Human Resource Management (HRM) is a discipline in the broad dimension of management where the study of practices that influences and affects people who work in an organization is conducted. It facilitates the coordination of the Human resource, who are the most important part of an organization.Developing the skills of the personnel, providing the personnel with the necessary training, giving them continuous motivation are all part of Human Resource Management. HRM is a relatively new discipline which brings fresh perspectives and outlook in an organization because it considers manpower as an asset of the organization.In the era of the Industrial ... Read More

Organized and unorganized sectors are mainly differentiated based on employment conditions.Organized Sector − It is incorporated with the appropriate authority and follows the rules and regulations. It is mostly related to Government or some large-scale operations. As these organizations strictly follow government rules they adhere to acts like Factories Act, Bonus Act, PF Act, Minimum Wages Act etc. Workers are paid remuneration as monthly salary regularly and there will be job security.Unorganized Sector − The unorganized sector is the one which is not incorporated into the government. Small-scale operations, petty trade, private business, domestic workers and construction workers etc. come ... Read More