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What are two trends in foodservice that managers must be aware of in order to attract and retain employees?
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Role of information systems in a typical business?
Information systems help managers make better decisions. They also help managers retain information about employees and business operations. With the right systems, managers can create a competitive advantage.
What does a company pay for employee health insurance?
It has been a long held belief that providing such benefits helps a company attract and retain good employees.
Is salary alone adequate to retain and attract competent employee?
Study after study has shown that salary is not enough to attract and retain the type of employee that businesses want. Factors besides salary that attract competent employees are 1. Working conditions 2. Health plans 3. Moral and ethical work 4. Interesting and challenging work-(feeling that your job means something to the overall success of the company). Factors that help retain good employees besides salary are 1. flexibility within their job assignment, 2. continual access to training 3. open doors to their managers 4. visible route for advancement 5. recognition from above (considered one of the most important) 6. flexible work hours
What are the functions of the sales operations department?
attract and retain customer
Is pay packet alone adequate to retain and attract competent employee?
Study after study has shown that salary is not enough to attract and retain the type of employee that businesses want. Factors besides salary that attract competent employees are 1. Working conditions 2. Health plans 3. Moral and ethical work 4. Interesting and challenging work-(feeling that your job means something to the overall success of the company). Factors that help retain good employees besides salary are 1. flexibility within their job assignment, 2. continual access to training 3. open doors to their managers 4. visible route for advancement 5. recognition from above (considered one of the most important) 6. flexible work hours Google "Work Life Balance". I just wrote a paper on this for grad school. Paychecks don't mean very much anymore...it is all the extras...healthy work environments, flex schedules, telecommuting, innovation, inclusion, growth, room for advancement, recognition.
How the manager to maintain the equilibrium between the needs of the organization and the needs of its employees?
In many ways the needs of an organization are the same as the needs of its employees. The ability to earn a profit as example is a need of the organization and helps fit the needs of employees to be paid properly. Thus profits and pay to employees are tied together. As an additional example, an organization needs to attract and retain employees to work in the organization. To do this, the organization must pay fairly and have good benefits to satisfy employee needs.
Importance of QWL?
QWL is important to both employers and employees. If someone has a positive Quality of Working Life, they're going to be happier and work harder. By providing a quality working environment, companies will be able to attract and retain good workers.
The ability to provide financial rewards sufficient to attract and retain financing is called?
profitability
Why does the location of a job affect your salary?
Typically, jobs located in or very close to capital cities attract higher salaries than those outside these areas due to the higher costs of living. In London, these are referred to as London weighting allowances for instance. if such higher costs were not reflected in higher earnings, companies and other organisations would not be able to attract or retain employees.
What are Objectives of reward system?
The reward system has three behavioural objectives: 1. membership behaviour ==> to attract and retain sufficient and suitably qualified employees 2. task behaviour: ==> to motivate employees to be flexible and perform to the fullest extent of their capabilities. 3. commitment behaviour ==> to encourage the employees to undertake special behaviour beneficial to the organisation whit out direct supervision or instruction and have a relation beyond the simple economic exchange.
How do you recruit and retain the best employees?
A company will recruit the right candidate based on qualifications and experience. Retention of key employees will be based on salary and incentives.
Why is goodwill important for the success of a company?
There are many reasons why goodwill is important in business. Goodwill will increase your customer base and retain old clients, attract investors and attract future buyers.
