Employee Benefits Increasingly‚ employees are being allowed to choose benefit packages from a menu of items. For instance‚ workers may be given a package of benefits that includes basic and optional items. Basics might include modest medical coverage‚ life insurance equal to a year’s salary‚ vacation time based on length of service‚ and some retirement pay. But then employees can use credits to choose among such additional benefits as full medical coverage‚ dental and eye care‚ more vacation
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connection between employee engagement and business results; a meta-analysis conducted by Harter et al (2002:272) confirms this connection. They concluded that‚ “…employee satisfaction and engagement are related to meaningful business outcomes at a magnitude that is important to many organisations”. However‚ engagement is an individual-level construct and if it does lead to business results‚ it must first impact individual-level outcomes. Therefore‚ there is reason to 7 expect employee engagement
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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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Employee Monitoring: Employer Safeguard or Invasion of Privacy? Sarah L. Voorhees Employee Monitoring: Employer Safeguard or Invasion of Privacy? Employee privacy has been a controversial topic especially with the rise in internet usage‚ the popularity of social media increasing‚ and the addition of GPS to mobile devices. With these advances in technology there are numerous ways for employers to monitor their employees’ time at work. According to Evans (2007) as many as eighty percent of the
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others. b. Something or someone preferred. c. Someone or something so chosen. “EMPLOYEE PREFERENCES” These are what most people want in a job‚ what job they want to apply to. For men: Security (keeping of one’s job); and advancement (promotion) For women: type of work (those that suits them) nature of the company (refers to working hours‚ work environment‚ pay and training opportunities) For most people‚ they prefer a job that has the following factors: 1. Interesting work
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Comilla University Department of Marketing Term Paper On Marketing Research Group Name - Zephyr |SL No |Name |Exam Roll | |01 |Mehdi Hasan |0807007
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INTRODUCTION Human resources is the most important asset for any organisation . In competitive business world main part of activities is carried out by the employees in the organisation. A healthy workforce ensures increased efficiency and productivity for organisation. Maintaining quality of work life for its employees is an important concern for the any organisation. The grievance handling procedure of the organisation can affect the harmonious environment of the organisation. The grievances
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leave Absence Rate = + unauthorized leave -------------------------------------------------------------------- X 100 Man shifts actually worked EMPLOYEE ABSENTEEISM 1 According to the view of K. Aswathappa‚ Absenteeism costs money to the organization besides reflecting employee dissatisfaction with the company. Absenteeism is unavoidable when the employee himself or herself falls sick‚ His or her dependents at home suddenly become unwell or there is an accident inside the plant. Unavoidable absenteeism
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Employee Orientation and Training Programs Orientation is a meeting or the formal activity that specifically prepares employees for working in particular organization and working environment. An orientation meeting can be formal‚ with several new hires in a conference room‚ or it can be informal‚ with the supervisor or another employee on a one-on-one basis. An orientation for new employees can be a advantage to both the employee and the employers. Some of those advantages include the following;
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INTRODUCTION Productivity is very important issue for an industry or organization. There are several factors on which productivity of an organization mostly depends upon. Employee’s turnover is one of them which is considered to be one of the challenging issues in business nowadays. The impact of turnover has received considerable attention by senior management‚ human resources professionals and industrial psychologists. It has proven to be one of the most costly and seemingly intractable
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