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Showing posts from November 15, 2020

Team Management Blog 8

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Recruitment and selection involve screening and selecting qualified professionals for the job (Compton et al. 2014). It helps in reducing operating costs for an organization as it hires competent and motivated staff for the job, also reducing costs related to staff turnover. Furthermore, the recruitment and selection processes are carried out upon careful consideration of company’s annual budget and long-term goals. Henceforth, team members, performance appraisal ensuring an employee’s performance is at par with company’s expectations and performance appraisal helps in keeping the company’s productivity up (Abraham 2014). Therefore, SHRM teams, regularly administer employees’ performance, provide feedback and training, reward the high-performing employees, and take disciplinary actions when necessary. Furthermore, compensation & employee benefits involve all the elements of a pay package such as salary, incentives, leaves, etc. It is considered as one of the biggest motivating fact...