Fiscal policy refers to the federal government’s efforts to keep the economy stable by increasing or decreasing taxes or government spending. The first fiscal policy tool is taxation. High tax rates tend to slow the economy because they draw money away from the private sector and put it into the government. High tax rates may discourage small-business ownership because they decrease the profits businesses can earn and make the effort less rewarding. Monetary policy is the management of the money
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Includes employment security‚ merit selection in hiring‚ extensive training and development‚ sharing information‚ pay based on performance and self-managed teams. Best Fit – A close relationship between HR methods and the strategy of the business Resource based view – Focusing on the internal resources of the business and the contribution they make to the competitive advantage of the business. Interdependence with other key business functions HR and Operations: Most of the employment in your business
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complaint of discrimination effectively‚ an employer should have a basic understanding of the process and procedures used by the EEOC to enforce the federal laws that prohibit employment discrimination. By knowing in advance what to expect‚ an employer can best prepare its defense. EEOC ProcessAny individual who believes that his or her employment rights have been violated may file a charge of discrimination with EEOC. Charges may be filed by mail or in person at their nearest EEOC office. Once an employee
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HR Management Chapter 3 Application case: Siemens builds a strategy-oriented HR system Question number 1 a) Examples of four strategically required organizational outcomes are: • Producing high tech products and services. • Geographic expansion: Expanding the new products and services in different countries. • Customer satisfaction (superior customer service). • Productivity and quality management (offer consistently high quality services). b) Examples of four required
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04-Feb-0 Contract of Employment: Civil code has ~3300 articles‚ contains all civil/general laws of Quebec. Contract[1] of Employment is a portion of the code. [2085] “what it’s all about.” An employee: Contractor: No direction and control‚[2] contractor sets his own daily schedule‚ vacation schedule‚ provides his own tools (e.g. computer)‚ is able to subcontract work. o e.g. lawyer: is hired as an agent/agency‚ does not direct/control • Important to specify between the
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Glossary of HR terms Term Absolute ratings Definition A rating method where the rater assigns a specific value on a fixed scale to the behavior or performance of an individual instead of assigning ratings based on comparisons between other individuals. The Accident Compensation Corporation Accident compensation Affirmative action Also : Positive discrimination. Carried out on behalf of women and disadvantaged groups and members of such groups are placed in dominant positions. Appraisal Attrition
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HR Policies & Employment Legislation Why policies are important Policies serve several important functions: * Communicate values and expectations for how things are done at your organization * Keep the organization in compliance with legislation and provide protection against employment claims * Document and implement best practices appropriate to the organization * Support consistent treatment of staff‚ fairness and transparency * Help management to make decisions that
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One Their are certain laws in place which cover employment. Employment law is likely to have a profound impact on employees throughout their working lives. It governs the employment of every employee and working in the UK. Any worker or employee working in the UK is entitled to certain employment rights‚ and protected by employment law. Employment law does not always work in the favour of the employed as it also protects the rights of employers too. There are numerous employment rights. It is important
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periods of time. They perform specific tasks that often require special job skills and are employed when an organization is experiencing significant deviations in its workflow (as in non-profitable organizations). 2) Please explain the role of the HR department during downsizing activities. Please provide an example that highlights your understanding. * HRM must ensure that proper communications occur during downsizing. * HRM must minimize the negative effects of rumors and ensure
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CIS183: Oracle SQL Programming Lab #2‚ Due 2/15/2011 All exercises will be completed using your class login (c183_#) on the class server. Using the HR schema (which has been created in your class login)‚ complete the following questions: After Lesson 2: 1. The HR department needs a report that displays the last name and salary of employees who earn more than $12‚000. 2. Write a query that displays the last name and department number for employee number 176. 3. Write a query to display the
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