is subject to self-employment tax on their own. Employers must withhold part of their employees’ salaries or wages of taxes on salaries. Who is an Employee and who is an independent contractor eventually it comes to the law‚ especially tax law. For employers‚ it can sometimes be difficult to determine whether the person who has hired is an employee or an independent contractor‚ with the US Labor Department said that nearly 30% of the employers from workers classified incorrectly. However‚ it is
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for the employee involvement and participation? Employee Involvement consists of variety of systematic methods that enables employees to participate in decisions that affect them and their relationships with the organization. It can become more than a systematic method by being a part of the management’s philosophy & assists in building an organization’s culture. Through EI the employees feel a sense of responsibility and ownership in decisions that they participate in. Employee involvement
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Employee Training and Career Development Training and Development is important in an organization. It helps employees develop their personal and organizational skills‚ knowledge‚ and abilities. Companies depend on human resources to help them develop superior employees so that the company as well as individual employees can accomplish his or her career goals‚ and it increases employee job satisfaction. Training employees increases morale and performance because employees feel confident in their
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9 PRE-START-UP PREPARATIONS: WHY THE BUSINESS PLAN ISN’T ALWAYS WRITTEN Edward D. Bewayo‚ Montclair State University ABSTRACT Probably the best way to prepare for a business start-up is to formulate a business plan. However‚ only a small fraction of entrepreneurs start out with business plans. This paper summarizes the findings of a study covering 355 small business owners in New Jersey who were interviewed by senior undergraduate students on the activities they undertook in preparation for
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Employee benefits Depending on the business‚ meeting employer business goals may be highly dependent on having the right human capital and keeping workers satisfied and motivated. Often‚ attraction and retention of employees are key business issues. The discussion of employer goals for retirement benefits below and the data provided demonstrate that employers are viewing the provision of these benefits as a key business issue‚ with attraction‚ retention and being competitive being the three top
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The HR activities of the organization is vast. The activities can be listed out as 1. General Administration of the employees. 3. Recruitment and selection. 4. Payroll and compensation. 5. Induction and training. 6. Performance appraisal. 10. Preparing HR Budget. 11. Periodical review of the employees and implementing strategies leading to Employee satisfaction. Positive aspects of Roles and Functions of the Human Resource Department Recruitment of Employees This is one of the most
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Motivation of Employee People join and work in organization to satisfy their needs. They are fascinated to organizations that have the funds of rewarding their wants. These wealth are called “incentives (compensation‚ benefits)” (M. Maccoby‚ 9) of rewards; organizations use them to initiate people to contribute their efforts on the way to achieve organizational goals. The continued existence of an organization depends on its capability to attract and stimulate people to accomplish these individual
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360 DEGREE PERFORMANCE APPRAISALS Most of the younger Group Organizations and Software Industries have started implementing 360 Degree Appraisals. 360 Degree Means that all round. The employee Concerned at the central Point and he is appraised by all the officials who are all connected with him on the job. I am afraid in most of the organizations‚ this new concepts is being followed very religious and systematically. May be the acceptance level or maturity level is not as aimed. What I want you
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Employee Benefits Theatric L. Ishmon Upper Iowa University Human Resource Management October 19‚ 2012 Abstract Employee benefits could possibly be one of the most important factors that employees look at when deciding on a place of employment. As employers are not legally required to grant all benefits‚ some voluntarily grant legally not required benefit as a way of differentiating their organization from their competitors. Because of the many forces that must be weighed and kept in balance
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Individual Employee Performance: Motivation‚ Ability‚ and Beyond Jenny Collage Abstract The success of an organization relies heavily on the performance of its employees. Understanding Individual employee performance is a systematic approach to assigning work and expectations‚ supporting and enabling employee efforts‚ providing assessment and feedback‚ and following through with appropriate recognition or correction. Hibba (2007). There are a number of factors that contribute to employee performance
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