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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HOW CAN YOU MODIFY YOUR LIFESTYLE TO INCREASE YOUR CHANCES OF LIVING A LONG‚ HEALTHY LIFE? Life expectancy is affected by many factors. These include diet and exercise‚ smoking‚ mental state‚ environment‚ career‚ spirituality‚ social interaction and support. One of the most easily controlled aspects in my lives is my nutrition and exercise. My physical well-being directly impacts on my life expectancy. I am aware of the value of a well-balanced diet – rich in fruit‚ and vegetables‚ low in fat
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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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absence 1. Stress 2. Acute medical conditions such as heart attack and stroke 3. Musculoskeletal injuries such as neck strains 4. Mental ill health Related Articles * Stress overtakes cancer as main cause of sickness absence 05 Oct 2011 * What can be done to combat excessive sickness absence? 05 Oct 2011 5. Back pain 6. Recurring medical conditions such as asthma 7. Minor illness such as colds and headaches 8. Pregnancy-related absence (not maternity leave) 9. Work-related injuries
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excited‚ rewarded teams of people. It comes from engaging every single mind in the organization‚ making everyone part of the action‚ and allowing everyone to have a voice—a role—in the success of the enterprise. Doing so raises productivity not incrementally‚ but by multiples.” Jack Welch Former Chairman and CEO of General Electric Human Resources‚ 10 September 2003 Introduction: It is the need of the hour that‚ Organizations should increasingly convert from traditionalism to the contemporary learning
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IN WHAT WAY IS REPARATION PROVING TO BE A MAJOR PROBLEM FOR MULTINATIONAL ENTERPRISES? DISCUSS WHAT SHOULD BE THE ESSENTIAL FEATURES OF AN EXPATRIATES TRAINING PROGRAM‚ DESIGNED TO ASSIST THE WESTERN EXPATRIATE ADJUSTING TO LIFE AND WORK IN ANOTHER CONTINENT. ABSTRACT: Amongst many crises faced by multinational corporations comprises of both premature return of expatriates as a result of failed assignments‚ and the poor retention of returned expatriates due to failed repatriation. In order to
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Human Resource Planning & Factors affecting Employee Turnover and Retention Human Resource Management Research Paper Abstract Human resource planning is currently regarded as an essential requirement for any organization to achieve the corporate business goals and to gain a competitive advantage over competitors‚ but it does not always appear to be given high priority in practice. High rates of employee turnover can prove very expensive and milk organization ’s financial resources
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Executive Compensation: An agency problem: The globalized world of today has seen many scandals derived from the compensation schemes that are granted to top-level executives from their respective organizations. The compensation policies put in place in organizations are a result of a fundamental agency problem‚ the problem being that of the principal and the agent relationship. The issue arises due to the principal who hires the agent to perform day-to-day management tasks and oversee operations;
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Three major systems of government are a unitary‚ confederal‚ and a federal system. A unitary system is comprised of one major central government that controls a number of weaker states. In this system‚ the weaker states have no power whatsoever over the central government. Two largely populated countries with a unitary government are the United Kingdom‚ and China. A confederal system is a system in which a number of slightly organized states hold a majority of the power‚ while the central government
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(R.E Sibson‚ Strategic Planning for Human Resources Management). This paper will define‚ describe and discuss Employee Empowerment used in today’s team based organizations. The paper looks at how this concept affects the company ’s diverse workforce. I will discuss the potential impact of these practices and the performance. Employee Empowerment Employee empowerment can be described as giving employees ’ accountability and ability to make choices about their work
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