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What is the acceptable internal rate of absenteeism in an organisation?
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What are the prerequisites of Capital Budgeting?
When making capital budgeting decisions the following need to be considered:Accounting rate of returnPayback periodNet present valueProfitability indexInternal rate of returnModified internal rate of returnEquivalent annuityReal options valuation
Need of mis?
due to the change in government policies,change in business size,growth rate, customers changing preference,intense level of competition, the top business managers and operation control level are constantly facing complex problems.To solve such problems and find an appropriate solution the organisations require information regarding the finance, production,market,etc.to tackle all these problems there should be provision made for providing correct information at the correct time.So the information can be easily made available by MIS. Different levels in an organisation requires different type of information: The top management requires on external management as well as internal organisation, for decision making as well as planning. The current information as well as the future information required for such process should be provided in the correct time. Administrative management looks into the operationalization of organisation, day to day performance and actions to be taken.the information required for such process is complex. the information to the administration management is provided by the top management and the supervisory management.the supervisory management requires information for the the it proper and efficient functioning and provide information about its activities to its top management.MIS helps the organisation in all these aspects by providing the right information at the right at the right place.
What are the internal and external factors to consider when developing a human resource plan?
Factors to be considered when developing a HRM plan.First one must know that the HRPLanning is the process for identifying an organisation current & future human resource requirements,developing and implementing plans to meet these requirements & monitoring their overall effevtiveness,Internal factors: An internal assessment of labour is carried out, looking at the internal labour workforce and analysing the internal characteristics of the labour force. As such the factors of labour force will consider theJob type: that is the different types of jobs which are to be performed within the organisation and the skills, competence and knowledge of people needed. The quality of labour needed foe each job and the quantity needed in successive periods.THe skills possessed by the present work force: It is vital to know what types of skills, knowledge &competence are already possessed by the present workforce.Any gap between what skills are needed and what are possessed and while developing the plan one can consider whether the gap nan be filled by new recruitment or by mere training . If training is the option then less may be recruited.labour turnover: Pass years labour turn over can indicate the trend regarding this phenomenon. If labour turn over is high then the plan will indicate a higher demand. As such an accurate forecast of labour turnover is amust in a successful HRPlan.Qualifications: Kowledge of actaul qualifications of the staff/ workers and that of the future personnel.Length of experience and service and age of work force. THIS WILL ALLOW THE ORGANISATION TO PLAN FOR RETIREMENTS .Gender: THe organisation requirement of different number of sexes for the labour. Whether more males or females.Ethnic origin: THe breakup of the employees in terms of different ethnic grous and communities is also important. tHE hr plan need to incorporate the different numbers of each group to be recruited,DISABILITY: Organisations are expected to employ a number of disabled people. Number need to be compiled and included in the HRPlan.The Demand for the products: If the demand for the proucts or services being offered rise up the demand for human resources will need to go up.2. EXTERNAL FACTORS: These will compris of:* political(Labour market,laws on sex discriminationAct, Equal opportunity Act,LabourAct),* technological( use of technology computerisation,IT,ROBOT,Automatic Teller Machines)* Social( age ethnic), *Unemployment rate( cheaper labour if unemployment is high), *Economic(Recession will make demands of product fall down,less tourist) *Competitors( searching for the same type of labour with better ofeer and scarcity of labour causes the offer for job the hiring salary to climb up),* Output of Universities & Professional institutions: if output is low then organisation can consider hiring personnel with lower qualification. If demand for employment is high then consider people with higher degrees. I have tried to give the maximum in my own words the answer. However if additional is required you can insert.Hope this will help you .My email is parmanandballah @yahoo.comor just send a message to( cardiac@intnet.mu).i will help to answer questions on REcruitment,selection,Job description with its content and purpose,Benefit of HRP to the success of an organisation.SKILLS &ATTRIBUTES OF AN HR.MOTIVATION AND APPLICATION TO WORFORCE TODAY.
What is the meaning of PmHr?
predicted maximum heart rate gud question. I want to be a doctor.predicted maximum heart rate....
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.
What is the national absenteeism rate in Mexico?
National absenteeism rate is around 7.3% for all workers during 2015.
How do you calculate absenteeism?
Absenteeism rate for a particular day is calculated as follows : The people rostered, minus the people absent.
Why the rate of absenteeism has increased among university students?
because they are stupid
How absenteeism affect an organization?
Absenteeism is created when there is stressful working environments and if the motivation is low by employers. When there is high rate of Absenteeism the existing workload has to be carried-out by existing staff. This creates additional burden for the employee minds. Sometimes they have to work overtime and still no motive receiving. But important to motivate and keep employees and properly manage the work at companies.
What is the acceptable mileage rate in nova scotia?
$0.50 is acceptable for tax purposes federally so should be acceptable in NS.
What is absenteeism?
Constantly not showing up for an arranged appointment, especially work. Also refers to the rate of people not showing up for work.
What is an acceptable rate for a home mortgage loan?
An acceptable rate for a home mortgage loan is 7-9 percentage. Read more at www.mortgageloan.com/ or www.interest.com
What is the acceptable average Accident frequency rate?
It depends to the acceptable risk level in your company. Usually AFR=10 is acceptable in most companies.
How do you calculate attrition?
Attrition rate % = (No of people moved out of the organisation during the period / Total no of people in the organisation during the period) * 100
Example of Internal rate of return?
Money deposited in an interest bearing account has a rate of return. the institution will take that money and reinvest it so they can make money off of it as well.This rate of return on the internal investment is the internal rate of return, which is usually higher than that paid to the original investor.
What does IRR stand for?
Internal Rate of Return
What is the definition of IRR?
internal rate of return
