Welfare Measures of an Employee in BHEL 1 A Project Report On EMPLOYEE WELFARE MEASURES At Bharat Heavy Electricals Limited (BHEL) Ramachandrapuram Hyderabad-32. In Partial fulfillment of Award of the degree of MASTER OF HUMAN RESOURCE MANAGEMENT SUBMITED BY Harika.Viswanatham Under the guidance of Mrs. K.Sujana Manager (HR)‚ BHEL‚ Hyderabad Padmasri Dr.B.V.Raju Institute of Technology 2 Narsapur ACKNOWLEDGEMENT I express my gratitude to the management of Bharat Heavy Electricals
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Job Redesign and Workplace Rewards Assessment PSY 320 Job Redesign and Assessment Goal setting is an important aspect of motivational techniques. A business that sets goals or has an employee set accomplishment goals will have more productivity that than those who do not set goal. The following paper is a look into the writer’s job and its system of goal setting‚ performance evaluation‚ and workplace reward system in regards to job satisfaction. Major components‚ tasks‚ and responsibilities
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Appraisal discussions • Personal development (training‚ coaching‚ reading‚ sittings etc) • Management development • Good job design • Team working (interaction and mutual responsibility) • Extrinsic reward and recognition (basic pay‚ performance pay‚ awards‚ saying ‘well done’) • Intrinsic rewards (the satisfaction from doing a worthwhile job reasonably well) • Effective remedies for under performers. Performance management levels: • Organisation • Department • Unit • Team • Individual
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Reviews conducted Quarterly………………………………………..…pg.11 8.0 Learning and Development………………………………………………………………………………..pg.11 8.1 Off the Job Training………………………………………………………………………………..pg.12 8.2 On the job Training………………………………………………………………………………..pg.12 9.0 Rewards Package……………………………………………………………………………….………………pg.13 10.0 Conclusion…………………………………………………………………………..…………………………..pg.14 11.0 Appendix A………………………………………………………………………………………………………pg.16 12.0 References………………………………………………………………………………………………………pg.17 1.0 INTRODUCTION
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Diversification plays a vital role in the economy of our nation. This paper will provide an example of a well-diversified country versus a poorly diversified country. Nations invest in a variety of financial risks to ensure the security of its investment. Diversification can involve investing in a variety of stocks as well as a variety of bonds. “A portfolio strategy designed to reduce exposure to risk by combining a variety of investments‚ such as stocks‚ bonds‚ and real estate‚ which are unlikely
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Four Ways to Reward and Motivate Employees All businesses want motivated employees. Using monetary and other rewards to improve motivation is a simple idea‚ but doing it fairly and effectively is a challenge. Four steps to follow in implementing a rewards program are as follows: 1. Establish an action plan. 2. Be creative in determining rewards. 3. Give employee rewards a personal touch. 4. Group rewards may be appropriate‚ but do not undermine individual initiative. Reaction:
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Employee retention is very important to organizations. If employees can not be retained‚ the company will have to invest money for training new employees time and time again. The cost of replacing an employee is high not only financially‚ but in terms of lost productivity‚ the time taken by the employer to go through the resumes and the cost incurred to conduct interviews. The best away to avoid this costly affair is to focus on the retention of employees as otherwise it will have a castigating effect
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Employee Engagement What’s Your Engagement Ratio? Copyright © 2008‚ 2010 Gallup‚ Inc. All rights reserved. 1 Copyright © 2008‚ 2010 Gallup‚ Inc. All rights reserved. Gallup®‚ Gallup Consulting®‚ CE11®‚ Q12®‚ Performance OptimizationTM‚ and The Gallup Path® are trademarks of Gallup‚ Inc. All other trademarks are the property of their respective owners. Employee Engagement as a Core Strategy The world’s top-performing organizations understand that employee engagement is a force that
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Vinay Ravindran‚ 9866254387 Vinaykumar07@yahoo.com ….For Discussion only…. Employee Engagement Model Achieve Results Employee Engagement is directed towards achieving results. The first key of the model is on the far right hand side and begins with the results the organization‚ department‚ team‚ or individual wants to achieve. The key question for this part of the model is: What do you want achieve and how will you know when you achieve it? Craft Strategy From the far right hand side of the
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24. Employee Relations 16/04/2014 21/05/2014 Ms. Uzma Farooq Assignment No Assignment Title 1 Understand the context of employee relations against a changing background & Understand the nature of industrial conflict and its resolution In this assignment students will distinguish between unitary and pluralistic perspectives with reference to employee relations‚ learn the changes that have affected trade unionism and be able to explain the role of the main players in employee relations
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