really better than 5? Did you know that over 100 schools in 17 states in the USA already changed the school regime to a 4 day school week instead of 5? But was that really a wise decision to make? Many other schools all around the world are discussing this issue if they should change the school week to simply 4 days. Education is extremely important but the important question is; what school regime is better? The idea of changing the 5 day school week to a 4 day school week at first looks very
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Week 1 Quiz. Two points each 1. In a corporation‚ the Chief Financial Officer (CFO) usually reports to the: a. Treasurer b. Controller c. Chief Operating Officer (COO) d. VP of Financial Planning 2. The primary factor that separates the corporate form of business from partnerships and sole proprietorships is: a. Corporations are larger than partnerships and sole proprietorships b. The owners of the corporations get to keep all of the profit c. The owners of corporations run the business and
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Individual Assignment: * Career Development Plan Summary Kuganesh Manogharan University of Phoenix HRM/531 Tiffany Mytty February 20‚ 2011 Within the next 12 months‚ Kudler Fine Foods plans to increase customer loyalty by offering added high-margin services‚ leveraging a better understanding of customer
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restricts hostile takeovers. 2. A firm’s compensation system is changed so that managers receive larger cash salaries but fewer long-term options to buy stock. 3. The company changes the way executive stock options are handled‚ with all options vesting after 2 years rather than having 20% of the options awarded vest every 2 years over a 10-year period. 4. The company’s outside auditing firm is given a lucrative year-by-year consulting contract with the company. 5. The composition of the board of directors
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Payment (Before Tax) = $ 5‚677‚989.78 ( per year) Total Tax = .28 +.042 = 0.322 Cash after Taxes = 5‚677‚989.78 * (1 – 0.322) = $ 3‚849‚677.07 (per year). Question 3: Is the State of Michigan justified in advertising the prize amount as 363 million? Explain. Answer 3: No‚ as the Present cash value of the Lottery is only 50% of published value 363 million i.e. 181.5 million. Question 4: If the only option available was an annuity payment plan‚ what could Larry do to maximize the value of his
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Compensation Management Q1.a. What is the role of compensation and rewards in modern organization? What arethe advantages of a fair compensation system? Ans1a. Role of Compensation and Reward in Organization: Compensation and Reward system plays vital role in a business organization. Since‚ among four Ms‚ i.e Men‚ Material‚ Machine and Money‚ Men has been most important factor‚ it is impossible to imagine a business process without Men. Land‚ Labor‚ Capital and Organization are four major factors
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Career Management Plan Summary Raquel Banks HRM/531 Human Capital Management Caroline Willett/course Facilitator August 23‚ 2010 Table of Contents A. Company Introduction B. Job Description‚ Qualifications and Compensation C. Employee Benefits 1. Employee Assistance Program 2. Wellness Program 3. Rewards and Incentives D. Training and Development E. Performance Evaluation
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Accounting Theory Assignment Executive Compensation [pic] Introduction Executive compensation together with corporate governance systems has received an increasing amount of attention- from the press‚ corporations‚ financial academics and also the government. An executive compensation plan is a major application of the agency theory study and‚ thus‚ an agency contract between the shareholders and CEO’s of the business‚ which attempt to align the interests of the owners and the managers
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3.2.3) Analysis Compensation strategy: Strategic Compensation Decisions Every Business Must Make Pay can either be an asset or a liability to a company. Stated another way‚ it can either drive growth or hinder it– fuel performance or diminish it. Is that placing too big a burden on compensation to produce results? I don’t think so. In fact‚ my experience and observation has been that most businesses don’t set high enough expectations for their rewards programs. The evidence is they don’t involve
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Compensation- Employee compensation has three elements: base compensation‚ pay incentives‚ and benefits. These three items constitute remuneration package which the employee obtains for his or her labor. Benefits- pay and benefits are the most significant cost in most organizations. Summary Frank L. Giancola is retired HR practitioner and college professor who taught HR and compensation management at Central and Eastern Michigan University. He graduated with a BA in psychology-sociology from the
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