It's also known as the Managerial Grid, or Leadership Grid, and was developed in the early 1960s by management theorists Robert Blake and Jane Mouton.

Good employee-employer relations are sure to have a positive impact on the growth and revenue of a company. This leads to a positive, happier and healthier work environment. Hence, employer-employee relationship is key to the prospects of any organization and forms the backbone of the organization's progress.

A salaried employee is paid based on an annual amount, called a salary. A salary is a regular predetermined amount of pay an employee receives each payday, not determined by the quality or quantity of the employee's work. Some salaried employees are given an employment contract.