Employee benefits 1.) Pogi Company has established a defined benefit pension plan for its employees. Annual payments under the pension plan are equal to 3% of an employee’s highest lifetime salary multiplied by the number of years with the entity. An employee’s salary in 2011 was P500‚000. The employee is expected to retire in 10 years‚ and the salary increase are expected to average 4% per year during the period. On December 31‚ 2011‚ the employee has worked for 15 years‚ The future value
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Employee Involvement The direct participation of staff to help an organization fulfill its mission and meet its objectives by applying their own ideas‚ expertise‚ and efforts towards solving problems and making decisions. From this definition‚ participation can include representative participation‚ direct communication‚ and upward problem solving. We will focus on the latter two categories because this article is more about understanding outcomes‚ tools‚ and methods. \The direct participation of
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Employee Selection Learn how to select and hire the best employees for your open positions. Selection and evaluation techniques are explored that help you pick among qualified candidates. Employee selection processes are critical to hiring a superior staff. Learn to improve your employee selection methods. 10 Tips for Hiring the Right Employee Top Ten Tips for Selecting and Hiring the Right Employee Hiring the right employee is a challenging process. Hiring the wrong employee is expensive‚ costly
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CHAPTER: 1 INTRODUCTION The human resource has immense potential. The role of economic development of any nation depends on the degree of effective mobilization of these resources. India is a developing country. This means that majority of the population belong to the working class. They have to struggle to make both the ends meet. In their struggle
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the possibilities of gain or reward. Employee work motivation and performance will be analyzed from the perspective of motivation theory as the central for the analysis. Motivation involves getting the members of the group to pull weight effectively‚ to give their loyalty to the group‚ to carry out properly the purpose of the organization. Employee motivation is one of the major issues faced by every organization. This study also focuses on the employee motivation among the employees of PepsiCo
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Assignment Nowadays‚ “employee relations” appear everywhere‚ from small companies to the big organisations in all over the world. According to CIPD‚ employee relations is an underlying philosophy‚ along with necessary attitudes and skills‚ rather than a specific management function or well-defined activity. In fact‚ there are many problems existing in any firms or organisations. One of these which is considered by human management department is employee relations. Employee relations which used to
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Employee Training - Benefits and Steps in Employee Training Training implies enhancing the skills and knowledge of the employees for performing a specific job. Training tries to improve employees’ performance in current job and prepares them for future job. The crucial consequence of training is learning. Training involves changing skills‚ knowledge‚ attitudes‚ or behavior. Objectives of Employee Training 1. To prepare employees to meet the varying and challenging needs of the job and
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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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Employee dissatisfaction leads to non hygienic and non favorable work environment (Mawoli & Winnubst‚ 2011). If an employee is dissatisfied to his job he/she is quitting‚ not engage in working activities rather than adapting behavior like problem solving related to their working activities and they are not fulfilling their job and work requirement because they are not satisfied and also it create bad impact on the productivity of the organization. Individual differences on small scale in an organization
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Employee Engagement A positive attitude held by the employee towards the organisation and its values. An engaged employee works with colleagues to improve performance within the job for the benefit of the organisation. The organisation must work to develop and nurture engagement‚ which requires a two-way relationship between employer and employee. Employee engagement is a partnership between a company and its employees Most organizations today realize that a satisfied employee is not necessarily
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