REASEARCH REPORT PROPOSAL Employee Benefits: A study on MGH Group Supervised By NAZMUL‚ ABDUL KADER Director BBA Program Submitted By K. M. SAFAT RASHIF (12-95741-2) SHAHADAT HOSSAIN (12-95754-2) KARJON SAHA (12-95995-2) Date of Submission November 13‚ 2012 Research Report Proposal 1. Brief Introduction of the Topic/Study 2.1 Title of the Study: Employee benefits: A study on MGH Group 2.2 Rationale of the Study: Employee benefits play an important role
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principle and that is communication. The purpose of an advert is to gain the right person’s interest and attention‚ which must then lead to action” Swanepoel et al. (2008:265). Factors such as a competitive salary‚ scarce skill allowance and other employee benefits can be included in an advert to attract candidates with scarce skills. Special event recruiting: this method may be used to attract scarce skills from specific groups of students on campuses of schools and universities
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Overview You will remember that the lecture provided a long list of benefits that employers provide to their employees‚ and it discussed the challenges organizations face with the increasing costs of these benefits. There is an increasing trend among employers to reduce benefit packages to manage these rising costs. For this week’s assignment‚ you will review a case study from your textbook. Here are several tips for successfully completing this case study: You should incorporate information
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impact of a total rewards structure of employee motivation. The impact of total rewards program on employee: It is very important to recognise the ability of the employees by the organisation and to deliver the right amount of rewards‚ to the right people‚ at the right time‚ for the right reason. Employees today are not ready to work only for the money‚ they expect ’extra’. Benefits and remuneration as well. This extra is known as employee benefits. The impact of this remuneration and total
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compliance with laws and regulations and satisfaction of the employees. 1.Efficiency consists of:a.Improving performance‚ increasing quality‚ delighting customers and stockholders. When the organization improves the performance she will get the benefit from the employees‚ which will affect the organization’s strategy and will lead to the competitive advantages among other competitors and will achieve the upward momentum‚ and continuous improvement (virtuous circle). And by improving the performance
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Performance and Providing Feedback to Employees. Retrieved on April 4‚ 2011 from http://aede.osu.edu/people/erven.1/hrm/employee_reviews.pdf Fleming‚ E. (2010). How to Build a Competitive Employee Benefits Package. Retrieved on April 11‚ 2011 from http://www.inc.com/guides/2010/04/offering-competitive-employee-benefits.html
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Definition of Employee Assistance Prorams An employee assistance program (EAP) is an arrangement between a corporation‚ academic institution or government agency and its employees; it provides a variety of support programs for the employees. They are typically services designed to assist employees on getting help for their problems‚ so that they may remain on the job and be effective. Although EAPs are aimed mainly at work-related difficulties‚ they can also help employees with problems that originate
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good benefits that makes the job worth performing and then returning to the employee on encouraged performance or missed opportunities that may benefit them to improve on or encourage to continue performing in a certain area. Job appraisals can be tricky‚ the employer wants corrective actions to be taken on things that need to be improved but does not want the employee to be discouraged on continuing the beneficial things that they are doing for the company. That is way an intriguing benefit package
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best way of earning employee loyalty is by providing them with good and challenging jobs‚ with opportunities for development and progression‚ and with competitive compensation and benefits schemes. Employee Benefits Tata Steel has pioneered many firsts in the Indian industry and is proud of having adopted many employee related policies and practices much before they were universalized. This legacy of pioneering employee welfare practices is a rich array of special benefits for its employees‚
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References: (2004). Deriving Maximum Value From HR Automation: How Web-Based Compensation Planning and Benefits Administration Solutions Are Delivering Significant Workforce Benefits. Employee Benefit Plan Review‚ Vol. 58(8)‚ 4-6. Gueutal‚ H. G.‚ & Stone‚ D. L. (2005). The brave new world of eHR: human resources management in the digital age. San Francisco: Jossey-Bass. Heneman‚ R. (2000). Business-driven
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