What is meant by the term benchmarking, and why is it important in human resources management?
Question:
What is meant by the term benchmarking, and why is it important in human resources management?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
In the context of human resources management benchmarking refers to the process of comparing various practices metrics and outcomes of your own organi...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Human Resources In Healthcare Managing For Success
ISBN: 9781567932997
3rd Edition
Authors: Bruce Fried, Myron D. Fottler
Question Posted:
Students also viewed these Business questions
-
Design a Java class that represents a cache with a fixed size. It should support operations like add, retrieve, and remove, and it should evict the least recently used item when it reaches capacity.
-
The following letter was sent to the SEC and the FASB by leaders of the business community. Dear Sirs: The FASB has been struggling with accounting for derivatives and hedging for many years. The...
-
.QUESTION .all the questions to be thoroughly explained Invocations of its type operations involve no writes to persistent memory and no output to clients. Concurrent processes may invoke the object....
-
Evaluate the limit of the sequence or state that it does not exist. an || 1 + 32n n
-
Implement a generic Map that supports the put and get operations. The implementation will store a hash table of pairs (key, definition). Figure 5.55 provides the Map specification (minus some...
-
In the second quarter of 2013, the probability that a marketing email would be opened was 28.5% . A business sent a marketing e-mail to 18,200 subscribers. How many of these e-mails can the business...
-
Discuss the pros and cons of using social networks to recruit top talent.
-
A metal sign for a car dealership is a thin, uniform right triangle with base length b and height h. The sign has mass M. (a) What is the moment of inertia of the sign for rotation about the side of...
-
Consider the following fixed-point iteration: xn+1 = g(xn), where [f(x)] 2 g(x) = x (x + f(x)) f(x)* (a) What is the order of convergence for the method? (e.g. what is p?). Hint: Show that the method...
-
Explain why the revenue side of the budget is just as important as the cost side when it comes to determining the quantity and quality of human resources.
-
Define the following terms: Full-time equivalent Labor budget Acuity level Productive hours Down time
-
Find the extreme values on the interval. (x) = x 2/3 2x 1/3 , [1, 3]
-
Mona, the procurement manager at Senso Col Ltd., is responsible for regularly buying dental products from different manufacturers and distributors, including Enamel Supplies Ltd, using Senso Col...
-
Facts LOB A was awarded a FFP contract for a total price of $20M Estimate at Completion (EAC) costs are $16M. Costs incurred are as follows November ITD December ITD $1M $3M During December, a...
-
Please help me respond to the discussion response below using in-text citation and a reference list. I have included the initial discussion question as a reference. Initial Discussion Question:...
-
An organization's customer is the person or group that buys its product. Some people buy and use a certain McDonald's hamburger, and others simply eat at the restaurant. Knowing who uses their...
-
Objective To provide you with an opportunity to promote the development of life skills, in areas including growing and preparing food, waste reduction and recycling. Provide an example of a space...
-
Develop a brief answer for each of the following questions. 1. Is carrying value ever the same as market value? 2. What major advantage does a company that has positive free cash flow have over a...
-
Juarez worked for Westarz Homes at construction sites for five years. Bever was a superintendent at construction sites, supervising subcontractors and moving trash from sites to landfills. He...
-
Assume you are in charge of safety for a retail store in the mall. What steps can you take to decrease the risk of a violent act being committed at your store?
-
Why is it important for HR and compensation professionals to learn about compensation practices in other parts of the world?
-
Define these terms: "International HRM", "PCN", "HCN", and "TCN".
-
12. Quarter wave matching layer calculation: Let there be three different layers of media, with respective acoustic impedances z1, 22 and 23 with boundaries located at x=0 and x = L. Let p = Pe- and...
-
1. Look closely at the graph. Explain what the student forgot to do before they jumped. 3000 2000- 1000- (1.399, 762) 2. How many times did this person jump? Explain how you know. Which of these...
-
First, using the diagram below, decide whether the particle being accelerated parabolically is has positive or negative charge. If it has positive charge, assume it is a proton. If it has negative...
Study smarter with the SolutionInn App