English

Briefly Explain Any Four Types of Leave that May Be Availed by an Employee. - Business Studies

Advertisements
Advertisements

Question

Briefly explain any four types of leave that may be availed by an employee. 

Answer in Brief

Solution

Methods of Raising Morale :
Monetary Incentives: Monetary incentives like good salaries and wages help to encourage the employees for greater productivity. The management should evolve such a wage/salary structure which enables the workers to earn at a reasonable level and to live a decent life. Assurance of a sound wage structure builds up morale of workers.

Non-Monetary Incentives: Non-monetary incentives are also helpful in boosting the morale of employees. These incentives may be provided to them in the form of medical aid, recreational facilities, holiday homes, creche facility to the children of working couples, etc.

Job Security: Security of job boosts the morale of the employees. The management should follow a good labour policy that ensures the security of the job to its employees. The workers should also be assured that in case their services are not required in their present jobs, they will be absorbed in alternative jobs sooner or later or immediately.

Sound Promotion Policy: A sound promotion policy is a must to boost the morale of the employees. Promotion policy should be so adopted by the management that it gives proper weight age to merit and seniority. If only one base either seniority or merit is adopted, it will not be good for the morale of the employees.

shaalaa.com
Encashment of Leave, Gratuity
  Is there an error in this question or solution?
2018-2019 (March)

APPEARS IN

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×