Examination Paper: Personnel Management IIBM Institute of Business Management Examination Paper Personnel Management Section A: Objective Type (30 marks) • • • This section consists of Multiple Choice questions & short notes type questions. Answer all the questions. Part one questions carry 1 mark each & Part Two questions carry 5 marks each. MM.100 Part One: Multiple Choices: 1. Goal setting theory is developed by: a. Vroom b. Edwin Lock c. Alderfer d. Herzberg 2. Vertical enlargement of a job
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Essentialia The contract of employment is an agreement between two parties in terms of which one party (Mr. Phage) places his labour potential at the disposal and under the control of the other party (Lifeline services)‚ in exchange for some form of remuneration. From this definition‚ it is clear that the essentialia of a contract of employment are 1. Work and 2. Remuneration. This contract does not meet the requirement for work because even though an ambiguous job title of ‘General Worker’
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University 5515135 Case Study Report PMPC 6P11 Georgina Keller November 23‚ 2013 1. Problem Identification As for an international student or recent graduate‚ a dream job would be located in a preferable city with well-paying salary‚ a comfortable working environment and plenty of opportunities for growth. However‚ reality is often different from ideal. Thus‚ the news concerning labor shortage and skills mismatch are filled in the workplace of Canada as the case says. As Krystal
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DISCUSSION QUESTIONS: AIG Bonuses and Executive Salary Caps. (Pg. 21-22) 1. The United States has established a minimum wage law. Should there be a maximum wage law? Yes. Most CEO of corporations is getting paid outrageous amounts of money‚ while the average workers are left scrounging for scraps. I believe the CEO’s deserve a better salary than the average worker‚ but not an outrageous amount. People will always strive to make more money. However‚ the less cash wasted on people who don’t need
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Guillermo Furniture Store Concepts Paper FIN 571 Guillermo Furniture Store Concepts Paper Sonora‚ Mexico was the ideal location for Guillermo’s Furniture Store to thrive due to the abundant supply of cheap timber paired with relatively cheap labor costs. Guillermo has been producing high quality products‚ mainly chairs and tables‚ which would sell at premium prices. Unfortunately‚ Guillermo’s exclusively did not last; a competitor from overseas using a high-tech manufacturing approach could
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Medical Assistant ECPI University Rachana Chea Abstract Medical Assistant industry is will be growing 31% through 2020. The Medical Assistants are important because they assist the physicians in either clinical or administrative tasks. Most Medical Assistants can be found in the hospital or clinic. Medical Assistant usually has advanced training‚ although it is not required for entry level positions. This certification or advanced training includes Certified Medical Assistants (CMA)‚ Registered
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Part A: Interoffice memorandum Step 1 • How large is the agency? How many branches does it have? Where are the branches located? Phoenix Advertising has approximately 250 employees. We have six branches in addition to our Charlotte‚ NC office: Salt Lake City‚ UT; Roanoke‚ VA; New York‚ NY; Denver‚ CO; Seattle‚ WA; San Francisco‚ CA. • What’s the company’s mission? How does each branch relate to that mission? Our Mission: To provide you with the highest quality marketing materials that
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limited to): AIA salary survey; survey of local Architectural firms. Develop a report with the results from your research. According to the research‚ the average Registered Project Architect salaries for job postings nationwide are 46% higher than the average salaries for all job postings nationwide. Even though‚ the salary for registered project architect increases in reference to other job positions‚ average total compensation for architecture positions—including base salary‚ overtime‚ bonuses
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I have chosen Techincal Support Representative‚ and I will name the three areas that I would put in the total rewards plan. 1. First‚ I believe that compensation is an important area to include in the total rewards program by including the base salary‚ performance bonuses‚ workplace incentives‚ and pay raises. Compensation is crucial because the employer is outlining how much the employee is getting paid for completing the tasks that they are assigned. This will help
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Compensation strategies are related to various key organizational variables such as psychological contract‚ affective organizational commitment‚ and turnover intention.(Aggarwal and Bhargava2009). Compensation can separate to direct financial (wages‚ salaries‚ bonuses‚ commissions)‚ indirect financial compensation (medical leave‚ retirement plans‚ life insurance and etc) and the last is nonfinancial compensation (satisfaction that a person receives from the job itself or from the psychological and/ or
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