4.5 TURNOVER RATIO Turnover ratio help in knowing how well the company manages it resources. If the company manages its resources well‚ the larger will be its sales and thus helps in making larger profits. Thus it depends on the company how well it converts the assets to sales which can be determined through this ratio. I. DEBTORS RATIO It represents the number of days required or taken to collect the credit sales which reflects the collection strategy of the company. It measure the
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look at the service industry that faces a major problem of employee turnover. In a much smaller scope; the focus would be on employee turnover in the hotel‚ retailing‚ call center‚ kitchen department which had not been explored quite significantly. The study would attempt to discover aspects which actually perceived by the employees as important for them to retain employment in the service sector. 1.0 INTRODUCTION The exit of low performing employees is beneficial to an organization. However‚ the
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Obstacles faced by SMEs in recruiting employees in international market Introduction Selecting and recruiting an employee is always an important goal for an organization because hiring an effective and efficient person makes a beneficent addition to the company. As the world is getting more global‚ organization are spreading their business in international market. And when an organization enters a new market its first goal becomes to select a team that knows the culture of the market well. Big
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Personnel Management &Industrial Relations BENEFITS TO EMPLOYEES MASTER OF PERSONNEL MANAGEMENT & INDUSTRIAL RELATIONS BANARAS HINDU UNIVERSITY SUBMITTED BY:- NIKITA JAISWAL ROLL NO. 31 DECLARATION I Nikita JAISWAL hereby declare that this training report entitled “BENEFITS TO EMPLOYEES” in BANARAS BEADS LTD submitted in partial fulfillment of the requirement of course curriculum
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managers can learn by walking around and having daily contact with line employees that they might not be able to learn from looking at data and reports? Managers reserve time to walk through departments regularly‚ form networks of acquaintances in the organization‚ and get away from their desks to talk to individual employees. The management uses this style at to learn more about the challenges and opportunities their employees were encountering. Through walking manager knows about the employee’s
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to Manage Employees The competition between the enterprises in the final analysis is competition. How to effectively stimulate the enthusiasm of employees‚ make employees more loyal to the enterprise‚ to finish the work? The competition between the enterprises in the final analysis is competition. How to effectively stimulate the enthusiasm of employees‚ make employees more loyal to the enterprise‚ to finish the work‚ is each enterprise leaders and often pointless to solve a problem. A‚ focusing
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Effect of employee turnover in the Tourist Sector Abstract Typically‚ almost all bustles of business have been affected by Labor turnover. For instance‚ all companies ought to pay attention to it because it is a factor that is sensational. Its impacts have as well become diverse and unfavorable. Actually‚ these are deemed to be the major reason for the demise of bigger corporations. Organizations with a higher rate of labor turnover ought to heavily spend‚ so as to be able to get hold of‚ and train
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Employees Behavior Topic #15 / Critical Thinking Ethical Dileema-Is Corporate Monitoring of Employee Behavior Outside of Work Going Too Far? I chose option #1. Organizations should stay out of out personal lives‚ when we are not at work. There are privacy laws that are in place to protect our privacy. This is a very touchy issue to confront‚ as-well-as a legal issue. Everyone is entitled to their privacy. There are thinner people and non-smokers that are not healthy and they will also cost
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What Is the Real Cost Of Employee Turnover The employee turnover rate and the retention of skilled employees is a major problem businesses face. "Conservative estimates put the cost of replacing a lost employee at 25 percent of the annual compensation amount. For the typical full time employee who earns $38‚481 and receives $50‚025 in total compensation‚ the total cost of turnover would amount to $12‚506 per employee." This being the case employee turnover is a major cost and can significantly
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is more used in the workplace of most companies. The Employment Non Discrimination Act provides basic protection against workplace discrimination based on sexual orientation or gender identity. The ENDA applies to congress and federal government employees of state and local government positions. The ENDA prohibits public and private employers‚ employment agencies and labor unions from using a person’s sexual orientation or gender as a basis for employment decision for hiring‚ firing‚ promotion or
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