INTRODUCTION The Companies Act‚ 1956 provides for a variety of companies of which can be promoted and registered under this Act. The three basic types of companies which may be registered under the Act are: • Private companies; • Public companies ; and • Producer companies PRIVATE COMPANY Section 3(1)(iii)‚a private company means a company‚ which has a minimum paid up capital of one lakh rupees or such higher paid-up capital as may be prescribed ‚ and by its articles:
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ADROIT Assignment on Establishing Rewards and Pay Plans ADROIT Assignment on Establishing Rewards and Pay Plans Date: 28-06-13 Date: 28-06-13 Submitted to: Dewan Niamul Karim Chairman‚ Dept. of Management Studies Jahangirnagar University Savar‚ Dhaka Submitted to: Dewan Niamul Karim Chairman‚ Dept. of Management Studies Jahangirnagar University Savar‚ Dhaka Course: Human Resource Management Course Code: MGT 301 Submitted By: | | Group Members | ID. No. | Farjana Akter | 684 | Manal Binte
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The story of Milton Hershey demonstrates ‚ persistence and willingness to take risk in order to be successful is amazing. I’m going to give you all my reasons why it is to me and make you think it is too. How it first started is that he was into making carmel and he loved it but but wanted a change so he went and bought an BIG land and went to chocolate.In the late 1970s Mr. Hershey was the new hit. He wanted to be greater and successful and wanted to make something different like
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LINKING COMPENSATION WITH PERFORMANCE APPRAISAL Building a Contemporary Pay for Performance System Over the last two decades‚ most organizations have moved away from pay systems that are driven by tenure to those that reward performance. The basic premise of a pay for performance system is that it rewards high performers - employees with high performance appraisal ratings – proportionately more than low performers. Performance ratings in an organization may follow a standard continuum; employees
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Mike K. Essay on equal pay in the work place. In 1963‚ President Kennedy signed the Equal Pay Act into law‚ making it unlawful to discriminate against a worker on the basis of sex. Since that time‚ the wage gap between men and women in the United States has narrowed by just 15 cents‚ now being 74 cents‚ as reported by the U.S. Census Bureau. Pay equality is most prevalent for the 16 to 24 age group‚ in which women earn more than 90 percent of what men do; however‚ the gap becomes 75 percent
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demand to have equal pay wage or not at all because it affects our community in a majorly negative way. In a society where everyone seems to feel like a victim and justifies their feelings with videos and social media rants‚ a realistic problem facing women in the work force in the Wage Gap battle. This is a battle that has been going on for years. Although it has improved‚ many women are still struggling to be as equal as the man. Professions such as: Nursing and Teachers mostly pay equal amounts of
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felt all around the world. This idea is presented in the movie‚ Pay It Forward. In the movie Pay It Forward‚ a seventh grade social studies teacher assigns a life-altering project that results in a drug addicts second chance on life‚ the reunion of a family‚ and a small social
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Employees tend to lean towards or have better like and understanding with the person focused-pay system for the following reasons. The person focused pay plan deal with deals with the employer rewarding employees for having the ability to pick up other job skills rather than having the ability to display a certain type of job performance (Martocchio‚ 2013). First‚ the employer can look at ways to provide employees with both job enrichment and job security. Job enrichment has a very powerful impact
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controversy with the policies they hold with their employees. Meaning‚ the difference in pay between men and women. There have been many issues with the pay scale that Wal-Mart offers to their employees. From the lowest pay of cashiers‚ stockers‚ and greeters to the store managers all the way up to the corporate level‚ there is a vast difference between men and women. There are many ethical issues that not offering equal pay leads too. When sexes are not paid the same‚ it leads to many people being upset
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paid. Every pay gap can change due to race‚ age‚ state‚ and education. “If current trends continue‚ women won’t be payed until 2059‚ according to the Institute for Women’s Policy Research” (“Equal Pay Day: When‚ Where‚ and Why Women Earn Less Than Men” 1). There is no obvious solution to this pay gap. Every aspect of life can affect the pay gap and there is a slim chance in exceeding these barriers to overcome this disadvantage over women. The only way to succeed in demolishing this pay gap is to recognize
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