Learning Objectives 1. What is the difference between an employee and an independent contractor? Independent contactor works for‚ and receives payment from‚ an employer but whose working conditions and methods are not controlled by the employer. An independent contractor is not an employee but may be an agent. Seven criteria to be a contractor include: Worker can exercise control over details of work. Worker’s occupation is distinct from that of employer. Worker does not follow employer’s
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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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us how a product should read. A brand is both a prism and a magnifying glass through which products can be decoded. Brands play a critical role in developing customer relationships and determining firm performance which eventually leads to brand commitment.. A brand is the identity of a specific product‚ service‚ or business. The brand is a focal point for all the positive and negative impressions created by the buyer over time as he comes into contact with the brand’s products‚ People engaged in
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INTRODUCTION The focus of this paper is to examine the role of human resource development and workers commitment in organization in particular and in Nigeria as a whole. For the purpose of this study‚ the concept of human resource development and manpower development will be used interchangeably. In any organization‚ it is the workforce who is considered important assets for the achievement of organizational goals. Every industry desires to maximize its human resources to see that the best output
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INTERNATIONELLA HANDELSHÖGSKOLAN HÖGSKOLAN I JÖNKÖPING Work Motivation in Banks Are there differences between sexes? Master thesis in Business Administration Authors: Bergström‚ Andreas Ternehäll‚ Mattias Tutor: Jönköping Brundin‚ Ethel. June 2005 Master Thesis in Business Administration Title: Authors: Tutor: Date: Subject terms: Work Motivation in Banks - Are there differences between sexes? Bergström Andreas‚ Ternehäll Mattias Ethel Brundin 2005-06-02 Work motivation‚ differences
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The Employee Relationship The nature of the company I am choosing is a quick service restaurant. Cognitive ability tests assess abilities involved in thinking such as reasoning‚ memory‚ perception‚ mathematical ability‚ and problem solving. These types of tests estimate applicants’ potential to use mental processes to solve work-related problems. Some of the tests add up the correct answers of all the questions to get an overall score that will represent their general mental ability. Other tests
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Workplace Discrimination Business Law Workplace Discrimination Discrimination occurs when an employee suffers from unfavorable or unfair treatment due to their race‚ religion‚ national origin‚ disabled or veteran status‚ or other legally protected characteristics. Employees who have suffered reprisals for opposing workplace discrimination or for reporting violations to the authorities are also considered to be discriminated against. Federal law prohibits discrimination in work-related
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energy and brilliant communicational skills to the job‚ I may be your ideal employee. Not only am I proficient at communicating and bringing vivacity with me wherever I go‚ but I also possess qualities such as trustworthiness‚ dedication‚ and creativity as well. Not only do I bring these values to the job‚ but I also take them wherever I go. I believe that because of these skills that I have‚ I would make the perfect employee. Trustworthiness is an asset that is difficult to come by in the world
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from being just a support function to being a strategic partner in the growth of businesses. It has transformed itself being merely Personnel Management – maintaining records and ensuring statutory compliances‚ while doing the bare minimum to keep employee satisfaction on an even keel - to being an integrated part of the corporate machinery. The HR function of 21st century India has made a transition from being ‘behind-the scenes’ support appendage to becoming the critical differentiator in business
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same organization? The transactional view of employment in that the employee sells his or her labor to the highest bidder is blind to the fact that the relationship between the two parties is of mutual acceptance. The employees too make sacrifices for the organization and deserve to be compensated fairly. Compensation ethics should include:- the obligations to make decisions that are consistent with long-term employee interests ‚ should inform employees within a reasonable time the conditions
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