for an annual management bonus award. (Many lower-level employees were included in a separate “management-by-objectives” incentive plan.) The management bonuses were based on company-wide performance. Each year‚ a bonus pool equal to 10 percent of the corporation’s profit after taxes in excess of 12 percent of the company’s book net worth was set aside for assignment as bonuses to managers. This amount was divided by the total salary of all the executives eligible for a bonus. This yielded an “award
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Table of Contents No Title Page No 1 Preface 2 2 Executive Summary 2 3 Introduction 3 4 Organizational Culture 3-4 5 Market segmentation 5-6 6 Human Resources practice 6-7 7 Promotion and marketing practice 7 8 One chosen problem that observed in the internship area 8-12 8.1 Introduction 8 8.2 Description and analysis of the problems 9-10 8.3 Recommendation 10-12 9 Conclusion 13 10 Appendix 14 PREFACE Only the theoretical
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employee/employer relations‚ such salary and seniority allowance. [edit] Variable pay Variable pay is a monetary (cash) reward that is contingent on discretion‚ performance or results achieved. There are different types of variable pay plans‚ such as bonus schemes‚ sales incentives (commission)‚ overtime pay‚ and more. An example where this type of compensation plan is prevalent is the real estate industry and real estate agents. A common variable pay plan might be the sales person receives 50% of
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appollolibrary.com What is online banking? (2003‚ March 28). BankRate. Retrieved March 8‚ 2005 from the World Wide Web: http:// http://www.bankrate.com Wolfe‚ D. (2004‚ October 13). Why some are placing bets on in-branch online banking. American Banker accounts. Sun Sentinel. Retrieved March 9‚ 2005 from the World Wide Web: http://proquest.umi.com
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because the internet is open 24 hours‚ and can be accessed from anywhere in the world. Transactions are in most cases as fast as clicking buttons on one’s computer screen‚ and often faster than ATM processing. Banking online is more efficient because bankers can access and manage multiple accounts through one online bank account. Online customers are able to take advantage of simple features that enable them to check balances‚ transfer funds between multiple accounts‚ pay bills through the automated
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to designation of employee. Thisallowance is given to employee for their children education. Bonus:- Individual employees may receive additional compensation payments in the form of bonus‚ which is a onetime payment that does not become part of the employees basic In AMUL bonus is paid to employee on regular basis on Diwali. According to thepayment of bonus Act.1965 organisation must paid bonus at a rate of 8.33%. AMULfollow this rule and
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performance of the relevant participating fund. The insurance company carries out an annual valuation at the end of each financial year and may declare following bonuses: • Compounded Reversionary Bonus: This regular bonus is expressed as a percentage of the total of Base Sum Assured and Reversionary Bonus already attached to the policy. Any bonuses declared by the insurance company in the first 3 policy years vest in the policy‚ once the policy is in force for full policy benefits during the 3 policy
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Michael Moore is the Leni Riefenstahl of our time. Or‚ perhaps he would be better characterized as a Bizzaro World Leni Riefenstahl‚ because while she propped up with propaganda the political powers of her time‚ Moore uses the same techniques to bring down the powers of our time‚ be it GM (Roger and Me)‚ the gun lobby (Bowling for Columbine)‚ the government (Fahrenheit 911)‚ the health care industry (Sicko)‚ or free enterprise (Capitalism: A Love Story). In this latest installment in his continuing
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ALL NEED CAPITAL. WHAT DO INVESTMENT BANKERS DO? Traditional role: assisting clients client WHAT DO INVESTMENT BANKERS DO? Traditional role A) Raising Capital: “Underwriting” B) Buying or merging with other businesses: “Financial Advisory” WHAT DO INVESTMENT BANKERS DO? Over time I.B. has evolved and engaged in different activities 1920s 2000s A) Trading‚ Brokerage‚ and “market making” B) Asset Management C) Investment WHAT DO INVESTMENT BANKERS DO? Clients Big corporations SM Government
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certain fixed period. These deposits are not withdrawn able by cheque‚ draft or by other means. It includes the following. (a) Fixed Deposits: The deposits can be withdrawn only after expiry of certain period say 3 years‚ 5 years or 10 years. The banker allows a higher rate of interest depending upon the amount and period of time. Previously the rates of interest payable on fixed deposits were determined by Reserve Bank. Presently banks are permitted to offer interest as deter¬mined by each bank
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