Questions with Answer

The role of incentives in employee motivation. How is gain sharing different from profit sharing?

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The role of incentives in employee motivation. How is gain sharing different from profit sharing?The role of incentives in employee motivation. How is gain sharing different from profit sharing?

Role of incentives in employee motivation In today’s competitive work environment, incentives play a crucial role in motivating employees. Incentives are rewards or benefits offered to employees to encourage high performance, commitment, and productivity. They can be monetary, such as bonuses or commissions, or non-monetary, like recognition, flexible working hours, and career development opportunities. By … Read more

Define compensation. Explain the methods of determining employee compensation.

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Define compensation. Explain the methods of determining employee compensation.

Compensation refers to the total payment and benefits employees receive in exchange for their work. It includes salary, wages, bonuses, allowances, and non-monetary benefits like health insurance, retirement plans, and paid leave. Compensation is a key factor in attracting, motivating, and retaining employees while ensuring fairness and compliance with legal standards. Methods of Determining Employee … Read more

What are the various methods of compensations? Show your familiarity with government regulations of compensation in Nepal.

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What are the various methods of compensations? Show your familiarity with government regulations of compensation in Nepal.

Various Methods of Compensations Government Regulations on Compensation in Nepal Labor Act, 2017Sets rules for minimum wages, working hours, overtime pay, and leave entitlements. It also requires written employment contracts. Minimum WageThe government periodically revises the minimum wage to ensure fair compensation; the current minimum monthly wage is around NPR 17,300. Provident Fund (PF)Both employers … Read more

Explain the emerging issues in compensation from Nepalese point of view.

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Explain the emerging issues in compensation from Nepalese point of view.

Compensation refers to the total payment or rewards employees receive in exchange for their work. It includes salary, wages, bonuses, benefits, and other allowances provided by employers. Emerging Issues in Compensation in Nepal: Pay Inequality:There is a big difference in salaries between government and private sector jobs. For example, government employees often get higher pay … Read more

What is compensation management? Discuss the factors that influence determining compensation structure.

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What is compensation management? Discuss the factors that influence determining compensation structure.

Compensation management is a critical function of human resource management that focuses on designing and implementing fair and competitive pay structures and benefits for employees. It ensures that employees are rewarded appropriately for their contributions while aligning with the organization’s financial capabilities and strategic goals. Effective compensation management helps attract, motivate, and retain talented employees, … Read more

What are the major types of retirement benefits programs offered by Nepalese Organization? Explain.

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What are the major types of retirement benefit programs offered by Nepalese organizations? Explain.

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

Please prepare a job description of an HR manager of an IT company.

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Please prepare a job description of an HR manager of an IT company.

Job Description: HR Manager (IT Company) Job Title: HR ManagerDepartment: Human ResourcesLocation: BaneshworReports To: CEO/HR Director Job Summary: The HR Manager will oversee all human resources functions within the IT company, ensuring the recruitment, development, and retention of top talent. This role involves managing HR policies, employee relations, performance management, and compliance with labor laws. … Read more

Why is job analysis considered to be a basic human resource tool? What are the types of information required for that job analysis? Explain.

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Why is job analysis considered to be a basic human resource tool? What are the types of information required for that job analysis? Explain.

Job analysis is considered a fundamental tool in human resource management because it provides the foundation for many HR activities. It helps organizations understand the nature of jobs, the skills required to perform them, and the responsibilities involved. Without job analysis, HR processes like recruitment, training, performance evaluation, and compensation would lack direction and accuracy. … Read more

Design the job description and specification for the post of HR assistance. Imagine that you are doing this on behalf of Nepal Telecom.

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Design the job description and specification for the post of HR assistance. Imagine that you are doing this on behalf of Nepal Telecom.

Job Title: HR Assistant Organization: Nepal Telecom Job Location: Kathmandu, Nepal Department: Human Resource Department Employment Type: Full-time Reports To: HR Manager Job Description 1. Job Summary: The HR Assistant will provide administrative support to the HR department, assisting in recruitment, employee records management, payroll processing, and other HR functions. The position requires strong communication, … Read more

What do you mean by job design? What are its outcomes? Explain.

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What do you mean by job design? What are its outcomes? Explain.

Job design refers to the process of organizing tasks, duties, and responsibilities into a unit of work to achieve specific goals. It involves structuring jobs to make them meaningful, efficient, and satisfying for employees. Job design focuses on what tasks are included in a job, how they are performed, and the relationship between the job … Read more