Chapter I INTRODUCTION 1. MEANING OF WAGE/ COMPENSATION PAYMENT: Wage is a monetary payment made by the employer to his employee for the work done or services rendered. It is a monetary compensation for the services rendered [1]. A worker may be paid Rs. 100 per day or Rs. 4500 per month. This is wage payment. The worker gives his services and takes payment called wage payment. Industrial workers are paid remuneration for their services in terms of money called wage payment. Wages
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importance of different types of rewards for employee motivation and commitment in South Africa Authors: Aleeshah Nujjoo1 Ines Meyer1 Affiliations: 1 Organisational Psychology Section‚ School of Management Studies‚ University of Cape Town‚ South Africa Correspondence to: Ines Meyer Orientation: Employees’ perceptions of rewards are related to their affective commitment and intrinsic motivation‚ which have been associated with staff turnover. Research purpose: The study sought to establish
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The Production Department Importance of Production Department in Business Production Department involves managing the transformation to create products or services. This is important as it keeps the business fresh and allows for new products and services to be created. The operations manager is responsible for ensuring that the business remains effective by creating new products and services that will meet the customers’ needs. Cost‚ quality and delivery are all needs that the customer
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of the Situation The Bellagio was one of 23 properties of MGM MIRAGE‚ one of the world’s leading hotel and gaming companies. Located in the heart of Las Vegas‚ The Bellagio was widely recognized as one of the premiere casino resorts in the world. Richly decorated‚ the resort featured a conservancy filled with unique botanical displays‚ and eight-acre lake featuring over 1‚000 fountains that performed a choreographed ballet of water‚ music‚ and lights‚ top-notch amenities and entertainment options
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Temporary Employee’s Turnover Intentions Jeffrey P. Slattery* Northeastern State University-Broken Arrow 3100 East New Orleans Broken Arrow‚ OK 74014 918.449.6000 Ext. 6558 Email: slattery@nsuok.edu T.T. Rajan Selvarajan University of Houston-Victoria School of Business 14000 Univeristy Blvd. Sugar Land‚ TX 77479 281.275.3381 Email: selvaragant@uhv.edu * Address all correspondence to Jeffrey P. Slattery Running Head: Attecedents to Temporary Employee’s Turnover Intentions Submitted
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percentage may be attributed to the new graduate turnover rate‚ which is around 30% the first year of practice and as high as 57% the second year (Twibell & Pierre‚ 2012). Although hospitals have reduced current nurse turnover‚ there is an estimation of a 260‚000-nurse shortage by the year of 2025 due to Baby Boomer retirement (American Association of Colleges of Nursing‚ 2016). It is important to discuss the following contributing factors to nurse turnover: heavy workloads‚ disillusionment and dissatisfying
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OF HUMAN RESOURCE MANAGEMENT PRACTICES ON TURNOVER‚ PRODUCTIVITY‚ AND CORPORATE FINANCIAL PERFORMANCE MARK A. HUSELID Rutgers University This study comprehensively evaluated the links between systems of High Performance Work Practices and firm performance. Results based on a national sample of nearly one thousand firms indicate that these practices have an economically and statistically significant impact on both intermediate employee outcomes (turnover and productivity) and short- and long-term
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Employee Motivation and its Most Influential Factors Prepared for: Professor Mary Groves University of Nevada‚ Reno Prepared by: Randall E. Berkson Ross W. Martin Brandon V. Smith Jordan M. Worley 12/13/2012 To: From: Mary Groves
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together. Once the problems arise between the workers and management then the industry will be in great difficulty‚ some time the company will be trapped and pull down from its shutter and walk out of the market. So it is the job of the management to create situation which should always be satisfactory to both parties. It is not easy for the management to create such situation because the problem may be many kinds. The role of management is to identify the root cause of the problem and then they should
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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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