what are the factors that effect compensation?
what is compensation? job and pay satisfactions?
globalization,technology,E-Business and SWOT
external factors affecting Human Resource Planning - government legislation -job mobility factors -population shifts -economic cycles and condition -geographical concerns -educational levels of workers -technological changes -changes in social views -political changes -international events
UPS's HR was influenced by several external factors, including economic conditions, labor market trends, and regulatory changes. Economic fluctuations could impact demand for package delivery, affecting staffing needs. The competitive labor market required UPS to offer attractive compensation and benefits to attract and retain talent. Additionally, changes in labor laws and regulations, such as those related to wages and working conditions, also played a significant role in shaping HR policies and practices.
External factors affecting human resource management include whether a competitor is hiring and how many competitors the company has. Both of these situations affect the type of talent and organization attracts.
Factors affecting delegationsize of organizationimportance of the duty or decisiontask complexityorganizational culturequalities of subordinates
internal and external factors in the organizational environment
Mostly competitor external prices affect pricing.
In any Company there are Internal Factors affecting the company and External Factors affecting the company. Internal Factors are Management Descisions on what sort of business the company is in, quality of services or stock sold by the company. External Factors affecting the company include the Global Financial Crisis, government policies, and central bank interest rates.
External factors affecting staffing include the community, competitive environment and education levels in the community. If there unemployment rate is high in the area, it will help organizations find qualified candidates easier.
globalization,technology,E-Business and SWOT
internalproductionhuman resourcesmarketingavalible financeexternalcompeitiosstate of the market - growth/decline
mainly there are 2 types of factors affecting international business. 1) internal factors 2) external factors 1) internal factors:- internal factors of international business includes political parties,suppliers,buyers,competitors and consumer of respective country. 2) external factors:- external factors of international business are those where you need to examine the whole crietari these are political environment,legal environment,socio-cultural environment,demographic conditions of respective country.
external factors affecting Human Resource Planning - government legislation -job mobility factors -population shifts -economic cycles and condition -geographical concerns -educational levels of workers -technological changes -changes in social views -political changes -international events
External factors affecting staffing include the community, competitive environment and education levels in the community. If there unemployment rate is high in the area, it will help organizations find qualified candidates easier.
UPS's HR was influenced by several external factors, including economic conditions, labor market trends, and regulatory changes. Economic fluctuations could impact demand for package delivery, affecting staffing needs. The competitive labor market required UPS to offer attractive compensation and benefits to attract and retain talent. Additionally, changes in labor laws and regulations, such as those related to wages and working conditions, also played a significant role in shaping HR policies and practices.
External factors affecting human resource management include whether a competitor is hiring and how many competitors the company has. Both of these situations affect the type of talent and organization attracts.
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