( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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CHALLENGES OF HRM IN RESPECT OF COMPENSATION PATTERN OF THE EMPLOYEES IN ENTERPRISES OF FAST GROWING RETAIL SECTOR IN INDIA

    1 Author(s):  PANKAJ KUMAR SAHA

Vol -  3, Issue- 2 ,         Page(s) : 422 - 427  (2012 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

The constant changes in retail sector (organized and unorganised) over the past few years due to changing life style, rising consumerism, enhanced buying power of a section of the population, relaxation of FDI in retail sector and Govt. encouragement for local retailers etc. make the role of HRM more challenging. As retail is one of the fast growing sector in India, the key focus of the HRM is not only restricted to recruitment and performance evaluation but also to ensure sufficient provision of rewards to live with dignity. Keywords:- Organised and unorganized sector, consumerism, recruitment and performance evaluation, buying power, rewards.

1. Books:-
2. Datt Ruddar & Sundaram, K.P.M. : “Indian Economy”, S. Chand & Co. Ltd.
3. Gupta, K. Shashi and Joshi Rosy : “Human Resource Management”.
4. Subrammanium, K.N. (1979) : “Wages in India”, New Delhi, Tata McGrew.
5. Singh, Monjit (1990) : The Political Economy of Unorganised Industry : A Study of the Labour Process (New Delhi).
6. Vaid, K.N. (1970) : “Labour Welfare in India”.
7. Venkat Ratan, C.S. : “Unusual Collective Agreements”, New Delhi; Global Business Press (1990).
8. Reports :
1. “Report of the National Commission on Labour” time to time.
2. Govt. of India (time to time) : Reports on conditions of work and promotion of livelihoods in the unorganized sector (New Delhi : National Commission for Enterprises in the unorganized Sector.
9. Journals :
1. The Indian Journal of Commerce.
2. National Wage Board’s Journal.
10. Website :
1. www.labour.nic.in/ss/ssd.

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