INTRODUCTION Various investment options available in India: • Savings Bank Account The first banking product used by people‚ it offers low interest‚ making them only marginally better than safe deposit lockers. • Money Market Funds (also known as liquid funds) It offers better returns than savings account without compromising on the terms of liquidity. These liquid funds are a specialized form of mutual funds invested in extremely short-term fixed income instruments. Unlike most mutual funds
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Diversity Analysis: The impact of Hispanics in the Workplace October 27‚ 2011 Abstract Everyone knows that the United States is known has the melting pot which consists of all different nationalities and cultures. According to the Census Bureau‚ among these different ethnicities the 2010 United States Hispanic population count rose 43%‚ going up to 50.5 million from 35.3 million in 2000; Hispanics now consist of 16% of the nation’s total population of 308.7 million (Reddy‚ 2011). In an
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our class we had a debate‚ if America cherishes Diversity. The whole class had a turn to give their viewpoints if they think we cherish diversity or not. It was basically half and half one side said they think America cherishes diversity and the other half did not. We argued over Patels and Mcgregor’s viewpoints on what they wrote in their articles‚ “Does Hollywood Cherish Diversity?” written by author Mcgregor and “Does America Cherish Diversity?” written by author Patel. America is Diverse
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Managing a Multigenerational Workforce Monash University Jason Cheah Introduction A multigenerational workforce can present many challenges for organizations of today and are fast becoming a prominent issue for Australian HR managers. An ageing workforce and continual technological innovation are the main reasons attributing to the issues associated with a multigenerational workforce. To remain competitive organizations will need to utilize such a workforce to their advantage and this
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there are some reasons can account for this phenomenon: (1) Due to over 10percent of the country’s GDP and around 8pecent of employment‚ retail is the largest industry in India. (2) Driven by strong income growth‚ changing lifestyle‚ favourable demographic patterns‚ and more and more young people live in India they likely to accept large and modern shopping mall. (3) India has huge potential market opportunity for the consumer sensitive organized retailer. Which is shown that the Indian organized
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Workforce planning is the ongoing balancing act that ensures the right individuals with the right skills at right place at the right time‚ to meet a organization’s current and future objectives (Lepak & Gowan‚ 2010). According to Lepak and Gowan (2010)‚ environmental influences are the pressure that exists outside companies that managers must consider to strategically manage their employees. The number of employees keeps on changing in different departments of an organization. Managers need to
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a. Identify methods to maintain the continuing competency of the workforce. II. Work Environment: a. Create and disseminate resources that develop and maintain optimal employee relationships‚ especially as it relates to labor issues. III. Future Care Models: a. Address team training as an essential component for the delivery of care. The Health Care Work Force A Proposal The Healthcare Workforce accounts for the greatest proportion of spending and holds the key to
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Demographic Paper Preshious Dunham HCS/490 March 5‚ 2012 Jeinnie Avera Demographic Paper The age of population is one of the challenges the United States faces. The shift of demographics may have an effect on the needs and services of this particular population. In this paper it will be discussed how the demographics may have an impact on the health care market‚ how changes will affect health care such as increase in health care cost and increase in prescription
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How Organizations Attract a Quality Workforce And How they Motivate and Retain them. “In today’s workplace‚ almost limitless job opportunities and less employee loyalty has created an environment where a business needs its employees more than the employees need the business” (Smith‚ 2012). When one side of this equation becomes dependant on the other‚ they lose the upper advantage and it puts them in a very vulnerable spot. This is the last place an organization wants to put themselves
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Task 1: WORKFORCE PLANNING REPORT A) Workforce Planning - is the business process for ensuring that an organization has suitable access to talent (potential candidates that have the ability to undertake required activities including decisions making) to ensure future business success. Access to talent includes considering all potential resources (employment‚ contracting out‚ partnerships‚ changing business activities to modify the types of talent required‚ etc.). The cycle of workforce planning
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