A group bonus scheme is when a group of workers that are working together are rewarded or given a bonus pay to get the job completed. This could encourage team spirit and less supervision while working.
How do you get benefits of APSRTC Employee after his death?
Type of amounts gets from APSRTC employee after his death while in service
Employment Laws
Recinding Sick Leave and Personal Days?
There are a lot of variables that make almost any answer to this question shaky. Under certain circumstances, it can be rescinded--as long as it is not already "earned" by the individual--which, at least in the U.S.--is then treated like earned wages and cannot be "lost".
Typically a company states its time off policy in the company's guidelines, employee handbook, contract or other formal document. It should be explicitly defined to tell you the parameters on how time is earned or provided and what needs to be done by an individual to utilize that time. also depends on whether it is "earned" by the individual, or provided by the company.
And, I'm willing to bet there are also provisions in the document that gives the company plenty of control over the use or time off--you may have earned it, you have been approved to use it at a specified time, but it is almost always comes with the caveat that the needs of the company come first. The company could be subject to some unanticipated event that forces them to cancel previously approved time off.
What is the difference between cash transfers and in-kind benefits?
Cash transfers are direct transfer payments of money to eligible individuals to help improve their lives. Cash transfers are usually benefits which are paid by the government to the individuals in the form of cash. Money is the medium of payment. The benefit of cash transfers is that an individual can use the cash in any way that they choose.
In-kind benefits, or in-kind transfers, are transfers of goods and services. Unlike cash transfers, in-kind benefits are not paid directly. Individuals receive goods and/or services for free or at a reduced rate. Through an in-kind benefit, the government specifies how the public assistance dollars must be used.
How many weeks are in a payroll schedule which payroll is biweekly?
Bi-Weekly = every 2 weeks - Every payroll period will cover 2 weeks.
Bi-Monthly = 2x per month - Every calendar quarter will have one payroll period that has 3 weeks in it.
What does the programming stage of human resource management consist of?
implementing the plans determined earlier
In which job situation is a commission-only plan best suited?
When monetary compensation is/should be the prime motivator for employee performance.
Front office that is doing all kinds of work controlled by front office.
How does a biometric time and attendance machine works?
A biometric time-tracking system provides self-service that employees can use to complete many time-tracking tasks on their own such as, working hours, current and future schedules, and accrual accruals. Many of these systems offer both cloud-based and on-premises solutions.
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Can you borrow from a profit sharing plan?
Yes-some plans permit withdrawals after you've attained at 59½, or after you've been a participant for some specified period of time (usually at least five years), or in the event of a financial hardship. (As an alternative to a taxable withdrawal, you may be able to borrow up to 50 percent of your vested account balance if your employer permits plan loans.)
What are the differences between human resources management and personnel management?
Personnel management is concerned with the day to day overseeing of employee concerns like hiring and firing. Human resource management is concerned with long-term goals of the company's employee policies.
How ratios in ratio analysis are computed and used?
Ratio analysis is used to evaluate relationships among financial statements items; these ratios are used to identify trends overtime for one company or to compare two or more companies at a point in time. It focuses on three aspects of business: liquidity, profitability and solvency.
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It is usually based on a combination of productivity, timeliness, value to the organization and loyalty.
Factors affecting compensation strategy?
The factors influencing compensation management are broken into two categories: Internal and External
InternalCorporate philosophy
Corporate mission
Business strategy
Human resources philosophy and strategy
Total rewards philosophy and strategy
Corporate culture
Shareholder expectations
Corporate structure
Costs/resource availability
ExternalCommunity culture
Competition
Economics
Industry characteristics
Labor market
Legal/regulatory
Technology
Globalization