Chapter 1 COMPENSATION & BENEFITS Books for reference • George T Milkovich‚ Jerry M Newman‚ C S Venkataratnam. Compensaton‚ Tata McGraw - Hill Educaton‚ 9th editon‚ 2009 • Dewakar Goel. Performance Appraisal And Compensaton Management: A Modern Approach‚ PHI‚ 2nd editon‚ 2012 • Compensaton & reward management by B.D singh. Module coverage • Module 1: Compensaton – an overview ( 5 hours) • Objectve of compensaton - External influences
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Name Student Number External and Internal Factors and how they affect Benefit Packages Course Number Compensation and Benefits Session I FALL 2013 Date Introduction When creating a benefit package for their organization‚ managers must take into consideration an array of conditions that will affect both the organization and the personnel it employs. These conditions range from external factors such as laws mandated by both local and federal agencies to internal
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obtaining goods from a foreigner outside source. Almost every organization outsources in some way; typically‚ the function being outsourced is non-core to the business. By choosing to outsource jobs in developing countries‚ businesses can attain massive benefits while simultaneously strengthening the economies of the two partners. To some outsourcing may seem as a choice‚ but in reality its cost saving factors may be the only option. In America‚ almost every person has seen or bought a product of an outsourced
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Health Benefits: 1. Prevent cancer and heart disease: Honey contains flavonoids‚ antioxidants which help reduce the risk of some cancers and heart disease. 2. Reduce ulcers and other gastrointestinal disorders. Recent research shows that honey treatment may help disorders such as ulcers and bacterial gastroenteritis. This may be related to the 3rd benefit… 3. Anti-bacterial‚ anti-fungal‚ anti-fungal: “All honey is antibacterial‚ because the bees add an enzyme that makes hydrogen peroxide‚”
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U5 AC2.2 - Explain the role and use of peer- and self-assessment in the assessment process. Self-assessment is also conducive to learning providing strict guidelines are set out before the topic is actioned. With regard to making the student responsible for the self-assessment beforehand‚ the student is aware of the responsibility placed upon themselves and the constant self-evaluation contributing towards the final self-assessment. In addition‚ the understanding of the subject and subject matter
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Benefit of ethics in workplace In this today’s world there have been many fraudulent activities which have led to business failure. Therefore‚ this study aims to analyze the benefit of ethical aspect in workplace. The concept of workplace ethics is far more complex than it appears at first glance. There are many facets including the company’s obligation to its employees; and workers duties to their employer. There are the company’s duties to related and unrelated third parties with customers and
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Employee Benefits at HealthCo – Unit #6 Case Study Employee Benefits at HealthCo HealthCo is a nonprofit health care provider operating with 36 clinics in an open system within a functional organization. The clinics include rehabilitation units‚ therapy facilities‚ hospice and geriatric units‚ and other highly specialized centers. HealthCo operates with approximately 6‚700 employees in the eastern United States. In line with the industry‚ HealthCo employs a larger number of women than men
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Breastfeeding Module – HUG 2121 This essay will explore various factors within breastfeeding‚ it will focus on the long and short term health benefits of breastfeeding‚ for both the mother and baby it will also discuss the reasons why women chose not to breastfeed‚ especially within the western society. Contributory factors such as social‚ psychological‚ cultural and political all contribute to the reasons women chose to breastfeed or not. WHO (2011)‚ suggests that breast milk provides the
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The article simply explains how something so small and inexpensive can make and huge impact in your life. It states the obvious; exercising will reduce the risk of many diseases including Coronary Artery Disease. It is considered the nation’s leading cause of death. The small unit offers many benefits to your health‚ but it also expands on the design and many features available. The article also speaks on the benefits and definitions of "Minimal‚ Brisk‚ Walking‚ and Accumulated". It emphasizes
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health benefits. Swimming is a great workout because you need to move your whole body against the resistance of the water. Our nation is surrounded by water and swimming is one of our great passions. As well as being fun‚ swimming is a great way to keep fit‚ stay healthy and make friends. Everyone should learn how to swim. Swimming gives a wide range of benefits for people of all age groups. Swimming is a healthy activity that you can continue for a lifetime. So now‚ let me tell you the benefits of swimming
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