0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
How can a performance management system benefit your company?
It... will manage the performance of your employees. By doing so, it raises efficiency, and the company makes more money. This is a good thing to have.
Where is litton Guidance and control benefit office located where to apply for Litton company retirement benefit for former employees?
Call Northrup/Grumman benefits office. They are doing all the processing and administration for the Litton Retirement Program.
How will enterprise content management benefit your company?
Enterprise content management will help your company organize its files more efficiently and be able to access any of these files easily. Enterprise content management will also help you and your employees find ways to be more efficient at work.
What is the normal growth rate of employees in a company?
The average growth rate of employees in a company is 30 percent. Each company can figure out their own growth rate by subtracting the original amount of employees from the new amount, multiplying that number by 100 percent and then dividing the sum by the original amount.
How many employees can their be in a private limited company?
minimum of 500
Is medical allowance a privilege or a benefit?
Medical Allowance is a benefit not a privilege. It is generally provided by the Company to its employees in lieu of E.S.I. benefit.
What is an example of an employee benefit that is used to retain employees?
Life insurance and retirement options are another type of benefit many companies offer their employees. These types of benefits often encourage employees to remain with the same company because they do not want to cash in
How does it benefit the employer by providing provident funds for employess?
Employees will have a higher satisfaction level and loyalty towards the company
How can a performance management system benefit your company?
It... will manage the performance of your employees. By doing so, it raises efficiency, and the company makes more money. This is a good thing to have.
How do you prorate employees vacation time?
That is left up to the individual company to decide in their employment benefit policies. Or by union negotiations.
What is an employee benefit?
An employee benefit trust is a trust set up by a company to provide benefits for some or all of its employees. The company will pay money into the trust and the trustees will pay it out later to the employees. In the meantime they will invest it (often in shares of the company). Employee benefit trusts are often used as part of employee share schemes or to pay deferred bonuses to high earning employees. They have also been used in other ways designed to avoid or defer income tax or national insurance. However this has now been clamped down on.
When can you impose criminal liability on a corporation for the acts of its employees?
A corporation can be held criminally liable for the acts of its employees when those employees are acting within the scope of their employment, and their actions are intended to benefit the corporation. Additionally, if the corporation had knowledge of, or was willfully blind to, the illegal actions being taken by its employees, it could also be held criminally liable.
What are the advantages to a business of developing an employee incentive scheme?
A company which offers an employee incentive schemes can benefit from well-trained, loyal, motivated and productive employees. The employees performance and expertise level increases and the company is able to do better because of that.
What can limit the profits a company makes?
In a free market economy, there are no limits to a company's profitability. For the benefit of a company's employees, its shareholders, and for the payment of taxes to the government, the more a company profits, the more it helps the economy of a nation.
What is an employee benefit trust?
An employee benefit trust is a trust set up by a company to provide benefits for some or all of its employees. The company will pay money into the trust and the trustees will pay it out later to the employees. In the meantime they will invest it (often in shares of the company). Employee benefit trusts are often used as part of employee share schemes or to pay deferred bonuses to high earning employees. They have also been used in other ways designed to avoid or defer income tax or national insurance. However this has now been clamped down on.
What is meaning fringe benefits?
Fringe benefit means non-monetary rewards given to employees. Things such as vacation time, use of a company car, travel on the company jet, etc.
What is the telephone number for Aurora National Benefit Co the company that pays the retirement check for retired employees of the Cannon Mills Company changed to Fieldcrest Cannon?
800-265-2652
