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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CHAPTER-1 1.1 INTRODUCTION Absence is the failure of worker to report for work when he is scheduled to the work. A work is to be treated as absent for the purpose of this absenteeism statistics even when he does not turn up for a week after obtaining prior permission. K.G. Desai classified absenteeism in to two types viz‚ authorized absenteeism and unauthorized absenteeism. Authorized absenteeism is permitted absenteeism i.e‚ taking leave prior permission of an employer. Unauthorized absenteeism
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Disadvantages of Positive Reinforcement Significance Positive reinforcement at work occurs when a person is rewarded to encourage a behavior. In the workplace‚ positive reinforcement can occur in the form of praise‚ awards and recognition‚ bonuses and promotions. The most common‚ simplest form of positive reinforcement is commending someone for a job well done. Managers may dole out praise for completing a project in a timely manner‚ handling customers well‚ rising to the occasion when challenges come
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Employee Engagement What’s Your Engagement Ratio? Copyright © 2008‚ 2010 Gallup‚ Inc. All rights reserved. 1 Copyright © 2008‚ 2010 Gallup‚ Inc. All rights reserved. Gallup®‚ Gallup Consulting®‚ CE11®‚ Q12®‚ Performance OptimizationTM‚ and The Gallup Path® are trademarks of Gallup‚ Inc. All other trademarks are the property of their respective owners. Employee Engagement as a Core Strategy The world’s top-performing organizations understand that employee engagement is a force that
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Employee empowerment in services: a framework for analysis Conrad Lashley The School of Tourism and Hospitality Management‚ Leeds Metropolitan University‚ Leeds‚ UK Keywords Employees‚ Empowerment‚ Hospitality industry‚ Service Abstract Employee empowerment is said to benefit all organisations. The fast moving global economy requires that organisations learn and adapt to change quickly‚ and employees have a key role to play here. This is particularly true in modern service organisations. The empowered
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million people are living with HIV worldwide and Sub-Saharan Africa makes up 68% of the global total with 22.5 million people living with HIV.1 In an effort to address this epidemic‚ voluntary counseling and testing (VCT) programs have been implemented in many of rural and remote areas. VCT serves as the gateway to HIV prevention‚ treatment‚ care and support by allowing people to learn their HIV status. According to World Health Organization (WHO)‚ knowledge of one’s HIV status benefits the individuals
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Employee Satisfaction & Southwest Airlines Long-established rewards systems usually have had a large proportion of the total package as base pay and just a small portion tied to performance. In today’s world new and more strategic rewards systems‚ have come to be implemented which are more aligned with overall organizational strategies. These new rewards include a performance based variable pay‚ skill base pay and recognition pay. In researching this new trend it has been shown to have a very
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IKEA by making them sources of competitive advantage. The purpose of this paper is to provide a detailed description of the IKEA’s innovative Human Resources Management practices and its role in the European market. I will be focusing on the key positive initiatives and their evolution to achieve strategic objectives and goals of the company. This study also shows how IKEA human resource management approach focuses on the nurturing and developing staff as a means of achieving corporate aims has led
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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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someone who is immersed and absorbed in what they do. The scores range from 9-45. Marylou scored 27; Christina scored 34; Colby scored 19. The third test was How are You Feeling Right Now? The scores can range from 10 to 50. A higher score indicates a positive emotional state. Marylou scored 40; Christina 46; Colby 20. Another test they took was What’s My Affect Intensity? The scores can range from 10 to 50. Having a higher score indicates that emotions are felt on a much more intense scale than average
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