rules that both the employer and employee should obey to run the business effectively‚ the employer has a right to provide safe equipment that won’t put the employees in danger‚ however‚ the employee also has to obey any rule to the employer puts forward. The employer also has to carry out regular tests on all of the equipment in the work place to ensure that it is a safe environment for both him and the employees. Employers are expected to give the employees a copy of the terms and conditions of
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we are going to explain the role of shareholders‚ directors and partners in the different types of business; and then we will see the importance of legal constraints on decision making within business organisations. 1- THE ROLE OF THE SHAREHOLDERS: There are no shares in the sole trader and partnership ownership; that is why shareholders do not apply in these two types of businesses. In Private Limited Companies‚ there must be at least two shareholders but no maximum number. The principal
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Designing A Reward System That Works In any type of business reward systems offer employees the incentive to more effectively and efficiently perform. Whether the rewards are financial‚ material‚ recognition based‚ or just beneficial they are important in helping to motivate employees in performing better and going above and beyond the minimum requirements. There are nine major factors that motivate employees to perform better. These nine factors are: “Respect for employee as a person; good pay;
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LENDING TO PRIORITY SECTOR At a meeting of the National Credit Council held in July 1968‚ it was emphasised that commercial banks should increase their involvement in the financing of priority sectors‚ viz.‚ agriculture and small scale industries. The description of the priority sectors was later formalised in 1972 on the basis of the report submitted by the Informal Study Group on Statistics relating to advances to the Priority Sectors constituted by the Reserve Bank in May 1971. On the basis
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CHAPTER I STUDY OF EMPLOYEES SATIAFACTION TOWARDS WELFARE MEASURES OF VOLVO EICHER MOTOR INTRODUCTION Employee retention has become a critical issue facing every organization today. Frustration‚ dissatisfied‚ burn out and turnover among staff have grown‚ resulting in a shortage of qualified‚ competent workers‚ all the industries are facing a severe challenge as they seek to attract and retain top talent. The approach for measuring employee satisfaction
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A SUMMER TRAINING PROJECT REPORT ON “IMAPACT OF VARIABLE SALARY ON MOTIVATION OF DAYAL SALES EMPLOYEES” In DAYAL FERTILIZER PVT. LTD. Submitted to Mahamaya Technical University‚ Noida for the Partial Fulfillment of the Requirements for the Award of Degree of MASTER OF BUSINESS ADMINISTATION (MBA) Batch (2012-14) Submitted By: Submitted To: SANDEEP KUMAR Mentor Name Roll NO. 1211470025 ISHA CHAUDHARY (Faculty) Institute
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WHO ARE YOUR STAKEHOLDERS? WHAT ARE YOUR RESPONSIBILITIES TOWARDS EACH OF THE STAKEHOLDERS? Groups / individuals that are affected by and/or have an interest in the operations and objectives of the business Most businesses have a variety of stakeholder groups which can be broadly categorised as follows: Stakeholder groups vary both in terms of their interest in the business activities and also their power to influence business decisions. Here is a useful summary: Stakeholder Main Interests
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Kelvin Chambwa Question: Personal growth and career development of managers and employees alike are among the most important tasks for managers. a) Describe characteristics of adult development b) Explain causes of career related stress for ages between 30 and 50 years c) Discuss organisational causes of stress and stress management strategies Introduction Early adulthood is entered when men (and women) begin careers and families. After an evaluation of themselves at about age
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Monitor Employees’ Social Networking Activity Revealed in a new Deloitte survey‚ many businesses want to be able to monitor their employees’ social networking activity on sites such as MySpace‚ Facebook‚ and Twitter. The main problem with this idea stems from employers wanting to monitor this activity on a subordinate’s off time. BusinessWeek reported that companies want to make sure that their hard-earned reputation stays solid and meaningful‚ rather than seeing a bunch of employees express
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Before turning to the factors affecting the proper organization of a Human Resources department and its role in hiring new employees‚ briefly need to stress the organization of the department itself. National Hellenic Land and Property Register consist of HR Executive Manager‚ two HR generalists‚ one HR coordinator and one HR assistant. The binding function of human resource management to business strategy at the operational‚ administrative and strategic level‚ facilitating managers and line workers
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