LITERATURE Human Resource Management is the process of procuring‚ developing‚ maintaining‚ and controlling human resources for effective achievement of organizational goals. This project is focused on employee welfare measure and employee morale. 2.1 EMPLOYEE WELFARE – DEFINITION Employee welfare means “the effort to make life worth living for workmen”. When all basic facilities are provided and employees obtain satisfaction then the productivity can be increased and development of the
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PROJECT REPORT ON EMPLOYEE WELFARE AND SAFETY MEASURES AT VST INDUSTRIES LIMITED SUBMITTED BY MS.T.SRILATHA HALL TICKET NO. - 160609672047 A project report submitted to OSMANIA UNIVERSITY in partial fulfillment of the requirement for the award of the degree of Master of Business Administration. STANLEY COLLEGE OF ENGINEERING AND TECHNOLOGY FOR WOMEN (Affiliated to Osmania University‚ Hyderabad) (2009-2011) PROJECT REPORT ON EMPLOYEE WELFARE AND SAFETY MEASURES AT VST
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leave Absence Rate = + unauthorized leave -------------------------------------------------------------------- X 100 Man shifts actually worked EMPLOYEE ABSENTEEISM 1 According to the view of K. Aswathappa‚ Absenteeism costs money to the organization besides reflecting employee dissatisfaction with the company. Absenteeism is unavoidable when the employee himself or herself falls sick‚ His or her dependents at home suddenly become unwell or there is an accident inside the plant. Unavoidable absenteeism
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Overview of Employee Turnover Research The impact of turnover has received considerable attention by senior management‚ human resources professionals‚ and industrial psychologists. It has proven to be one of the most costly and seemingly intractable human resource challenges confronting organizations. This paper provides a summary of information‚ abstracted from published research‚ on the costs of turnover‚ factors contributing to its magnitude in organizations‚ and proposed remedies. Costs of
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talent 3. Maintain good relations with the trade market 1.2 What is Employee Engagement? Whilst the current lack of empirical research on employee engagement has resulted in speculation that it is merely a fad with little theoretical basis‚ Saks (2006) study supports the concept that engaged employees will have a higher quality relationship with their employer resulting in more positive attitudes‚ intentions‚ and behaviours. Recent studies confirm that high employee engagement translates into
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Employee Retention Definition of Retention According to Phillips and Connell (2003)‚ Retention is the percentage of employees remaining in the organization. Based on Carsen (2002)‚ Retention simply refers to how many of your current employees stick around over a given period of time. Definition of Compensation According to Mondy and Noe (2005)‚ Compensation is defined as a specific amount of rewards that are provided to employees in return for their services. According to Dessler and Tan (2009)
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Text Version A Handbook for Measuring Employee Performance ALIGNING EMPLOYEE PERFORMANCE PLANS WITH ORGANIZATIONAL GOALS Workforce Compensation and Performance Service Performance Management and Incentive Awards Division s PMD–013 s September 2001 table of contents FOREWORD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 contents CHAPTER 1 PERFORMANCE MANAGEMENT: BACKGROUND AND CONTEXT
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IAS 19 EMPLOYEE BENEFITS HISTORY OF IAS 19 April 1980 Exposure Draft E16 Accounting for Retirement Benefits in Financial Statements of Employers January 1983 IAS 19 Accounting for Retirement Benefits in Financial Statements of Employers 1 January 1985 Effective Date of IAS 19 (1983) December 1992 E47 Retirement Benefit Costs December 1993 IAS 19 Retirement Benefit Costs (revised as part of the ’Comparability of Financial Statements’ project based on E32) 1 January 1995 Effective Date
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administrators before the submission date. Extension granted until: Authorised by: My individual understanding of employee empowerment 1. Introduction This essay mainly introduces my own understanding‚ independent and critical thinking of employee empowerment which come from the previous lectures‚ communities of practice and sources I have read. Firstly‚ I will define the employee empowerment and then analyze its significance. In the second part‚ I will point out its main difficulties in reality
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12 (Dec 2011) ISSN: 0974- 6846 Employee retention by motivation K. Sandhya1 and D. Pradeep Kumar2 1 2 Department of Humanities and Social Sciences ‚ JNTUH CEH‚ Kukatpally‚ Hyderabad-500085‚ A.P‚ India Department of Management Science‚ Madanapalle Institute of Science and Technology‚ Madanapalle‚ A.P-517325‚ India sandhyadean@yahoo.com Abstract Employee motivation is one of the important factors that can help the employer to improve employee and organizational performance. Different
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