLOG – 10 – Organizational Culture Figure 1 - Organizational Culture The culture of a company determines how employees should conduct themselves. Leaders build shared views and values, which are then conveyed and reinforced through numerous techniques, ultimately impacting employee perceptions, behaviors, and understanding.   An organization's culture is defined as a set of shared views, values, and assumptions among its members (Schein, 1985).   “Any leader or manager who needs to improve the organizational effectiveness of his or her institution should be able to diagnose the organizational culture” (Gamage, 2006). Types of Organizational Cultures 1.          Clan Culture. Clan culture is more common in traditional organizations than in digital ones. Because these businesses are frequently family-owned, employees are frequently nurtured through interpersonal connections or mentoring programs. Naturally, all of this is d...

  BLOG – 09 JOB ROTATION                                                                                                            Figure -1 Job Rotation Job rotation is a management method that involves shifting employees from one job to another in order to familiarize them with all aspects of an organization. Job rotation is intended to improve employees' work experience, cross-train them, and increase their job happiness. Employees are shifted between two or more tasks or positions at regular intervals in order to expose them to all verticals of a business, which is known as job rotation. It is a method of testing an employee's...

  Blog- 8 – Staff Promotion Figure 1 -  Promotion A staff promotion occurs when an existing employee is recruited into a position that is 'up the ladder' from his or her previous position. A promotion like this usually comes with new responsibilities, new expectations, and, in many cases, more authority and pay. The term promotion denotes progression, progress, and achieving higher recognition and status in his field of expertise (Adeboye & Adegoroye, 2012; Mogaji, 1998). Employee morale is boosted, and they are more motivated to perform better. Promotion prospects provide employees optimism and faith in their careers at work, motivating them to improve their work performance and other organizationally accepted behaviors (Chukwu, 2017; Kim, 2012). Staff promotion Is important as, it is benefitting to both the company and the employees. Employees are rewarded for their efforts, and corporations frequently improve the quality and capabilities of their workforce (Indeed...

  Blog – 7 - Employee Benefits                                                                  Figure 1 - Employee Benefits. Employee benefits are non-monetary compensation granted to employees as a condition of employment. Employee benefits may be required by law (depending on the risk connected with the work or industry, as well as the regulations of the country where the employment is held) or offered by the employer voluntarily.   Pensions, sick pay, insurance coverage, corporate automobiles, and a variety of additional 'bonuses' are among the employee benefits (Armstrong, 2007). Six Different Type of Employee Benefits & Incentives.   1.          Benefits  That Are Required by Law, When putting together a package, the first thing you'll w...

  BLOG – 6 – JOB SATISFACTION                Figure 1 - Job Satisfaction Employee job satisfaction is described as how happy they are with their jobs. This includes happiness with team members/managers, satisfaction with organizational policies, and the impact of their employment on employees' personal lives, in addition to their daily responsibilities (Basumallick, Chiradeep, 2021) .   Job satisfaction is defined as a combination of positive and negative feelings about someone's work. Meanwhile, when a worker is employed in a commercial organization, he carries with him his own set of needs, desires, and experiences, all of which determine expectations that he has previously ignored. Job satisfaction is a measure of how realistic expectations are in comparison to actual rewards. Job satisfaction is inextricably tied to an individual's behavior at work (Davis et al .,1985). Importance of Employee Satisfaction Employees work happiness...

  BLOG - 5 EMPLOYEE TURNOVER                                                                Figure - 1 Employee Turnover The total number of employees who leave an organization during a given time period is referred to as employee turnover. Employees who leave voluntarily as well as those who are dismissed or laid off are included in involuntary turnover. Employee turnover refers to the movement of employees across the labor market, including between firms, jobs, and occupations, as well as between states of employment and unemployment (Abassi et al ., 2000).   Five Main Reasons for Employee Turnover 1.         Lack of Growth and Progress. It's important to provide opportunities for employees to grow and develo...

  BLOG - 4 PERFORMANCE APPRAISAL AND EVALUATION.                                                          Figure 1 - Performance Appraisal Performance evaluation is defined as a procedure in which managers or immediate supervisors systematically assess an employee's personality and performance against established attributes such as skillset, role expertise, technical know-how, attitude, timeliness, and so on. The word "performance appraisal" refers to the process of evaluating an employee's job performance and overall contribution to the firm on a regular basis. A performance assessment, also known as an annual review, performance review or evaluation, or employee appraisal, assesses an employee's abilities, accomplishments, and growth, or lack thereof.  (Hayes an...