Why I want to execute a training bond Aigbibhalu Luke Aigbokhaevbo Knowledge is an immeasurable‚ unique and rich possession which when impacted cannot be retrieved. Knowledge doesn’t decrease when it is given‚ in fact‚ knowledge is power. Knowing I can be financially independent and comfortable if I’m given the opportunity to become part of Access bank and also with the knowledge that a training bond can be regarded as the first step to helping me achieve that‚ then yes‚ that is the major reason
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company had to change its HRM policy drastically. While losing money‚ Schultz decided to reduce his salary to $1 and totally cut off management bonuses due to a financial poor performance. Moneyball at Starbucks‚ these words were said by head of HR at Starbucks‚ meaning he wants to use analytics to improve company competitiveness‚ as it was done by Oakland Baseball team for the first time in US and worked very well. The major difference was to change information given from scorecard used “where
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HR Activities - Test P3: Discuss the Terminology used in personal career development. 1. Career: Individual’s series of jobs & perception & meanings of their experiences. 2. Career development plan: a Road Map from choosing an occupatio to become employed in a defined occupation. 3. Employability: Ability to get another job based on employment you had. This does not assure your skills & knowledge will be in demand or you will be offered. 4. Skills‚ Knowledge & Experience: Capabilities allowwing
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4 Basic Functions of Management Tynesha Sutton American Intercontinental University Abstract This paper will explain the importance of the four business functions which are planning‚ organizing‚ directing‚ and controlling. Planning is the process of creating the business vision; Organizing is arranging the internal structure of the organization. Directing is leading the organization through proper leadership and motivation. These principles are a great model for
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List and explain the four basic functions of management and provide an example of how a manager would use each function in their work. In order to be a good and effective manager one must possess four basic characteristics. He or she must be able to plan‚ be organized‚ have good leadership skills‚ and have control of their work environment. Management is explained by Robbins & Coulter (2007)‚ as someone who coordinates and oversees the work activities of others so that their activities are
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Summary of the Article‚ ”Why do firms exist”……….. Ronald Coase may not be as famous as other economists due to his non-recognisable status but at the turn of the century ‚ he was able to achieve a recognisable status by applying practical theories on pre- existing economic theories. Highlights Deregulation revolution of 1980s Re-surfacing the pin factory which was the foundation of division of labour criticism of earlier economics theories of Adam Smith and others. Bureacracy in modern
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with how management accounting discipline has been used in the law firm of Messrs Majanja Luseno Advocates‚ where the writer is an Associate Advocate‚ towards achievement of the Firm’s objectives. 2.0 History of the Firm Majanja Luseno Advocates was founded in the year 2008 and is one of the fastest growing law firms in Nairobi with two partners‚ four associate advocates‚ six legal assistants and five support staff. The Firm provides an array of legal services to a wide client base that includes
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the investment the company is making into the employee. If the employee leaves the company within a certain period of time‚ then‚ based on the time frame‚ the employee will‚ on a pro-rate basis‚ pay the company back for the training. I want to execute the training bond program because the incentives associated with it include increasing one’s earning potential and acquiring additional skills and abilities that are attractive to any organization. Training and development are important factors that
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A brief introduction of PMT‚ IPMT and PPMT Excel functions MS Excel – PMT Function(WS‚ VBA) • In Excel‚ the PMT function returns the payment amount for a loan based on an interest rate and a constant payment schedule. • The syntax for the PMT function is: • PMT( interest_rate‚ number_payments‚ PV‚ [FV]‚ [Type] ) • • • • interest_rate is the interest rate for the loan. number_payments is the number of payments for the loan. PV is the present value or principal of the loan
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Why we Hate HR? To achieve the objectives of organization people performs certain activities; they are the one who made up organization and known as the human resource of an organization. The main concern of HRM is with establishing policies‚ managerial practices and workflow systems which influence the human resource of the organization. In other words‚ all decisions which influence the workforce of an organization are concerned with the HRM function within the company (Bernadin‚ 2007). Human
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