Promotion is the advancement of an employee to a better job- better in terms of greater responsibility, more prestige or status, greater skill and especially increased rate of pay or salary.
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Placement in HRM is the process of putting the right person in the right job. The objective of placement in HRM is to position the selected candidates in the jobs for which they are most suited.
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The methods of recruitment used by companies play an important role in shaping their workforce and ultimately influencing their success. By understanding these methods, organizations can make informed decisions and optimize their recruitment strategies to successfully attract top talent.
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Strategic planning is a stream of decisions and actions, which lead to the deployment of an effective strategy or strategies to help achieve corporate objectives decisions and actions, which determine whether an enterprise excels, survives or dies.
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