Training- according to the Labor Code of the Philippines, is the systematic development of the attitude, knowledge, behavior patterns for the adequate performance of a given job or task.
Identifying Training Needs Common types of Training 1. 2. On-the-Job Training and Job Rotation 3. Vestibule Training 4. Apprenticeship Training 5. Classroom Training 6. Programming Instruction 7. Management Development Program
Human Asset Accounting
Human Asset (for human resources) accounting attempts to place a value on an organization’s human asset. There are several methods have been suggested for finding the financial value of an organization’s human resources: 1. Startup cost 2. Replacement 3. Present-value-method 4. Goodwill method
Movement of Personnel *Transfer – refer to shifting of an employee from one position to another w/out increasing his duties, responsibilities, or pay
*Promotion -- refer to shifting of an employee to a new position to which both his status and responsible are increase.
*Separation – it’s from the employment of the company may either be temporary or permanent, voluntary or involuntary.
Separation from the employment of the company may either be temporary or permanent; voluntary or involuntary.
1. Lay-off – temporary and voluntary, usually traceable to a negative business condition. 2. Discharge- Permanent separation of an employee, a person may discharged if he is not competent to his job. 3. Resignation- Voluntary and permanent separation of an employee due to low morale, low salary, etc. 4. Retirement- Voluntary if the company as provided by its policies. It is involuntary if one retires upon reaching the retirement age of