deduction done by the employer at the time of salary payment * Provident Fund is governed by the Employee’s Provident Fund Act 1952 * Provident Fund has come into force to give better future to employees on their retirement & his dependants in case of his death during employment * The Employees Provident Funds Act 1952 is compulsory contributory fund for the future of an employee after retirement or for his dependents in case of his early death * Act is applicable to all states of India
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of management styles utilized to motivate and enhance employee performance. Thus satisfaction of employees is imperative to the success of any business. A high rate of employee contentment is directly related to a lower turnover rate and higher productivity. Thus‚ keeping employees’ satisfied with their jobs should be a top priority of every employer. There are numerous reasons as to why employees can become discouraged with their jobs and perform poorly or resign. This can include limited opportunity
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Employees in an International Workforce When organizations operate globally‚ their employees are very likely to be citizens of more than one country. Employees may come from the employer’s parent country‚ a host country‚ or a third country. The parent country is the country in which the company’s headquarters is located. For example‚ the United States is the parent country of General Motors‚ because GM’s headquarters is in Michigan. A GM employee who was born in the United States and works at
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Suggestions for Motivating the Employees [pic]Recognize individual differences [pic]Match people to jobs [pic]Use goals [pic]Individualize rewards [pic]Link rewards to performance [pic]Check the system for equity [pic]Don’t ignore money. The Satisfaction-Dissatisfaction Continum under the Traditional View and the Two-Factor Model Means of Motivation Experience suggests that some specialised teachniques to motivate can be used as follows:
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Training and Developing Employees Multiple Choice: 1. Once employees have been recruited and selected‚ the next step would be: a. discipline and counseling. b. orientation and training. c. hiring and firing. d. socialization. 3. The ongoing process of instilling in all employees the prevailing attitudes‚ standards‚ values‚ and patterns of behavior that are expected by the organization and its departments is: a. values projection. b. orientation. c. socialization.
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relevant market and non-market stakeholders in this situation? a. Market Stake holders: Cisco employees‚ suppliers‚ customers‚ retailers‚ creditors‚ community b. Non Market stake holders: community‚ activist‚ general public‚ environmentalist 3. What are their interests? Please indicate if each stakeholder is in favor or opposed to the Coyote Valley development project‚ and why? a. Cisco employees – Favor. The plan would be a step to expand the company. This would allow employee growth in skills
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to be kept in mind for the successful implementation of welfare programmes. (b) Explain the important aspects of Factories Act 1948 i.e. scope‚ objects with special reference to safety. (a) Describe “Employee’s State Insurance Act 1948” and “The Employees Provident Fund & Miscellaneous Provisions Act 1952”. (b) Enumerate the name of important agencies which are there to look after the labour welfare in an organisation‚ also touch briefly on their tasks. (a) Define International Labour Organisation
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Understanding Employment Responsibilities and Rights in Health ‚ Social Care or Children’s and Young People’s Settings. 1 . Aspects of employment covered by law Contract of employment Health and safety Discrimination Redundancy and Dismissal Disciplinary procedures Training . 2. Contract of employment Working hours.
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Chapter 16 | Hiring and Managing Employees #1) It was announced in January 2003 that the current managing director of the Indian subsidiary of Tel-Comm-Tek (TCT) would resign within a month. TCT immediately began searching for a replacement based upon the following preferences: desire to promote from within‚ selection from a mix of nationals‚ and an emphasis on international experience. A selection committee was chosen to nominate the new managing director for TCT India and the following six
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Serial No: For Office Use Only In Words No. Form No. 10 C (E.P.S) EMPLOYEES’ PENSION SCHEME‚ 1995 FORM TO BE USED BY A MEMBER OF THE EMPLOYEES’ PENSION SCHEME‚ 1995 FOR CLAIMING WITHDRAWAL BENEFIT/SCHEME CERTIFICATE (Read the instructions before filling up this form) 1. a) Name of the member :( In Block Letters) b) Name of the claimant (s) _____________________________ _____________________________ 2. Date Of Birth 3. a) Father’s Name _____________________________
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