WORKMEN’S COMPENSATION ACT 1987 (PNDCL 187) Section 1-Application to employees employed by the Republic This Act applies to employees employed by the Republic as well as private persons‚ except in the case of persons in the Armed Forces. Section 2-Employer’s liability for compensation (1) Where an employee sustains personal injury by accident arising out of‚ and in the course of employment‚ the employer is liable‚ subject to this Act‚ to pay compensation in accordance with this Act.
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Question 1 (Worth 10 points) Describe the “proxy system” and how is it used to as activism to encourage companies to “go green.” |ESSAY SUBMISSION | |The proxy system allows share holders to vote on proposals and to also make proposals to the company in which they own stock. Each share | |owned normally count for one vote. If share holders band together that chances of a
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understood of the reading about the federal workers compensation plans are used so if the employee becomes injured on the job and has to miss work because of their injuries or if they become in contact with a certain kind of disease while they are on the job working. There are four different kinds of programs that are used for the particular type of work the employee is involved in. The first type of program is called the federal employees compensation program this helps give benefits to the employees
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Recommendation of a new Compensation Program I am the new Vise president of benefits for R & J Mortgage Company. I am recommending a compensation program that will hopefully retain our employees and offer those benefits that are better then other companies. It is my responsibility as compensation and benefit specialist to conduct market pay studies‚ these studies determine what jobs that our company should pay‚ what benefits and incentives are appropriate. I start with a clearly define job description;
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Literature Review 4 Concepts of compensation and benefits system 4 Structure of current compensation and benefits (approaches) 5 Exploration of the factors which affect compensation & benefits management 7 Effects of compensation and benefits on staff motivation 8 Conclusion: 10 Reference 11 Introduction Background of the research Compensation and benefits management is an important section in human resource management (HRM) system. The traditional view of HRM asserted compensation and management was used
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Compensation and Benefits HRMT311 Sect. 841 Assignment 1: Compensation System Comparison between McDonald’s & Walmart Canada Executive Summary This assignment compared and contrasted compensation programs of McDonald’s and Walmart Canada. It look at the Philosophy‚ Base pay‚ Short term and Long Term cash incentives‚ indirect compensation benefits and Recognition programs. The Philosophy of McDonald’s is “Pay for performance” while Walmart promises a lot of career opportunities. McDonald’s
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Successful corporations start with SMART (Specific‚ Measureable‚ Achievable‚ Relevant‚ Time-Based) objectives and a compensation model that supports these goals. An effective compensation model will be designed to support the corporate philosophy both in its design and the emphasis it puts on key traits of its employees. The text book‚ “Compensation‚ Eleventh Edition” by Milkovich‚ Newman and Gerhart (2014) gave numerous examples of pay structures with an emphasis towards pay-for-performance and
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Benefits and Compensation System of Google Inc. Compensation and Benefit Systems MGMT 365A Google Inc. is an American international organization that provides internet related products and services. Cloud computing‚ advertising technologies‚ and their search engine are among the most popular services that they offer. Google recently ranked 46th on the 2014 Fortune 500 companies and 1st on Fortune 500 ’s best places to work for. Google was founded in 1998 by Larry Page and Sergey Brin who met at
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responsibilities associated with a particular job. Job evaluation: Comparison of jobs within an organization Job structure: An ordering of jobs based on their content or relative value • Arrange jobs in order of importance within your company. Compensation philosophy and objectives will play a critical role in
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Strategic Compensation and Bases for Pay 1. Describe the three main goals of compensation departments. The first goal in the compensation department is to attract and retain the best possible work force considering the resources of the organization‚ internal consistency. Internal consistency supports work flow‚ fairness and directs behavior toward organization objectives. It also consists of job analysis and job evaluation. Job analysis “is a systematic process for gathering‚ documenting‚
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