You should initiate disciplinary proceedings against the workman following the Standing Orders of your establishment and the provisions of Industrial Disputes Act. You have to comply with each and every point of law and principles of natural justice before an employee is terminated or dismissed on the ground of misconduct. It is advisable to issue a show cause notice to start with and get a reply for that. If the reply is found unsatisfactory then proceed with a domestic enquiry and issue the charge
Premium Legal terms Jury Common law
ANALYSIS OF THE REPORT 1. Current ratio The company in all the years will be able to meet its obligation‚ especially in 2013 2. Quick ratio Company is using its inventory efficiently during the year and meeting its long term expenses 3. Cash ratio Company has sufficient amount of cash to meet its requirements 4. Inventory turnover ratio The company in year 2013 is converting its inventory into valuable product and selling it more efficiently 5. Inventory Holding Period In year 2013
Premium Financial ratios Investment
Human Relations Theory: The foci of human relations theory is on motivation‚ group motivation and leadership. At the centre of these foci are assumptions about relationship between employer and employee. they were academic‚ social scientists their emphasis was on human behaviour within organisations they stated that people’s needs are decisive factors in achieving an organisation’s effectiveness they were descriptive and attempted to be predictive of behaviour in organisations A ’motive’
Premium Psychology Sociology Motivation
TEACHING NOTE AIR DECCAN: REVOLUTIONISING THE INDIAN SKIES DVR Seshadri and Jane Henry∗ CASE FACTS Civil Aviation in India‚ since its inception‚ has been a mode of transport mainly for the elite‚ and it implies that it is within the means of affordability of less than 1% of the population only. The launch of Air Deccan in the last two years has changed this paradigm forever. The singular driving force behind this audacious venture is Captain Gopinath. Over the years‚ there have been many low-cost
Premium Airline Low-cost carrier Southwest Airlines
The HR profession map was created to assist the HR Practitioner serve the organization with HR best practices. By aligning organizational goals with providing the highest standards of successful competence‚ we ensure to deliver sustainable organization performance. The HRPM consists of ten professional areas out of which the first two are the most essential towards its successful implementation‚ eight behaviors and four bands. It describes what we need to do‚ what we need to know and how we need
Premium Management Need to know Human resource management
implementing strategies and policies relating to the management of individuals (i.e. the human resources). This function title is often abbreviated to the initials "HR". Human resources are a relatively modern management term‚ coined as late as the 1960s.The origins of the function arose in organizations that introduced ’welfare management’ practices and also in those that adopted the principles of ’scientific management’. From these terms emerged a largely administrative management activity‚ coordinating
Premium Human resource management Human resources
Do you consider the metrics organizations measure to be valuable? In order to develop a valuable HR metrics/performance measurement system it is imperative that organizations focus on their competitive strategy and operational goals‚ and should clearly define what employee competencies and behaviors are required to attain the above objective. (Becker‚ Huselid‚ & Ulrich‚ 2001‚ p. 52) Metrics are valuable if the actions and decisions which develop the metrics also develop the firm’s strategic
Premium Management Measurement Strategic management
culture‚ which is primordial for its reputation. It is therefore important to invest in the right employees for the long-term success and quality of service of a company. Human resources (HR) recruitment and selection play a crucial role for company’ success. This case study assesses HR recruitment and practices of Novellas Healthcare firm; a mid-size consultancy company active in Healthcare and Pharmaceutical industry. A structured interview questionnaire combined with company’ website review and
Premium Management Employment Human resource management
Assignment 5 Joanne Cope Unit Code – 4DEP Developing Yourself as an Effective Human Resource Practitioner (A.C.1.1) (a) The CIPD HR Profession Map (HRPM) was launched in 2009 but was made available to all Organisations and HR professionals in October 2012. www.cipd.co.uk It is used to help an individual to develop in their career and to help them prioritise their work load. It sets goals in order for them to move to the next band. It also helps an organisation to identify skills
Premium Management Human resource management Human resources
in the store‚ whether it is the hiring manager‚ the line manager‚ the office manager‚ the assistant manager or the store manager. The managers have to be educated on all of the HR laws and guidelines in the event something should arise. The managers go thru extensive training when it comes to HR since there really is no HR staff on site. Describe the major legal concerns of the organization and recommend how those concerns should be addressed. Some legal concerns I believe that could arise mainly
Premium Human resource management Human resources Management