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Employee benefits are non-wage compensation provided to employees in addition to their normal wages or salaries. They can be mandated by regulation or discretionary, and include housing, insurance, retirement, tuition, leave, and other benefits.
Learn about the sub-discipline of human resources that deals with employee compensation and benefits policy-making. Find out the basic components, types, and theories of compensation and benefits, as well as their impact on employee satisfaction and organisational justice.
Benefits realisation management (BRM) is a project management methodology that addresses how time and resources are invested into making desirable changes. BRM involves identifying, planning, tracking and realizing benefits from projects, programmes and portfolios, using various techniques such as benefit maps, dependency networks and results chains.
Cost–benefit analysis (CBA), sometimes also called benefit–cost analysis, is a systematic approach to estimating the strengths and weaknesses of alternatives.It is used to determine options which provide the best approach to achieving benefits while preserving savings in, for example, transactions, activities, and functional business requirements. [1]
A benefit corporation is a for-profit entity that considers social and environmental impacts in addition to profit. Learn how it differs from a traditional corporation, when and where it was created, and which states recognize it.
Learn about the history, theory, and practice of human resource management (HRM or HR), the strategic and coherent approach to the effective and efficient management of people in an organization. HRM covers topics such as employee benefits, training, performance appraisal, industrial relations, and diversity and inclusion.
Learn how to live a healthy lifestyle that prevents disease, saves money, lengthens lifespan, and benefits the environment. Find out what a healthy lifestyle means, how to start, and what ...
Learn how businesses can gain a competitive advantage over their rivals by using different strategies, such as cost leadership, differentiation, and focus. Find out the definitions, examples, and theories of competitive advantage from various sources.