UNIVERSITY Directorate of Distance Education MBA Project Report NAME : VIJAY SHARMA ROLL No. : 1208020962 SPECIALIZATION: HUMAN RESOURCE MANAGEMENT SESSION : 2012 - 2014 Title of the Project A STUDY OF COMPENSATION MANAGEMENT SYSTEM IN TNT SAB EXPRESS LTD Table of contents 1. Title of the project. -------------------------------------------------3 2. Acknowledgement. -------------------------------------------------6
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THE COMPONENTS OF A COMPENSATION SYSTEM :- Compensation will be perceived by employees as fair if based on systematic components. Compensation systems are designed keeping in minds the strategic goals and business objectives. Compensation system is designed on the basis of certain factors after analyzing the job work and responsibilities. Various compensation systems have developed to determine the value of positions. These systems utilize many similar components including Job descriptions
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workforce is dissatisfied with the current remuneration system. Riordan’s management is asking the CEO for a restructure or change in the system. The first approach to make changes is design of a pay-for-performance plan. Pay-for-performance plans (PfPP) are those that introduce variability into the level of pay received and seem to have a positive impact on performance if designed well (Milkovich & Newman‚ 2004‚ ch. 9). Nestlé Corporation focuses on its employee benefits in hopes to improve employee
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Tiffane Moody Empire State College April 08‚ 2014 Human Resource Management Module 1 paper The Strategic Role of Human Resource Managers Human Resource management (HRM) refers to the policies‚ practices‚ and systems that influence employees’ behavior‚ attitudes‚ and performance. “Many companies refer to HRM AS involving people practice” according to Noe R.A. (2013) Effective HRM Practices has been shown to enhance company performance by contributing to employee and customer satisfaction
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and highly popular mode of mobile communication. The SMS (Short Messaging System) Statistics from Communication & Multimedia Malaysia had indicated that over 3‚406 million SMS have been sent in the first period of year 2005. It seems like the fifth factor that everyone has to have it. Besides the convenience of usage in anywhere or at any time‚ the user can also listen to music‚ play games or surf the internet. Another increasingly popular function is the message services in forms of short message
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Compensation and benefits Assignment – 1 BPCL KOCHI REFINERIES BPCL KOCHI REFINERY Kochi Refinery‚ a unit of Bharat Petroleum Corporation Limited (BPCL)‚ embarked on its journey in 1966 with a capacity of 50‚000 barrels per day. Formerly known as Cochin Refineries Limited and later renamed as Kochi Refineries Limited‚ the refinery was originally established as a joint venture in collaboration with Phillips Petroleum Corporation‚ USA
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| Employee Compensation and Benefits | Patrick Blackwater | | Grand Canyon University – MGT 434 | 11/10/2012 | | Human Resource Management is responsible from developing job and pay structures for internal and external comparison so accurate job descriptions are developed and evaluations can be done so proper pay scales can be implemented. Job structure is a comparison of employee job descriptions of similar and varied jobs (Robbins‚ 2005). Pay structure is based on internal
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EPS and Compensation Only applies to common shares The Issue EPS is a measure of income earned for each share of common stock EPS = NI – preferred dividends (declared and THIS YEARS cumulative but not declared) Weighted average number of shares EPS with a stock dividend = NI – preferred dividends Shares outstanding * split ratio (or 1 + stock dividend %) Example This year we earned $100‚000 and have 50‚000 shares
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Groups? III. Types of Interest Groups IV. Interest Groups Incentives V. Interest Group Strategists VI. Regulating Lobbyists I. Interest Group Interest Group- An organized group of individuals having common goal and actively attempting to influence government policies. II. Why have interest groups been so successful in the United States? Variety of interest due to economic social cleavages among the members of the American society Efficient Democracy Accessible Government- Multiple points of access
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Essay – factors that influence pro-social behaviour What is pro-social behaviour? It is the voluntary actions that are intended to help or benefit another individual or group of individuals. This definition refers to the consequences of a person’s actions‚ motivations and their behaviour; behaviours which include a broad range of activities: sharing‚ comforting‚ rescuing‚ and helping. But there are a many different factors that influence this behaviour‚ that affect one’s decision to give‚ share
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