Islamabad—Money matters have always been a part of human history. The economic system is a collection of people and organizations, as well as their relationships to productive resources.
The whole economic structure is built on four factor: Land, Labour capitan and organization. The most eminent economist of the 20th Century, Marshall said about economy: Economic is a science, which studies human relationship between ends and scares means.
This is considered best definition of economics. The current financial system started on designated thriving as conventional financial system in several states in the previous partially on 20th century and numerous further in the second partly on 19th. Organizations can enhance economic performance by empowering in workers. However, this is done through high participation of management. How those issues relate to an organization’s general performance the study discover whether the impact of people management practices on organizational performance find out organizational performance, or, on the other hand, whether financial advantage helps to develop the performance of the workers.
Over the last decade, much research has been carry out in the pasture for the human resource management in addition to its associations with managerial recital. Prior studies have created considerable positive proof for statistical associations between People Management practices and improved firm performance.
The goal of the study was to investigate the relationships between People Management practices and firm performance with financial compensation to workers.
Study looks at the inter-action among people management practices, flexible timing, training and financial reward to workers and firm performance. It theorizes that people management practices could absolutely influenced performance of worker.—(Aziz Mohmand)
The whole economic structure is built on four factor: Land, Labour capitan and organization. The most eminent economist of the 20th Century, Marshall said about economy: Economic is a science, which studies human relationship between ends and scares means.
This is considered best definition of economics. The current financial system started on designated thriving as conventional financial system in several states in the previous partially on 20th century and numerous further in the second partly on 19th. Organizations can enhance economic performance by empowering in workers. However, this is done through high participation of management. How those issues relate to an organization’s general performance the study discover whether the impact of people management practices on organizational performance find out organizational performance, or, on the other hand, whether financial advantage helps to develop the performance of the workers.
Over the last decade, much research has been carry out in the pasture for the human resource management in addition to its associations with managerial recital. Prior studies have created considerable positive proof for statistical associations between People Management practices and improved firm performance.
The goal of the study was to investigate the relationships between People Management practices and firm performance with financial compensation to workers.
Study looks at the inter-action among people management practices, flexible timing, training and financial reward to workers and firm performance. It theorizes that people management practices could absolutely influenced performance of worker.—(Aziz Mohmand)