What's it: Laissez-faire leadership refers to a leadership style in which the leader gives subordinates broad freedom to make decisions, organize work and carry out tasks. Literally, laissez-faire means "let it do" or "let it
Human Resources
Leadership Style: What Is It? What are the types?
What's it: A leadership style is a person's approach to leadership to encourage people to move toward and achieve their goals. It is about how one behaves when leading subordinates. Style influences how to manage, provide direction, implement
Navigating Employment Endings: Dismissal vs. Redundancy, Resignation, and Retirement
This page explores two crucial HR concepts: dismissal and redundancy. Understanding these processes equips Business Management students to navigate potential employment endings, whether as employees or future employers. Dismissal As we know,
Empowerment: Importance, Advantages, Disadvantages
What's it: Empowerment means giving employees power and autonomy to determine their own destiny. Companies not only give employees more delegation and responsibility but also more autonomy. In addition, the company also equips them with adequate
Delegation in Management: How it Works, Advantages, Disadvantages
What's it: Delegation is the act of giving authority to those at lower levels to take on relevant roles or decisions. The company entrusts the task or some less essential decision-making, which has been carried out by superiors, to employees at
Flexible Working: Types, Advantages, Disadvantages
What's it: Flexible working is the practice of giving employees more opportunities and freedom to complete their tasks. It can involve flexibility in time, location, or how to do a task. For example, employees can work from home or anywhere as
Job Enrichment: Importance, Advantages, Disadvantages
What's it: Job enrichment is a method of motivating employees by making work more interesting and challenging. It may involve variations in duties, roles, and responsibilities. In addition, the company gives employees more autonomy and
Autonomy in Management: Its Importance, Advantages, Disadvantages
What's it: Autonomy refers to the degree to which employees have freedom and independence in carrying out their roles and making decisions about their work. Giving autonomy is one way to motivate. Employees have greater respect for the company
Job enlargement: How It Works, Advantages, Disadvantages
What's it: Job enlargement is a method to motivate by giving employees more tasks without changing the challenges. The company gave some new assignments but did not change the overall authority and autonomy. Job enlargement can motivate
Teamworking: Importance, Advantages, Disadvantages
What's it: Teamworking means assigning employees to a task or project with other employees. It may be for developing new processes or products. They collaborate, sharing roles and responsibilities to achieve the set targets. Each team member
Job Redesign: How it Works, Benefits
What's it: Job redesign is the act of rearranging and restructuring the roles, tasks, and responsibilities attached to a particular job. It can involve job rotation, job enrichment, and job enlargement. It aims to make work more interesting,
Job Description: Why It Matters, Examples
What's it: A job description is a document outlining all the inherent aspects of a job in your company. It includes title, duties, responsibilities, the scope of work, hours worked, salary, to whom to report, and qualifications or skills
Training: Definition, Importance, Types, and Benefits
What's it: Training is a human resources program to help your employees sharpen their competencies. It aims to increase performance and productivity in their current role. For example, new employees need the training to adapt more quickly and
Fueling Performance: Understanding Motivation in Business
Motivation is the urge to act or behave in a certain way. The urge can come from persuasion or interest, and personal gain can also be a driver. Other driving factors are wants, needs, goals, preferences, perceptions, attitudes, recognition, and a
Job Rotation: Importance, Advantages, and Disadvantages
What's it: Job rotation is a way to motivate employees by assigning them different tasks and jobs from the ones they were previously working on. That could involve them moving to another division or department. Or, they do different tasks and
Wages in the Labor Market: Types and Differences from Salary
What's it: Wages are irregular payments to workers. Companies may pay them based on the hours worked or their output. It may be paid daily, weekly, monthly, or when the project has been completed. Unlike salary, workers at the same level may
Commission-Based Pay: How it Works, Pros, Cons
What's it: Commission-based pay is money paid to employees based on the value involved, expressed as a percentage. How to pay commissions can vary between jobs and companies. For example, companies pay commissions to salespeople based on their
Profit-Sharing as a Motivator: How it Works, Advantages, Disadvantages
What's it: Profit-sharing is a bonus paid to employees based on the company's profit performance. It is an additional incentive beyond the salary they receive. When it exceeds the target, the company distributes a portion of the profit as a
Salary: Influencing Factors, Advantages, Disadvantages
What's it: A salary is a regular lump sum payment usually paid to employees every month. Companies do not pay it based on the hours worked or the output produced. Instead, they regularly pay every month and at a fixed nominal according to the
Performance-Based Pay: How it Works, Pros, Cons
What's it: Performance-based pay is a compensation scheme beyond salary adjusted for employee performance. If they reach or exceed the targets set by management, employees get bonuses. The company gives it after evaluating the employee's
Time-Based Wage: How it Works, Pros and Cons
What's it: Time-based wage is a remuneration system calculated based on the time contributed by workers. It is usually calculated based on hours worked. Thus, the total wage paid to each individual is equal to the total hours worked times the