(Spindler 1994). The term psychological contract (Argyris 1960; Schein 1980; Rousseau 1989) refers to a commonly used exchange concept providing a framework for understanding the ‘hidden’ aspects of the relationship between organisations and their employees (Shore & Tetrick 1994). The common theme underlying these definitions is that the psychological contract refers to an employee’s unexpressed beliefs‚ expectations‚ promises and responsibilities with respect to what constitutes a fair exchange
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Strengthening Employees’ Rights to Security of Tenure (Policy Paper) Introduction Providing employment to people has always been a challenge to the government for the past decade. During the last quarter of 2012‚ employment rate1 was estimated at 93.2 percent but went a little low with 92.9 percent in January 2013 with approximately 37.94 million employed persons. On the other hand‚ unemployment rate went up from 6.8 percent on October 2012 to 7.1 percent in January of this year. Given
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Employees Training Paper OMM618: Human Resources Management Ken Edick January 23‚ 2012 Employees Training Paper Employee training is a very important component for company’s success and well being. With the nature of business being extremely competitive along with rapid changing‚ employees now must be train so that they will be knowledgeable and able to adapt to different situations. Employee training can build knowledge and improve employee attitudes. Employee knowledge and attitudes
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concept‚ that businesses must not discuss pay among employees. Unfortunately‚ if people talk about their pay‚ they will be terminated. If two individuals hold the same job title‚ again why‚ shouldn’t they be paid equal pay. At least in the contractual world‚ pay is based on multiple factors; education‚ skills‚ along with experience‚ are the top reasons for pay difference. My company paid employees the same pay in their position; consequently‚ employees that possessed certain skills‚ moreover‚ held security
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The process of identifying and selecting the best employees for your company can be a challenge. In the article “High-potential employees” written by Steve Schumacher‚ he tackles this challenge. Steve differentiates between an employee who is a high-performer and those that are high-potential. An employee who is a high-performer can be counted on to have excellent performance time after time yet will have shortcomings in moving to the next level due to aspiration‚ engagement or ability. An employee
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October 20‚ 1990 TO: Weymouth Steel Corporation Salaried Employees I am writing to tell you about two important matters. One is extensive improvements in your compensation and benefit programs. The other concerns the need for the company to make sizeable reductions in its overall operating costs in the U.S. The compensation and benefit improvements include substantial base salary increases for eligible General Salary Role employees; more liberal adjustments in the cost-of-living allowance
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1. There is a great need of change in ASDA. To successfully implement a change‚ it must be decided which change will be beneficial for company. Here in this case discontinuous change fit the best. A discontinuous change is a long-term reorientation change which is center aspect of organizational life. The goal of this change is to build long lasting change in employee behavioral to support strategic renewal. Strategic renewal change can also be beneficial here as‚ this include change in the organization’s
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Do organizations spend wisely on employees? Effects of training and development investments on learning and innovation in organizations SUN YOUNG SUNG1 AND JIN NAM CHOI2* 1 2 Summary School of Business‚ Nanjing University‚ Nanjing China College of Business Administration‚ Seoul National University‚ Seoul‚ Korea The present study examines the effects of training and development on organizational innovation. We specifically suggest that the training and development investments of an
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outsourcing these company’s use has both positive and negative effects on the organization‚ stockholders‚ and employees that are a part of it. When a company chooses to outsource there are long term effects that fall on the areas outside of the company such as the economy‚ society‚ and political issues. There are several internal pressures that lead a company into outsourcing some of their employees and technologies. Depending on the type of business a company is running it can be very expensive to manage
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A Critical Analysis of Employees’ Motivation in the Nigerian Polytechnic Education System Abstract For a long time‚ the idea has always been that employees only work to keep body and soul together – just to live; these days‚ employees work for more than just sustenance and that is what this paper tends to show. For every average human person‚ the motive to work goes beyond just the sustenance motive‚ it is a motive to live and show life for it‚ motive to be accepted as what one’s desire‚ motive
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