Voluntary Retirement Scheme (VRS) | | In the present globalised scenario‚ right sizing of the manpower employed in an organisation has become an important management strategy in order to meet the increased competition. The voluntary retirement scheme(VRS) is the most humane technique to provide overall reduction in the existing strength of the employees. It is a technique used by companies for trimming the workforce employed in the industrial unit. It is now a commonly method used to dispense
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Mandatory Retirement: Why governments should quit banning it Morley Gunderson CIBC Chair in Youth Employment – University of Toronto Fellow of the Royal Society of Canada 16 December 2008 AIMS Labour Series Commentary #3 What’s Inside Government did not create mandatory retirement. It is not legislated. Not even the CPP requires people to stop working at age 65. Mandatory retirement was created through bargaining between employees and employers because it is mutually beneficial. It
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The United States‚ the third most populous country globally‚ accounts for about 4.5% of the world’s population. The U.S. population‚ currently estimated at 308.7 million persons‚ has more than doubled since its 1950 level of 152.3 million. More than just being double in size‚ the population has become qualitatively different from what it was in 1950. As noted by the Population Reference Bureau‚ “The U.S. is getting bigger‚ older‚ and more diverse.” The objective of this report is to highlight some
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TRENDS OF EMPLOYEE ENGAGEMENT IN FINANCIAL INSTITUTIONS – A COMPREHENSIVE STUDY Trends of Employee Engagement in Financial Institutions – A Comprehensive Study Abstract: Employee engagement is the level of commitment and involvement an employee has towards their organization and its values. An engaged employee is aware of business context‚ and works with colleagues to improve performance within the job for the benefit of the organization. It is a positive
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(Print): 2319 – 801X www.ijbmi.org Volume 2 Issue 8ǁ August. 2013ǁ PP.17-22 Employee Stock Ownership Plans and Their Effect on Productivity: The Case of Huawei Zhibiao Zhu1‚ James Hoffmire2‚ John Hoffmire3‚ Fusheng Wang4 1‚3 Said Business School ‚University of Oxford; 2 School of Business‚ University of Wisconsin-Madision; 1‚4 School of Management‚ Harbin Institute of Technology ABSTRACT: Employee Stock Ownership Plans (ESOPs) are utilized by many successful companies across the world. This case
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Thomas Alva Edison was one of the most prominent American inventors of the 20th century. He was born in 1847 in Ohio and worked several different jobs during his early life. In 1968‚ while working at Western Union Company‚ Thomas Edison designed an electronic vote recorder for recording vote faster in legislature‚ which went unsuccessful with the Massachusetts Legislature. In 1869‚ he invented the Universal Stock Printer‚ which synchronized several stock tickers’ transactions‚ and sold the rights
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LIFE IN RETIREMENT A PAPER PRESENTED BY GBOLAHAN I. OYEGOKE (PRINCE) B. Sc. (Ed.)Econs.‚ MBA (Mktng.) ABR‚ ACTI‚ ACA HEAD OF PRACTICE Gbolahan Oyegoke & Co Chartered Accountants AT THE POST RETIREMENT SEMINAR ORGANISED BY T. A. AMUSSAH & SONS LIMITED (CONTRACTOR TO CHEVRON NIGERIA LIMITED) DECEMBER 6‚ 2006 PREAMBLE Retirement simply refers to the fact of stopping work because you have reached particular age or set criteria. Such criteria may be health‚ performance at work‚ conduct‚ options
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CHAPTER ONE 1.1 INTRODUCTION There are three factors in every organization. These factors are; culture‚ structural and resources-material and human. Human resource is the pillar of every organization. They are led by managers who control‚ plan‚ coordinate‚ direct lead and organize other resources to achieve the objectives of that establishment. The job of a manager in the workplace is to get things done through employees. To do this the manager should be able to motivate employees adequately. By
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THE IMPACT OF TRAINING AND DEVELOPMENT ON THE OVERALL PERFORMANCE OF THE ORGANISATION. A CASE STUDY OF UBA KENYA BANK LIMITED LIST OF ABBREVIATIONS 2 I: INTRODUCTION 3 Statement of the problem 3 Rationale of Justification of the study 3 Assumptions of the study 3 Conceptual Framework 4 Objectives of the study 4 Research Questions 4 II: LITERATURE REVIEW 5 Overview of Training 5 Human Capital Management 5 Human Resource Management and Training 6 Training 6 Development Gaps
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NATIONAL PARK TOURISTS RECORD SYSTEM (A case of Kenya wildlife service) A DOCUMENTATION SUBMITTED ON THURSDAY OF DECEMBER‚ 2012 TO THE DEPARTMENT OF IN INFORMATION TECHNOLOGY OF THE SCHOOL OF COMPUTER & INFORMATION SCIENCES OF MULTIMEDIA UNIVERSITY COLLEGE OF KENYA IN PARTIAL FULFILLMENT OF THE REQUIREMENTS OF BACHELOR OF SCIENCE IN INFORMATION TECHNOLOGY BY NAME: REBECCA O.AMOLO ADMNO: IST-221-018/2010 YEAR OF STUDY: 3 SEMESTER: 2 COURSE: INFORMATION TECHNOLOGY APPROVALS
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