Australian Journal of Business and Management Research Vol.1 No.9 [113-123] | December-2011 FACTORS AFFECTING EMPLOYEE JOB SATISFACTION OF PHARMACEUTICAL SECTOR Mosammod Mahamuda Parvin: Corresponding Author mahamuda_p@yahoo.com Lecturer‚ Department of Management and Finance Sher-e-Bangla Agricultural University‚ Dhaka M M Nurul Kabir Lecturer‚ Departmrnt of Management Govt. Shohid Suharwardy College‚ Dhaka ABSTRACT The Pharmaceutical sector plays a vital role in underpinning the economic development
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Management Plan MGT/311 September 26‚ 2012 As the manager of three individuals at Riordan Manufacturing‚ I found the assessments very interesting and useful. Using the results of the assessments I gained insight about my employee’s strengths and weaknesses. The results showed me how my employee’s characteristics affect the organization. Using this information I was able to assess their future within the company and create a management plan that will enhance their abilities. The first
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Turnover and Productivity Turnover deeply related with the productivity of an organization. Employee turnover can hamper the overall productivity of an organization and is often a symptom of other difficulties. Productivity is the measures of an organization to achieve its targeted production with the means of workforce‚ authority’s strategies‚ machineries‚ equipments and assets [15]. Authorities must have plans to increase their productivity. Various terms affect productivity such as incentive
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Employee benefits 1.) Pogi Company has established a defined benefit pension plan for its employees. Annual payments under the pension plan are equal to 3% of an employee’s highest lifetime salary multiplied by the number of years with the entity. An employee’s salary in 2011 was P500‚000. The employee is expected to retire in 10 years‚ and the salary increase are expected to average 4% per year during the period. On December 31‚ 2011‚ the employee has worked for 15 years‚ The future value
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Employee benefits Depending on the business‚ meeting employer business goals may be highly dependent on having the right human capital and keeping workers satisfied and motivated. Often‚ attraction and retention of employees are key business issues. The discussion of employer goals for retirement benefits below and the data provided demonstrate that employers are viewing the provision of these benefits as a key business issue‚ with attraction‚ retention and being competitive being the three top
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care there have been times in which‚ the directors of the hospital have been trying to get rid of Licensed Practical Nurse or LPNs and want their nursing staff to only be Registered Nurses or RNs. If LPNs are eliminated there will be a huge nursing shortage in the hospital setting. If a LPNs is currently working in a hospital setting are told to get their RN by a date or they will be fired. This is a problem because older LPN that is close to retirement they are not likely to want to go back to school
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What is the employee engagement? Employee engagement is a workplace approach designed to ensure that employees are committed to their organisation’s goals and values‚ motivated to contribute to organisational success‚ and are able at the same time to enhance their own sense of well-being There are differences between attitude‚ behaviour and outcomes in terms of engagement. An employee might feel pride and loyalty (attitude); be a great advocate of their company to clients‚ or go the extra
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Executive Compensation: An agency problem: The globalized world of today has seen many scandals derived from the compensation schemes that are granted to top-level executives from their respective organizations. The compensation policies put in place in organizations are a result of a fundamental agency problem‚ the problem being that of the principal and the agent relationship. The issue arises due to the principal who hires the agent to perform day-to-day management tasks and oversee operations;
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Making employee engagement happen in today’s organisations – moving forwards‚ from strategy to action The Communications Lab is a communication practice specialising in employee engagement. We help organisations use employee engagement to turn business issues into business outcomes. We want to experiment with internal communication and employee engagement‚ sparking debate‚ provoking ideas and new ways of thinking within our industry. To enable this to happen we have set up the lab. The lab
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The Current Undergraduate The article‚ “Ask Not What You Can Do For Your University‚ but What Your University Can Do For You”‚ written by the University of California Los Angeles Student WebZine‚ claims that universities are no longer providing education for students‚ but rather running a business. Colleges have turned into a profit seeking institution‚ making decisions based on financial concerns. The article claims that students are customers and education is a purchase. Webzine scolds the students
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