supervisors and other line managers? Some specific functions should Hr unit carry out‚ such as: job analyses‚ planning labor needs and recruiting‚ providing advising and training in the selection process‚ orientation of new employees‚ managing wage and salary administration‚ managing incentives and benefits‚ providing and managing the performance appraisal process‚ organization-wide communications‚ and providing training & developing services. Supervisors and Other Line Managers responsibility is to:
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contract of employment. A contract is between at least 2 people or organisations‚ so an employment contract is between YOU and your employer. The terms and conditions of my own contract is telling me the time I start and the time I finish‚ the salary that I am
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Please answer each of the following. Please place all your responses in a single file before uploading. 1. In your opinion‚ what should be the role of the human resources department in organizations? (10 points) The role of a human resource department should be a business partner. My personal philosophy is that I am only as good as my clients‚ the employees‚ view me. If they do not feel they can talk to me about issue they see in the workplace either with a coworker or their supervisor or just
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principal will cut their remuneration in order to pay for monitoring cost. The higher monitoring cost‚ the lower remuneration will be pay to the agent. For example‚ if the agent not satisfied the principal interest‚ thus the principal will pay lower salary to the agent. Therefore‚ the agent then will be more specific in performing their roles in maximizing shareholder’s wealth or to fulfill the best interest of the principal to avoid from getting lower payment of remuneration. Second methodology use
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ARTICLE IN PRESS Journal of Financial Economics 88 (2008) 1–25 www.elsevier.com/locate/jfec The power of the pen and executive compensation$ John E. Corea‚ Wayne Guaya‚Â David F. Larckerb a The Wharton School‚ University of Pennsylvania‚ Philadelphia‚ PA 19104‚ USA b Graduate School of Business‚ Stanford University‚ Stanford‚ CA 94305‚ USA Received 28 October 2005; received in revised form 20 March 2007; accepted 4 May 2007 Available online 5 December 2007 Abstract We examine
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RINGO RAG COMPANY I. Situation Summary The Ringo Rag Company ( Ringo ) purchases rags from multiple sources and recycles them into smaller clean handy rags in a continuous process. Ringo s obtains its raw materials from three suppliers: junk dealers‚ textile convertors‚ and laundries. Ringo uses a standardized manufacturing process for the old rags that includes washing and drying‚ inspecting and grading‚ cutting‚ and packaging. Although Ringo uses a standardized manufacturing process‚ rags
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considerable leeway in administering their own affairs. Bridgeman has right to make market strategy in time. During slack periods‚ company has a policy of employing excess labor on various make-work projects rather than laying the men off. At that time‚ the salary is at about 70% of regular wages. Low labor cost will decrease the cost of production. There are a lot of steel rings on hand and can’t be sold. The total book value of these inventories exceeded $93‚000. Large inventory means less liquid cash. Maybe
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courses will be offered during work hours. * Employees will be paid for the time they spend in class. * Book will be provided. * Process in these courses will be one of the factors for evaluating employees’ quarterly performance and annual salary. Courses are provided by the local universities Beside these basic course‚ employees are encouraged to take courses at local universities will have the following advantages: * Using the company’s tuition reimbursement program. * Increasing
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discrimination with regard to wages is an acknowledged fact in India. The details by NSSO reflect this favourtism clearly where‚ on an average‚ a woman’s daily wage is Rs.20 less than that of a man‚ though both work equal hours. In the case of daily salary‚ the difference is of Rs.50. Children are even more exploited‚ especially the girl child. This biasness overlooks the fact of equal number of hours worked‚ skill and labour invested by the female section also the practice is directly contrary to the
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change and behaviour infront of priorities 2. Inbound Immigration Migratory movements to cities Unpopulated areas 3. Life expectancy 82‚3 years. Spain is the European country with a higher life expectancy‚ according to WHO. Economic 1. Low salaries Spain Wage Index Wages in Spain decreased to 90.83 Index Points in September of 2013 from 90.90 Index Points in August of 2013. Wages in Spain is reported by the Ministry of the Economy and Finance‚ Spain. Spain Wage Index averaged 73.11 Index
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