is based upon information collected on Republic Bank Limited. This is to illustrate the mission‚ vision and stakeholders and how the stakeholders affect the organisation. The company chosen is Republic Bank Limited. Republic Bank Limited (RBL) is a large organisation. It consists of thirty nine (39) branches within Trinidad and Tobago. They also have subsidiaries such as Barbados National Bank Inc‚ Republic Bank (Guyana) Limited‚ London Street Project Company
Premium Customer service Government Customer relationship management
rules that both the employer and employee should obey to run the business effectively‚ the employer has a right to provide safe equipment that won’t put the employees in danger‚ however‚ the employee also has to obey any rule to the employer puts forward. The employer also has to carry out regular tests on all of the equipment in the work place to ensure that it is a safe environment for both him and the employees. Employers are expected to give the employees a copy of the terms and conditions of
Premium Employment
A stakeholder is any individual or group who can affect or is affected by the actions‚ decisions‚ policies‚ practices‚ or goals of the organisation (Freeman 1984‚ 25). They have the interests in the activities of an organization and can be divided into internal and external stakeholders. In addition‚ there are different levels of stakeholders: primary and secondary. The level of stakeholders depends on the political‚ economic and social environment. Internal stakeholders are those from within the
Premium Stakeholder Stakeholder analysis Organization
Designing A Reward System That Works In any type of business reward systems offer employees the incentive to more effectively and efficiently perform. Whether the rewards are financial‚ material‚ recognition based‚ or just beneficial they are important in helping to motivate employees in performing better and going above and beyond the minimum requirements. There are nine major factors that motivate employees to perform better. These nine factors are: “Respect for employee as a person; good pay;
Premium Reward system Motivation Morality
we are going to explain the role of shareholders‚ directors and partners in the different types of business; and then we will see the importance of legal constraints on decision making within business organisations. 1- THE ROLE OF THE SHAREHOLDERS: There are no shares in the sole trader and partnership ownership; that is why shareholders do not apply in these two types of businesses. In Private Limited Companies‚ there must be at least two shareholders but no maximum number. The principal
Premium Management Corporation Strategic management
CHAPTER I STUDY OF EMPLOYEES SATIAFACTION TOWARDS WELFARE MEASURES OF VOLVO EICHER MOTOR INTRODUCTION Employee retention has become a critical issue facing every organization today. Frustration‚ dissatisfied‚ burn out and turnover among staff have grown‚ resulting in a shortage of qualified‚ competent workers‚ all the industries are facing a severe challenge as they seek to attract and retain top talent. The approach for measuring employee satisfaction
Premium Welfare
A SUMMER TRAINING PROJECT REPORT ON “IMAPACT OF VARIABLE SALARY ON MOTIVATION OF DAYAL SALES EMPLOYEES” In DAYAL FERTILIZER PVT. LTD. Submitted to Mahamaya Technical University‚ Noida for the Partial Fulfillment of the Requirements for the Award of Degree of MASTER OF BUSINESS ADMINISTATION (MBA) Batch (2012-14) Submitted By: Submitted To: SANDEEP KUMAR Mentor Name Roll NO. 1211470025 ISHA CHAUDHARY (Faculty) Institute
Premium Pension
Kelvin Chambwa Question: Personal growth and career development of managers and employees alike are among the most important tasks for managers. a) Describe characteristics of adult development b) Explain causes of career related stress for ages between 30 and 50 years c) Discuss organisational causes of stress and stress management strategies Introduction Early adulthood is entered when men (and women) begin careers and families. After an evaluation of themselves at about age
Premium Management Adult Adult development
Before turning to the factors affecting the proper organization of a Human Resources department and its role in hiring new employees‚ briefly need to stress the organization of the department itself. National Hellenic Land and Property Register consist of HR Executive Manager‚ two HR generalists‚ one HR coordinator and one HR assistant. The binding function of human resource management to business strategy at the operational‚ administrative and strategic level‚ facilitating managers and line workers
Premium Human resource management Human resources Recruitment
Team Members 1. Aanad Menon 2. Adit Paul 3. Anirban Majumdar 4. Girish Patel Q.1) Jack Welch launched a number of initiatives on taking charge of GE in 1981. Was there a strategy driving the initiatives? Were the initiatives effective in accomplishing what Welch was aiming for? When Jack Welch joined the GE‚ there were many challenges in front of in terms of US economy recession‚ high interest rate‚ high inflation rate and the highest unemployment rate including the high standards
Premium Inflation Leadership