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Compensation and Benefits
Compensation is the amount (salary or wage) received for performing a job, while benefits refer to value other than compensation, which the employees receive. Benefits include insurance, holiday, pension pay and vacation pay.
796 Questions
What is the origin of the term severance pay?
Severance pay originated from the middle ages when people convicted of the death penalty would pay their executioner to sharpen their blade so they die with one clean cut
Does Dick's Sporting Goods employee discount apply to immediate family members?
No. Only your Spouse. No other family member can use the discount.
What are the contemporary HRM issues?
1. Adding value to an organisation both the labour force and the business itself
2. Manage talent within your organisation - try to attract and keep talented and hard-working people in the organisation.
3. Globalization
4. IT
5. Business Control
6. Information-workers
7. Info-management
What are factors that influence human resources planning?
There are many factors that influence human resources planning. The most common factors include scope of the task, workforce required and the resources available for use among other things.
What is the phone number for the JP Morgan Chase human resource department?
JP Morgan Chase's Human Resource Department is 1-877-576-2427.
Taking Your Employees on a Corporate Retreat?
Taking your company on a corporate retreat can be a great team building event for your employees. When you take your employees to a corporate retreat center, you take them out of their stressful work environment. This allows your employees to relax while working on team building exercises. These team building exercises will help build morale and allow your employees to become more comfortable with working together. They will get the chance to know each other on a more personal basis. Once the retreat is over, your employees will work better together as a team to help your business prosper.
What are the roles of hr at dell inc?
Human resources in Dell are responsible for attracting talent that supports the organization's goal. They need to attract the best talent so that their competition won't get them.
Does General Dynamics Corporation offer domestic partner benefits?
Yes, they do give their employees domestic partner benefits, according to the Human Rights Campaign Foundation's Corporate Equality Index 2013, which gave General Dynamics Corp. an 85% rating.
Can employer hold vacation and bonus out of pay if employee is fired?
The laws regarding vacation pay vary depending on the jurisdiction. In some there is nothing to stop them, in others they have to pay compensation. In most cases the bonus is lost.
One of the most significant HRM function is the suitable recruitment and selection of appropriate staff. If I will be the HR Manager of a supposed footwear company, I will unquestionably look into many aspects to acquire the best suitable person for my company. Thus my selection process will be based on the following objectives,
1. Hire the correct person.
2. Conduct a extensive and all-embracing search of the potential position candidates.
3. Recruit staff members who are companionable with the college or university environment and culture.
4. Hire individuals by using a model that focuses on student learning and education of the entire person.
5. Place individuals in positions with responsibilities that will improve their personal development.
No it doesn't you don't get to decide when it's paid in full now if you didn't owe any more payments then yes but if you get a bill saying you owe some more money then no.
Leave encashment is the amount payable for the employee's leave period, depending upon the leaves to his credit and his salary at the time of termination of employment or at the time of encashing his leaves.
Are employers required to pay sick and vacation leave?
No. If you are working a minimum wage job most offen you will work 20-30 hours a week so your employer doesn't have to give benefits. Even in a 40 hour a week job your employer doesn't have to provide sick leave or vacation time.
What are the contents of a biodata?
Biodata is biographical data. The biodata or resume comprise of the following contents: Personal details, Job objective, Education, Professional experience, Computer skills, Language and Personal Communication Skills, Extracurricular activities, References.
Does Redners Markets Have An Employee Discount?
No, but if there are no accidents, we get a ten dollar gift card every month.
What skills and competencies are necessary to be successful in human resource management?
global awareness competence
Who are the stakeholder in Human Resource management?
The typical stakeholders in Human Resource Management are members from all levels of the business. This usually includes the owner, employees, insurance companies and customers.
Do you have examples of rank and file employee?
Skype also wants to become a place where deals are made by CEOs and rank-and-file employees alike.
The phrase 'per diem' means 'by the day'. In the word-by-word translation from Latin, the preposition 'per' means 'through'. The noun 'diem', which is in the accusative case, means 'day'. So 'per diem' refers to a rate at which an individual is paid each day, a rate at which one is reimbursed for out-of-pocket expenses, or both. The 'per diem's rate of pay or reimbursement is based upon industry guidelines. It also is based upon the particular profession within the particular business. And it's based upon the particular individual's experience.
Does brinker international really give a 500 dollar bonus check after five years of employment?
Yes, they do.
Who performs the Human Resource function?
In a business, there may be a Human Resource Manager dealing with issues relating to HR.
Why should one do MBA in HR and what functions he has to perform n the job that he gets?
The following was written by Wharton College Pennsylvania. This should help.
Why an MBA
The MBA is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand.
Skills
These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities.
Networks
An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.
Brand
The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.
