The Scenario Three years ago‚ I joined AXA which I was responsible to managed 2 portfolio namely the Finance Operation function and also in charge of the local reporting to the Regulator on a monthly basis with 8 staffs. In 2010‚ our company finally acquired another local company‚ BHI Insurance and like any other merger and acquisition‚ some of the staff of he new acquired company are make redundant and some are employed as staff of the new merged company. In 2011‚ as the finalization
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between two till 5 hour will at least 1.5 time or higher that the amount of normal working hours. Higher the executive level‚ will be no overtime paid when extra hour but the incentive or token will be included as a bonus at the end of the year. (3) Remuneration . In the private sector ‚ their salaries are pay according to amount of hour work or the amount of production or services they can do with in one day .with a skilled worker ‚ surely they are get their jobs done faster that a newly employed workers
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SEMI FINAL SUBMITTED BY: ALAN WILSON E. NABONG ANCILLARY CONTRACTS Understanding ancillary contracts 1. Describe the legal implication of a master-pilot relationship. The Respective Roles and Responsibilities of the Pilot and the Master The compulsory state pilot directs the navigation of the ship‚ subject to the master’s overall command of the ship and the ultimate responsibility for its safety. The master has the right‚ and in fact the duty‚ to intervene or displace the pilot in
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What Role Do HRM Practices Play In A Business Decision To Expand Internationally? Ilein Arteaga 2608214 Florida International University HRM CONTRIBUTIONS TO INTERNATIONAL EXPANSION OF BUSINESS Human Resource practices play a great role in the international expansion of businesses. With globalization being the current trend in businesses all over the world‚ success of international business units depends heavily on the effective performance of the Human Resource department
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In order to obtain a valuable return of this paper‚ I’ve decided to have a closer look to the organization I am working and make a connection with the Art Friedman – Friedmans Appliance & Ron Johnson – Department of Accounting cases that we studied. It was very interesting when during the class I started to understand and to form a different perception on the facts and situations that are happening in the company I am working with. We can say that Art Friedman was a team leader according to the
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countries. Then‚ she turns her attention to the basic functions of international human resource management‚ among them recruitment and selection of new employees‚ development and training of employees‚ assessment of work efficiency‚ as well as remuneration of employees. As the expatriates are often given special attention by their work organizations‚ she concludes the paper with the description of the additional challanges occurring in the management of these employees. 1. INTRODUCTION
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DECLARATION To be completed by candidate: Centre name: ACACIA LEARNING Candidate name: Lucianne Powell CIPD Qualification undertaken: CIPD Membership No: 42847350 Unit code(s): 3PRM Unit title(s): Supporting Good Practice in Performance and Reward Management Unit tutor: Karen Philpson Date due for assessment: 2nd December 2014 Date submitted: 1st December 2014 Word Count: State number of word used Candidate declaration: I confirm that the work/evidence presented for assessment is my own unaided
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Part A - Governance and Responsibility 1. Principles-based vs. Rules-based 1.1 Principles-based approach (1) Principles-based approach requires the company to adhere to the spirit rather than the letter of code. (2) The approaches focus on objectives rather than the mechanisms by which these objectives will be achieved. (3) The approaches can lay stress on those elements of corporate governance to which rules cannot easily be applied. (4) The approaches can applied across different
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Pirates of the Silverland A. INTRODUCTION OF THE CASE Palm Haul Sdn Bhd (PHSB) was actively engaged in the business of transportation of crude palm oil (CPO). It was in a niche market because of high demand in delivering the CPO from the mills to the refineries. In addition‚ due to this reason‚ the industry players were rewarded with high gross profit margin which ranged on 35% - 45% with low administrative overheads. However‚ as PHSB involved in service industry‚ high cost of sales was inevitable
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of incentives in firms. Journal of Economic Literature‚ 38‚ 7-63. Salimaki‚ A. and Jamsen‚ S. (2010) Perceptions of politics and fairness in merit pay. Journal of Managerial Psychology‚ 25(3)‚ 229-51. Schloss‚ D.F. (1907) Methods of industrial remuneration. 3rd edition. London‚ Williams and Norgate. Varone F. and Giauque D. (2001) Policy management and performance-related pay: comparative analysis of service contracts in Switzerland. International Review of Administrative Sciences‚ 67‚ 543-65. Vroom
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