LIFE INSURANCE CORPORATION OF INDIA LTD. In 1956‚ the life insurance business of all companies was nationalized and a single monolithic organization‚ the Life Insurance Corporation of India (LIC)‚ was set up. Today‚ life insurance is almost entirely in the hands of the LIC. The Post and Telegraph Department conduct some business in this area for its employees‚ but the volume of that business in relation to that of LIC‚ is negligible and declining. The objectives of the LIC are to: • Spread
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DATA Company: Bailey Distributing Company Current Credit Policy 1/10‚ net 30 40% of customers under discount $200‚000 annual sales 20‚000 units‚ annual sales New Credit Policy 3/10‚ net 50 50% of customers under discount $250‚000 annual sales 25‚000 units‚ annual sales Ordering Cost: $100/ order Carrying Cost: $1/ units Average Cost: $6‚ 50/ unit Average Inventory: EOQ/2 Cost of Goods Sold= 65% of Net Sales General and Administrative Expenses= 10% of Net Sales Interest
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1.What is HR planning ? Human resources planning is a process intended to help guide the organization plan in many general areas concerned with the organization in order to enhance its employees performance‚ such as‚ staffing‚ the growth and development of the organization‚ planning training programs for the employees‚ job rotations‚ and the process of designing‚ managing and implementing programs that help and support the employees like benefits and compensation programs. Nowadays‚ human resources
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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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Service Analytics • Oracle Marketing Analytics • Oracle Contact Center Analytics • Oracle Loyalty Analytics • Oracle Price Analytics 3.Industry Applications • Oracle US Federal Financial Analytics HR Reporting Types of Reports HR Reporting - Types of HR Reports Security - LDAP or Alternative. All reports should be driven off a Position/ Job or Organisation style Hierarchy Points to take note of - Multiple Subordinates within a Position. Take Note of Key KPI’s - Such
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Chapter 1 Meeting present and emerging strategic HR challenges Types of Employees Environmental challenges Organization challenges Individual challenges Planning and implementing strategic HR choices Benefits/Challenges of HR planning Strategic HR Choices Work flows Staffing Employee separations Selecting HR strategies to increase firm performance Fit with organizational strategies Corporate strategies Business Unit Strategies Fit with the environment Fit with Organizational Characteristics
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is an inevitable trend for HR because HR plays a driver role in a company or an organization (KRMG HR Transformation‚ 2010). Innovation in Human Resource Management Workers are the most important asset of a company because the company’s future direction and operations are based on leaders and staff. If you are an HR leader or an HR employee‚ you should understand “what’s the meaning of innovation for HR”. Based on Michael Stanleigh’s research‚ all of people who work n HR department‚ no matter whether
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The HR Professional Map captures what successful and effective HR people do and deliver across every aspect and specialism of the profession‚ and sets out the required activities‚ behaviours and knowledge. By covering 10 professional areas and 8 behaviours‚ set in 4 bands of competence the Map covers every level of HR profession. HR Professional Map is the foundation of HR profession‚ and it sets out what HR practitioners need to know and do and how the need to go about doing it at all stages
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Management HR and the practice of Management 1. Evaluate the strategic choices that Qantas has from both a theoretical and practical perspective‚ and examine how these choices affect human resource planning. 2. If you were in a position to advise Alan Joyce‚ what would you recommend he does to maintain the commitment to employees and implement HR Planning? Explain your recommendations. Name: HE CHEN Fin No: G1173124X Batch NO: CBM2 1476B Lecture: Mr. John Neo Due Date: 12 March 2015 Word Count:
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HR Metrics for Employee Engagement Submitted by: Abhishek Bansal (A003) Pranav Kamath (A012) Aanchal Maria (A018) Kritika Thakur (A029) Contents INTRODUCTION ...................................................................... 3 EMPLOYEE ENGAGEMENT ...................................................... 4 HR METRIC ............................................................................ 5 HR METRICS & EMPLOYEE ENGAGEMENT .............................. 6 Annexure ......
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