Happy and healthy employees are more focused‚ dedicated‚ and productive while at work. While providing employees with nutrition education‚ employers can take a preventative approach to the health of their staff. This preventative practice of health care benefits the employer as well as the employee by preventing chronic diseases through proper diet and exercise. This increases the employee ’s physical and mental health‚ making a more productive employee. The more productive the employee‚ the more successful the business
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Explain the principles behind cost benefit analysis. Is the use of cost benefit analysis essential in the appraisal of public spending? Discuss this in the light of a transport capital expenditure project with which you are familiar. Cost–benefit analysis is often used by governments to evaluate the desirability of a given intervention. It is an analysis of the cost effectiveness of different alternatives in order to see whether the benefits outweigh the costs. The aim is to gauge the efficiency
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prevent elderly people from being destitute and was founded on a sound economic model. However‚ the government’s failure to predict life expectancy and demographic changes‚ programs expansions to include people with disabilities‚ and other added benefits have made the program much more expensive and put Social Security in jeopardy of being financially unstable.
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Examine the need and benefits of Training. Training is essential because technology is developing continuously and at a fast rate. Systems and practices get outdated soon due to new discoveries in technology‚ including technical‚ managerial and behavioral aspects. Organizations that do not develop mechanisms to catch up with and use the growing technology soon become stale. However‚ developing individuals in the organization can contribute to its effectiveness of the organization. There are
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ways from everyday to 50 years from now? What are the true benefits of humor? There are many positive health effects related to a humor-filled life. According to an article entitled "Laughter is the Best Medicine" by Melinda Smith and Jeanne Segal‚ there are physical benefits in our response to humor in our every day lives. These benefits are split into two different sections: short-term and long-term. One example of the short-term benefits of humor would be that laughter induces relaxation. It gets
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Family Friendly Benefits “Family friendly” has become a prominent concept in most capitalist societies. The term can be widely used to describe numerous occurrences but most often it is used to describe specific policies that are seen for facilitating a better work and family balance for employees. Family friendly can even be further extended to apply to individual workplaces or enterprises that offer a special abundance of family friendly practices‚ policies and employment benefits. Family friendly
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are the benefits of providing a premium plan worth $6‚720 more per year per individual? These are the types of decisions that companies are having to make. They have to weigh the marginal costs with the marginal benefits. When you look at this information as a rational decision maker one can reason that it is not worth paying the 40% tax. Meaning that since the marginal benefits do not outweigh the costs companies are deciding to do away with the premium plan and look for one that meets the government’s
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Employee Benefits in Chile ©reportscue Synopsis: The report provides in-depth industry analysis‚ information and insights into employee benefits in Chile‚ including: • An overview of state and compulsory benefits in Chile • Detailed information about private benefits in Chile • Insights into various central institutions responsible for the administration of the different branches of social security • The regulatory framework and recent regulations relating to Chilean employee benefits Report
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under the 1935 law‚ what we now know as Social Security only compensated retirement benefits to
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employees who are dedicated and committed to playing an important role in helping their organisations achieve business success. This sharing information provides features the origins of the various flexi-work arrangements‚ their salient features‚ the benefits and challenges and key implementation considerations. 1. FLEXIBLE WORKING HOURS (FLEXI-TIME) 1.1 ORIGINS Flexi-time constitutes the first major divergence from the standardised 44 hour week‚ 9 to 5 workweek. The concept of allowing employees
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