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    Compensation and benefits

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    Compensation and Benefits (HRM) Since compensation and benefits are vital part of HRM in most of the organizations‚ education of compensation and benefits reflect many practices and concepts pertaining to HRM. Human Resources practices do not operate in parts. They need to be strategic‚ logical and planned in the situation of the bigger organization‚ of which they are a part. Anyone in HRM is first a business partner of the organization and then an HR professional in their individual disciplines

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    fringe benefits

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    meet legal and moral obligations to their employees. Sick Pay Sick Pay is the payment of wages or salary to an employee when they are unable to attend work due to illness. There are two types of sick pay which are contractual sick pay and statutory sick pay. Contractual sick pay is the earnings that a contract of employment states that an employee is entitled to receive in the event of sickness resulting in absence from work. Statutory sick pay is the earnings that the law says most employees

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    Welfare Provision

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    Spencer have the following initiatives‚ which exceeds statutory requirements; Table 2:1 For all employees | | Flexible working patterns | A range of options available | Career leave | Employees who have completed two years’ continuous service may be entitled up to 9 months’ leave | Domestic emergency leave | Time off

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    Business Research Task: Coca-Cola Amatil Employees are the most beneficial assets that a business can have. Without staff a business‚ essentially‚ would be unable to operate. Therefore it is of vital importance to maintain a highly efficient relationship between employers and employees. This is carried out through Employment Relations. Effective and efficient employment relations in a specific organisation should be shown through; good work performance‚ job satisfaction amongst employees‚ low

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    Benefits

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    Memo To: CEO From: Human Resources Director Date: September 9‚ 2012 Re: Employee Benefit Package As requested‚ and after much research and comparison of available benefit packages‚ the following benefit package is recommended to be implemented by the organization‚ and offered to all executive assistants‚ and all other employees. Executive assistants are vital in their role in the organization. The role of the executive assistant is to

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    Total Rewards

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    Assignment 1 Geico Total Rewards Program Case Study Advantages to a Total Rewards Approach There are several advantages to using a total rewards approach to compensating the workforce. The top five are described in the text (pp. 15—17). The following paragraphs discuss the facets of the Geico total rewards program that align with these advantages: The first facet is “Health and Well-Being”. Geico offers a variety of medical plans to their employees such as PPO’s‚ HMO’s‚ dental

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    Employees Retention

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    EMPLOYEE RETENTION Report of the Employee Retention Workgroup Sponsored by: NYS Department of Civil Service George C. Sinnott‚ Commissioner NYS Governor’s Office of Employee Relations George H. Madison‚ Director George E. Pataki‚ Governor September 2002 In issuing this report‚ the Department of Civil Service and Governor’s Office of Employee Relations in no way indicate endorsement of the perspectives‚ opinions‚ and recommendations presented. EMPLOYEE RETENTION Report of the Employee

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    report

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    Report on “Bangladesh Labor Act 2006‚ in PRAN-RFL Group” Prepared For: MD Zahidul Islam Faculty of CBA Department Submitted by: Masuma Sharker Rima Program: BBA Section: C Submission Date: 15.03. 2014 Course: Career Planning & Development II (ART-203) IUBAT-International University of Business Agriculture and Technology March 23‚ 2014 Md. Zahidul Islam Course Instructor‚ CBA IUBAT- International University of Business Agriculture and Technology Uttara‚ Dhaka

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    Jacob Fardell Unit 21: Human Resources Management Assignment Number 3: ‘Because you’re worth it’ 1) What is the purpose of a job evaluation? A job evaluation is a regular examination of the role‚ duties and tasks of a particular position within an organisation. The job evaluation may also include the knowledge‚ skills and abilities that an employee will need in order to fulfil their role in that position. It is the process in which the position broken down into to decide what duties

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    Supporting Good Practice in Managing Employment Relations – A Guidance Leaflet The Impact of Employment Law at the START of the employment relationship 2 Internal Factors which can impact on the employment relationship • Policies & Procedures in place within the organisation – this is an important internal factor that can have an impact on the employment relationship; for example if there is job share/flexible working arrangements in place this can help to promote a work-life balance

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