A stipend in Human Resource Management (HRM) is a fixed payment given to interns, trainees, or employees for learning or training purposes. This complete guide for beginners explains what a stipend is, how it differs from a salary, its benefits, and its role in employee development and organizational growth.
A stipend in Human Resource Management (HRM) refers to a fixed payment given to interns, trainees, or employees for training and professional development. This complete guide explains what a stipend is, how it differs from salary, and its importance in employee growth and organizational learning.