Chapter 1 COMPENSATION & BENEFITS Books for reference • George T Milkovich‚ Jerry M Newman‚ C S Venkataratnam. Compensaton‚ Tata McGraw - Hill Educaton‚ 9th editon‚ 2009 • Dewakar Goel. Performance Appraisal And Compensaton Management: A Modern Approach‚ PHI‚ 2nd editon‚ 2012 • Compensaton & reward management by B.D singh. Module coverage • Module 1: Compensaton – an overview ( 5 hours) • Objectve of compensaton - External influences
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EPS and Compensation Only applies to common shares The Issue EPS is a measure of income earned for each share of common stock EPS = NI – preferred dividends (declared and THIS YEARS cumulative but not declared) Weighted average number of shares EPS with a stock dividend = NI – preferred dividends Shares outstanding * split ratio (or 1 + stock dividend %) Example This year we earned $100‚000 and have 50‚000 shares
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theorists Abraham Maslow and Henry Murray tried to define the psychological developmental growth of humans via their theories of Hierarchy of Needs and Psychogenic Needs‚ respectively. Although each personality theorist’s idea attempts to define human psychological development there are quite a few dissimilarities between the two concepts; however‚ as much dissimilarity that may exist between the hierarchy of needs and psychogenic needs‚ both Maslow and Murray endeavored towards the same goal: to
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Inadequate Compensation Percent Responding: 57.2% "Compensation for most positions is far below the market average for our region‚ no annual increases in the last 4 years." Salary.com’s survey results show that inadequate compensation is by far the number one reason that dissatisfied employees want to leave their job. It has been proven time and again that fair pay practices benefit not only the employee‚ but also the employer (by reducing unwanted and unanticipated turnover costs). Employees
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Athlete Compensation The idea of paying college athletes has been an ongoing debate since the early 1900s. With current television revenue resulting from NCAA football bowl games and March Madness in basketball‚ there is now a commotion for compensating both football and basketball players beyond that of an athletic scholarship. Because of the title “Student-athlete”‚ college athletes have the obligation to be a student first‚ and an athlete second and should not be paid to play. There have been
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Compensation and benefits Assignment – 1 BPCL KOCHI REFINERIES BPCL KOCHI REFINERY Kochi Refinery‚ a unit of Bharat Petroleum Corporation Limited (BPCL)‚ embarked on its journey in 1966 with a capacity of 50‚000 barrels per day. Formerly known as Cochin Refineries Limited and later renamed as Kochi Refineries Limited‚ the refinery was originally established as a joint venture in collaboration with Phillips Petroleum Corporation‚ USA
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Name Student Number External and Internal Factors and how they affect Benefit Packages Course Number Compensation and Benefits Session I FALL 2013 Date Introduction When creating a benefit package for their organization‚ managers must take into consideration an array of conditions that will affect both the organization and the personnel it employs. These conditions range from external factors such as laws mandated by both local and federal agencies to internal
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Murray dealt with several ACEs throughout her life including drug abusive parents‚ neglect‚ a parent with a chronic illness‚ among several others. She had some would say a very challenging childhood. She had to care for herself and make decisions for herself. Like several youth she made several poor decisions throughout her like‚ but she also made several remarkable decisions during her youth. Even though she did not accept a lot of her ACEs at first and ignored the fact that her family had numerous
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of Les Murray. Les Murray is a famous Australian poet who was born and raised in the country and is a dedicated Roman Catholic. This is reflected in the poems ‘Driving through Sawmill Towns’ and ‘An Absolutely Ordinary Rainbow’. His laconic and personal poetic style reinforces the messages he attempts to convey to his audience through the use of rich symbolism and imagery. The poem ‘Driving through Sawmill Towns’ describes the people and the scenery of a rural town. In the poem‚ Les Murray writes
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Consumer: Clayton Murray‚ 42 year old married male. The evaluation of this client will focus on identifying his vocational strengths and limitations‚ possible employment opportunities and level of employability. Disability: In 7th grade‚ based on the results of WISC-R‚ Clayton was diagnosed with functional intellectual disability. Mr. Murray also received a diagnosis of Inadequate Personality Disorder or Immature Personality. Additionally‚ he has lower back pain from a surgery 3 years ago. Functional
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