need considerable attention from the organizations management. Each employer who invests in the area of Training and Development will reap the benefits of an enriched working environment with higher levels of staff retention as well as increased productivity and performance. In the view of Abiodun (1999)‚ training is a systematic development of knowledge‚ skills and attitudes required by employees to perform adequately on a given task or job. Training and development are required for staff to enable
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Unit 201 : Improving Productivity Using IT Unit Code : 201 Unit Code Reference : J/502/4156 QCF level : 2 Credit value : 4 Guided learning hours : 30 Unit Summary This unit is about the skills and knowledge needed by the IT User to plan and review their use of predefined or commonly used IT tools for activities that are at times non-routine or unfamiliar. As a result of reviewing their work‚ they will be able to identify and use automated methods or alternative ways of working
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Introduction 2. Production 3. Stages of Production 4. Production Function 5. Production Time Periods 6. Marginal productivity Theory i. Diminishing Marginal Productivity ii. Example 1 iii. Example 2 7. References Introduction Diminishing returns‚ also called law of diminishing returns or principle of diminishing marginal productivity‚ economic law stating that if one input in the production of a commodity is increased while all other inputs are held fixed‚ a point
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resources within any organization. It has profound impact on attracting‚ retaining and motivation of employees and as a result on the overall performance of an organization. There is no doubt that employee compensation‚ which according to Dessler refers to all forms of pay or rewards going to employees‚ is the crucial factor in employee motivation. There are different two types of compensation: direct and indirect compensation. Direct compensation refers to monetary benefits offered and provided
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meanings and purpose of employee voice’ in relation to Gist Limited Student Number: 20821133 Submission Date: 20 April 2010 Word Count: 934 Critically analyse and evaluate the conclusions of the article ‘The meanings and purpose of employee voice’ in relation to Gist Limited Dundon‚ Wilkinson‚ Marchington and Ackers 2004 journal article entitled ‘The meanings and purpose of employee voice’ presents a framework for exploring the different practices and meaning of employee voice. The article
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Compensation and Benefits of China The compensations and benefits of China are somewhat surprisingly generous. One reason China offers them is to attract people from the West to work in China. They want managers and supervisors from the United States and Europe to supplement Chinese management. The main compensation and benefits China offers are called the five “insurances‚” although there are five insurances plus a fund. The five “insurances” covered by the mandatory welfare
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CHAPTER-I INTRODUCTION 1.1 DEFINITION‚ MEANING‚ AND CONCEPT DEFINITION: Employee Retention involves taking measures to encourage employees to remain in the organization for the maximum period of time. Employee retention is a systematic effort by employers to create & foster an environment that encourages current employees to remain employed by having policies &practices in place that address their diverse needs. Retention is the process for members or volunteers remain active with
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WORKMEN COMPENSATION ACT now changed as EMPLOYEES COMPENSATION ACT AUGUST 14‚ 2010 THE WORKMEN’S COMPENSATION ACT‚ 1923. AMENDMENT ACT- 2000 now changed as EMPLOYEES COMPENSATION ACT 1923. (RBE 61/2011 dated 11-05-2011) “Workman” is substituted by ” Employee” means any person who is (i) a railway servant not permanently employed in any administrative‚ district or sub-divisional office of a railway and or not employed in any such capacity as specified in Schedule II‚ or (ii)
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the effects of motivation on workers performance in Maiduguri Flour Mills Limited. An effort have been made to evaluate the existing workers motivational policies in Maiduguri Flour Mills with a view to examine the effects of motivation on worker productivity increase and also to identity the variable that are directly or indirectly responsible for workers performance ‚while assess how motivation come into play in Maiduguri Flour Mills Limited. The researchers however‚ observed that most of the motivation
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Determine whether base pay should be an important component of compensation for the sales staff. If so determine the most appropriate method of determining base pay for the sales staff. What factors did you consider in making these decisions? Ben Hanlon ORGS 3146 February 8‚ 2014 Base Pay as Compensation Base pay is the amount of money an employee is making prior to any sort of compensation or other benefits. Compensation methods such as bonuses‚ indirect pay‚ and performance pay
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