The current issue and full text archive of this journal is available at www.emeraldinsight.com/0960-4529.htm The impact of ISO 9001 effectiveness on the performance of service companies Evangelos L. Psomas Department of Business Administration of Food and Agricultural Enterprises‚ University of Western Greece‚ Agrinio‚ Greece The impact of ISO 9001 effectiveness 149 Received 7 May 2012 Revised 17 October 2012 Accepted 29 November 2012 Angelos Pantouvakis Department of Maritime Studies
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Skill-based pay refers to a pay system in which pay increases are linked to the number or depth of skills an employee acquires and applies and it is a means of developing broader and deeper skills among the workforce. Such increases are in addition to‚ and not in lieu of‚ general pay increases employees may receive. The pay increases are usually tied to three types of skills: • horizontal skills‚ which involve a broadening of skills in terms of the range of tasks • vertical skills‚ which
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investigate the economic role of proxy advisors in the context of “Say on Pay” votes and seek to answer the question‚ “Do proxy advisors mostly act as information intermediaries by gathering and processing information for institutional investors who need to fulfill their fiduciary duties to vote‚ or do they also identify and promote superior governance practices?” The authors seek to answer this question by studying the method of “Say on Pay” analysis of the two most influential proxy advisors‚ Institutional
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8 reasons why pay for performance only works in theory In this short paper I will explain why the statement “The introduction of individual pay for performance contributes to an improvement in a company’s (financial) performance” is to my opinion not valid. Before we can jump into a reflection on the statement‚ two questions arise that will be discussed as an introduction “What is pay for performance?” and “Why is pay for performance considered as a system that might contribute to a company’s
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Pay-for-knowledge pay systems have a number of advantages. It could help the company excel in productivity‚ increasing their global competition. Assuming that the employees would take advantage of an increase in pay to learn and perform new skills‚ the scheduling of employees would be easier. They would have the flexibility of scheduling people who can do multiple jobs much easier and if someone was out sick or on vacation‚ it would make covering that person’s shift much easier by moving staff
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INTRODUCTION In every companies‚ employers all hope their companies have high quality of productivity. There are various systems that can help companies to rise their productivity of workers. As well as companies have their own awards to workforce. No matter companies have distinct awards‚ the final goals for employers are that improving productivity‚ profit and service quality. Performance-related pay is a system that encourages workers and employees to increase their workforce and develop
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Dario Fo- Can’t Pay? Won’t pay! Can’t Pay? Won’t Pay! Is based on Dario Fo’s "Non Si Paga? Non Si Paga!"‚ a political work that he wrote to highlight the dilemma of ordinary Italian workers during the economic crisis of the 1970s. It is said that through Dario Fo’s plays he becomes both the peoples entertainer and the peoples spokesman. What is meant by this is that Fo better connects with his audience by entertaining them with their own thoughts. He speaks for the audience and stands up for the
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Pay systems Introduction Pay is a key factor affecting relationships at work. The level and distribution of pay and benefits can have a considerable effect on the efficiency of any organisation‚ and on the morale and productivity of the workforce. It is therefore vital that organisations develop pay systems that are appropriate for them‚ that provide value for money‚ and that reward workers fairly for the work they perform. Pay systems are methods of rewarding people for their contribution to
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The Economy Of College Sports “Fairness‚ academics and equitable competition” is the mission statement for the National Collegiate Athletic Association. The National Collegiate Athletic Association‚ also known as the NCAA‚ is an association that regulates major areas of college athletics for members and student athletes. The organization is defined as a non-profit‚ and as proclaimed by the president Dr. Mark A. Emmert‚ “…is committed to providing opportunity for more than 430‚000 college
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1. Is the company at the point where it should be setting up a formal salary structure based on a complete job evaluation? Why? Yes‚ by setting up a formal salary structure is being fair to the employees because the salary being paid based on the job task rather than pay the salary based on gender. When the salary structure being fair‚ it leads satisfaction among the employees and as a result the turnover will be at low rate. Besides‚ the company also can control their financial operation by doing
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