Job Analysis is an important component of human resource management system. It provides important information which aids in redesigning jobs and organisation structure, planning staffing procedures, designing training and appraisal programs. Job analysis is beneficial for the overall management of all HR activities. Information obtained from job analysis is useful in various personnel activities, such as HRP, employee recruitment, training, [...]
Job analysis is a fundamental analysis to find out what an individual can do with the human characteristics that he/she possesses and that are required to perform a job. That means to diagnose what skill, knowledge and attitudes are required. It is a scientific process of determining the ability, compatibility, and responsibilities of an employee for a specific job. It [...]
The following points highlight the six main components in direct material cost. The components are: 1. Indirect Taxes 2. Transport, Storage and Delivery Charges 3. Quantity Discounts 4. Trade Discount 5. Cash Discount 6. Packing and Container Charges. Component # 1. Indirect Taxes: The indirect taxes like sales tax, central sales tax, excise duty, customs duty payable by the buyer [...]