Singapore Workforce‚ 2012 Highlights Singapore‟s resident labour force grew faster in 2012‚ reflecting the increase in resident labour force participation rate to a new high1 of 66.6% in 2012 from 66.1% in 2011. The resident labour force rose by 1.9% over the year to 2.12 million in June 2012‚ up from the growth of 1.6% in 2011. Nevertheless‚ this was substantially below the average increase of 2.6% p.a. from 2002 to 2012‚ reflecting the slower growth in resident population in recent
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The Robotization of a Human Workforce Job satisfaction has been defined as “a pleasurable emotional state resulting from the appraisal of one’s job or job experiences.” It lists two different formulas for calculating job satisfaction: the Value Percept Theory‚ and the Job Characteristics Theory. This paper discusses the former and how it relates to Foxconn and its CEO‚ Terry Guo‚ whom writers Balfour and Culpan describe as a “ruthless taskmaster.” The Value Percept Theory is essentially the
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How to communicate with a diverse workforce means finding a way to communicate effectively that also respects and accepts cultural differences. It is a two – way process and all parties need to work together to achieve culturally appropriate communication. It is about discovering‚ recognising‚ understanding and working effectively within the influences of each other’s culture. Take the initiative and talk to people. Find out about their values and beliefs and share yours. Discuss the differences
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practices followed by HRM and to acknowledge the importance of compensation and benefit strategies used in organizations all around the world. Compensation and Benefits are used by different organisations globally to attract‚ motivate and retain their employees. This paper contains a case studies‚ summary and analysis of academic journals and books to understand the latest trends in compensation and benefits field. The three primary components which are used in designing a strategic compensation plan
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workplace equal pay for equal work (Thompson‚ 2010). However‚ unfortunately even with these regulations in place‚ evidence shows that only 1 percent of Australia’s Top 500 companies’ CEOs are female (EOWA‚ 2001). For example‚ even though women in the workforce has increased from 18.4 million in 1950 to 64.7 million in 2005‚ the wage gap between men and women still persists; in 2004 women earned 80.4% as much as men and on average women earn 34% less than men in the same occupation (Thompson‚ 2010). While
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Pushing For Equal Pay and Gender Equality in the Workforce Over the past hundred years‚ women’s participation in the workforce has grown significantly. Today’s women are getting college degrees which was not common before the mid-twentieth century. More of them than ever are taking jobs that were originally run by men. Many women are going into medicine‚ engineering‚ and law which was nearly impossible fifty years ago. Their ability to get into these fields allows them to pursue careers they could
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A STUDY ON STRATEGIES OF RETAINING EMPLOYEES IN CALL CENTRES SUBMITTED IN PARTIAL FULLFILLMENT AS A REQUIREMENT FOR THE AWARD OF THE DEGREE‚ BACHELOR OF BUSINESS MANAGEMENT (BBM) FROM‚ Under the guidance of MY PROJECT GUIDE MRS. JIMMY SAM SUBMITTED BY: NAME: VISHNU.G YEAR: 2010-2011 DECLARATION I declare that this project titled‚ “A STUDY ON STRATEGIES OF RETAINING EMPLOYEES IN CALL CENTRES” is a record of my research project carried out by
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MODULE NOTE FOR INSTRUCTORS Leading Culturally Diverse Teams Introduction The module’s central premise is that teams whose members adopt a learning orientation in crosscultural interactions can overcome these forces.3 Team members using this strategy resist the impulse 1 For research related to social identity threat as experienced by members of low-status social identity groups‚ such as women and minorities‚ see Claude M. Steele‚ Steven J. Spencer‚ and Joshua Aronson‚ "Contending with Group
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The Diverse Nature of Psychology Sarah J. Tillis Psychology 490 December 13‚ 2010 The Diverse Nature of Psychology The field of psychology has been in existence for several hundred years. It seeks to define why specific behaviors occur and also to examine mental problems. Over the years psychology has become a discipline that has valuable application in other areas as well. Because it crosses the areas of science‚ behavior‚ and mental processes‚ it has broad implications in other arenas
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that diversity is finally all about human beings‚ and how they differ from each other. Any company that understands its key stakeholders well – its employees‚ its shareholders‚ its partners and most importantly‚ its customers‚ can thrive in the most diverse of environments. “The next time some academics tell you how important diversity is‚ ask how many Republicans there are in their sociology department” - Thomas Sowell INTRODUCTION: Diversity in the context of an Indian Business Organization
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