Sociology
2:) Assume you have to develop an HR plan for a local bank. What specific external environments would be important for you to conduct?
A:) Some of the important external factors would be as follows:
1. Geographic and Competitive concerns: These will help us to understand a better view of the population and the area distribution as well as diversification.
2. Government influences: government influences might include, trade policies, taxes, interest rate policies, area development, etc.
3. Economic conditions: …
Is this Essay helpful? Join now to read this particular paper
and access over 480,000 just like this GET BETTER GRADES
and access over 480,000 just like this GET BETTER GRADES
…of cash, recognition, time-off, bonuses, etc.
3: Combination approach: this would be a mixture of both disciplinary and positive approach.
The rewards of reducing turnover would be:
1: Compensation: This would give a mindful relaxation to the employee on not to go for another job.
2: Carrer planning and internal promotion: This helps the company to keep its employees happy and job satisfied.
3: Job rotation or satisfaction: This too can help a company to keep their employee satisfied.
Need a custom written paper? Let our professional writers save your time.