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Description
SESSION | DECEMBER 2023 |
PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
SEMESTER | III |
COURSE CODE & NAME | DHRM303– EMPLOYEE RELATIONS MANAGEMENT |
Assignment Set – 1
- What is ERM? Explain the New challenges for ERM in the modern workplace 5+5
Ans 1.
Understanding Enterprise Risk Management (ERM)
Enterprise Risk Management (ERM) is a comprehensive, systematic approach used by organizations to identify, assess, manage, and monitor risks across all aspects of their operations. The core idea behind ERM is to establish a holistic understanding of the risks that an organization faces, considering the interrelationships and the impact of these risks on the organization’s strategic objectives.
Traditionally, risk Its Half solved only
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- What do you mean by Employee Engagement? Explain the factors affecting Employee Engagement in detail. 5+5
Ans 2.
Understanding Employee Engagement
Employee engagement refers to the level of an employee’s commitment and connection to their organization. It is a multifaceted concept, often characterized by an employee’s enthusiasm and dedication to their work and the company’s goals. Engaged employees typically exhibit a high level of passion for their roles, leading to increased productivity, better work quality, and a positive impact on the overall organizational atmosphere. The essence of employee engagement lies in its reciprocal nature; it’s not just about what the employee can do for the
- Write short notes on the following:
- Common Disciplinary Procedures
Ans 3.
- Common Disciplinary Procedures:
Common disciplinary procedures are essential in organizations to maintain order, productivity, and a harmonious work environment. These procedures are typically designed to address employee misconduct or performance issues. They serve as a set of guidelines that help organizations handle disciplinary matters consistently and fairly.
One common
Assignment Set – 2
- What do you mean by employee rewards? Explain the need of employee rewards in detail. 5+5
Ans 4.
Employee Rewards:
Employee rewards refer to the compensation, recognition, and incentives provided by an organization to its employees as a means of acknowledging and motivating their contributions and performance within the company. These rewards can take various forms, including monetary compensation, non-monetary benefits, recognition programs, and career development opportunities. The primary objective of employee rewards is to enhance job satisfaction, engagement, and retention while aligning employee efforts with the organization’s goals
- Write short notes on the following:
- a) Minimum Wages Act
- b) Industrial Disputes Act
Ans 5.
- a) Minimum Wages Act
The Minimum Wages Act, 1948, is a significant piece of labor legislation in India that aims to protect the interests of workers by ensuring that they are paid a minimum wage that is reasonable and sufficient to maintain a basic standard of living. The act was enacted to prevent the exploitation of labor and to address issues related to low wages and poverty among workers.
Under this act,
- What do you mean by Trade Union? Explain the reasons for joining Trade Union. 5+5
Ans 6.
Trade Union
A trade union, often simply referred to as a union, is a collective organization formed by workers or employees in various industries to protect and promote their rights and interests in the workplace. The primary purpose of a trade union is to act as a representative body for its members, advocating for better working conditions, fair wages, job security, and other employment-related issues. These organizations play a crucial role in the broader labor movement and are a key