"Compensation system of an industrial organization of bangladesh" Essays and Research Papers

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    Industrial dispute

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    Industrial Conflict Definition and Causes of Industrial Conflict Industrial conflict is the situation where disputes and disagreements arise between employees’ and employers over matters related to the working conditions. Conflict is endemic among human grouping because of the divergent interests which are usually diametrically opposed.While employers must maximise his profit by reducing to the minimun level the cost of production which is usually at the detriment of the employees‚ employees

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    | Employee Compensation and Benefits | Patrick Blackwater | | Grand Canyon University – MGT 434 | 11/10/2012 | | Human Resource Management is responsible from developing job and pay structures for internal and external comparison so accurate job descriptions are developed and evaluations can be done so proper pay scales can be implemented. Job structure is a comparison of employee job descriptions of similar and varied jobs (Robbins‚ 2005). Pay structure is based on internal

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    Problem in Bangladesh Bangladesh is a poor country. The country has many problems. Unemployment is one of the major problems on Bangladesh. Unemployment means to remain without work. This problem hampers our all round development. Many causes work behind unemployment. Ours is an agriculture country. People cannot work all the year round. In agriculture there is some seasonal work. After the seasonal work people become workless. As a result they become unemployed. We have a traditional system of education

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    Workers compensation is the one of the required benefits that have to be offered from employers to their employees. According to (Milkovich‚ Newman‚ & Gerhart (2014)‚ workers compensation costs employers on average around 58.3 billion dollars a year and it is considered as a major cost of doing business. Workers compensation is a type of no-fault insurance that covers injuries and illnesses that happen while one is at their place of employment. Some of the benefits that are given are for medical

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    UTILIZATION OF HUMAN RESOURCES (HR) FOR THE-ECONOMIC DEVELOPMENT OF BANGLADESH INTRODUCTION 1. Human being is the God’s best creation. So is the Human Resource (HR)‚ the best of all the resources that a country might possess. ’People’ is one of the four constituents of any state‚ without it there would be no state. As the number of the people goes high‚ the state also becomes wealthier‚ provided that‚ this resource is managed properly to suite the requirement of the state or the country. HR

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    "Bangladesh" is a combination of the Bengali words‚ Bangla and Desh‚ meaning the country or land where the Bangla language is spoken. The country formerly was known as East Pakistan. Location and Geography. Bangladesh straddles the Bay of Bengal in south Asia. To the west and north it is bounded by India; to the southeast‚ it borders Myanmar. The topography is predominantly a low-lying floodplain. About half the total area is actively deltaic and is prone to flooding in the monsoon season from May

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    Despite serious problems related to a dysfunctional political system‚ weak governance‚ and pervasive corruption‚ Bangladesh remains one of the few democracies in the Muslim world. Bangladeshis regard democracy as an important legacy of their bloody war for independence‚ and they vote in large numbers. However‚ democratic institutions and practices remain weak. Bangladesh is generally a force for moderation in international forums‚ and it is also a long-time leader in international peacekeeping

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    Industrial Relations

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    INDUSTRIAL RELATIONS PERSPECTIVES UNITARY THEORY Workplace “has one source of authority and one source of loyalty” (Fox 1996: p. 3) - Dunlop (1958) argues that in a unitary theory‚ work organizations are integrated institutions with workers and management working in harmony. - Thus no conflict thesis is a dubious integration. It thrives on assumptions that all workers identify not only with the aims of the enterprise but also with the operating methods (Seifert 1992)

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    Industrial Relation

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    O LYMPIA B USINESS S CHOOL Advanced Diploma In Business Administration F ILO -T EXT INDUSTRIAL RELATIONS October‚ 1998 R AFFLES E DUCATION G ROUP Kuala Lumpur w Petaling Jaya w Penang w Singapore w Jakarta w Bangkok w Beijing w London w New-York School Of Business & Marketing Industrial Relations T ABLE OF C ONTENTS TABLE OF CONTENTS ............................................................................................................................... 2 INTRODUCTION.

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    Introduction System of rewards is one of the key aspects in managing human resources within any organization. It has profound impact on attracting‚ retaining and motivation of employees and as a result on the overall performance of an organization. There is no doubt that employee compensation‚ which according to Dessler refers to all forms of pay or rewards going to employees‚ is the crucial factor in employee motivation. There are different two types of compensation: direct and indirect compensation. Direct

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