Rowan Plan

Rowan Plan is an Individual incentive plan and modified from Halsey Plan.  It is developed by James Rowan. Under this plan, a minimum time wage is guaranteed to every worker. …

Halsey or Weir Plan

Halsey or Weir Plan is Individual incentive plan, earning are related directly to the performance of the individual worker. The plan was developed by F.A. Halsey.  Under this Plan, a …

Wage Incentives

It refers to performance-linked compensation paid to improve the motivation and productivity of employees. It implies monetary inducement offered to employees to perform beyond accepted standards.  It includes all the …

Outplacement

It is the human resource program used to help separate employees deal with the emotional stress of job loss and to provide assistance in finding a new job.  It helps …

Stay Interview

The interview is taken to understand employee better.  The stay interview is an opportunity to build trust with employees and to assess the degree of employee satisfaction and engagement that …

Exit Interview

Exit Interview is an interview held with an employee who is leaving the organization voluntarily. Purpose- It is to find out the reasons why the employee is leaving and/or to …

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