In Nepal, organizations offer various retirement benefit programs to ensure financial security for employees after they stop working. These programs are designed to support individuals in their old age or when they can no longer work. Below are the major types of retirement benefit programs commonly offered by Nepalese organizations: 1. Provident Fund (PF) 2. … Read more
Intrapreneurship vs Entrepreneurship The differences between intrapreneurship and entrepreneurship are as follows: Intrapreneurship Entrepreneurship They work within a company. They start their own business. They use company resources. They use personal or external funding. They take lower risks rather than the company bears losses. They take higher risks and may face personal losses. They follow … Read more
Career development is a dynamic and deeply personal process that evolves over a lifetime, shaped by our aspirations, experiences, and the changing world around us. It’s not just about climbing the corporate ladder or achieving financial success; it’s about discovering who we are, what we value, and how we can make a meaningful impact through … Read more
Question: Explain the methods of on-the-job training. What are the steps involved in such training? Answer: On-the-job training (OJT) is a hands-on method of teaching employees the skills, knowledge, and competencies they need to perform their job effectively. Instead of sitting in a classroom, employees learn in real-time while performing actual work tasks. This method … Read more
Question: As training is very important for increasing the efficiency of workers, suggest five off-the-job training methods for the workers of the organization. Answer: Training is like giving your team the tools they need to shine. Here are five off-the-job training methods that can help workers grow and bring fresh energy to the organization: Workshops … Read more
On-the-job training (OJT) is a common approach where employees learn skills directly in the workplace while performing their actual job tasks. It has its own set of advantages and disadvantages, which can impact both employees and employers. Here’s a explained take on it: Advantages of On-the-Job Training(OJT) Real-World Experience OJT allows employees to learn by … Read more
Evaluating the effectiveness of a training program is crucial to ensure that it meets its objectives and delivers value to both employees and the organization. The process involves assessing whether the training has improved knowledge, skills, and performance while also considering its impact on business goals. Below are some key methods and criteria for evaluating … Read more
Differentiate between training and development programs. Do you think job rotation is a good method to use for developing management trainees? Why or why not? Explain. Training and development programs are both essential for employee growth, but they serve different purposes and focus on different aspects of learning. Let’s break down the differences and then … Read more
Question: Organizational human resources are updated and made capable of handling new job problems through employee training and management development programs. In line with this, discuss the different techniques of on the job and off the job training for management and supervisors of the company. Answer: Employee training and development are essential for keeping an … Read more
Performance appraisals are an important part of managing employees in any organization. They help assess an individual’s work, provide feedback, and guide career growth. However, like any system, performance appraisals come with both benefits and challenges. Benefits of Performance Appraisal Encourages Employee Growth & Development Regular feedback helps employees understand their strengths and areas for … Read more