Taking a Look at Worker Compensation - 787 Words

The Human Resource is one of the main departments in a business that was established to serve the rights of the employees and the policy of the organization. It is then divided into sub disciplines which consist of Compensation and Benefits as one of the essence in the structure of managing an entire workforce. As being mentioned in www.boundless.com, Compensation deals with the salary and wages of the employees. There are several definitions about Compensation, but generally, Compensation is the overall form of monetary or non-monetary pay that is given to the employees as a reward for their required services and relationship to the employer. (Susan M. Heathfield, n.d.) The importance of Compensation is relatively apparent to an organization as it affects the wellbeing and performance of an employee. Thus, it gives impacts to the operation of a fit organization. Therefore, compensation should be abided by the objectives of itself that focuses on the four main units which are efficie ncy, fairness, compliance and ethics. According to Rose Johnson of Demand Media, the objectives of instituting a compensation deal can be distributed into three specific parts – motivation, retention, and compensation law. To deliberate on how compensation influences employees’ behavior, it is only relevant to emphasize on the motivation of the employees. The idea of compensation stimulates the drive of an employee to strive their best to meet up to the expectations of the organization goals. TheShow MoreRelatedRole of Compensation in Human Resources Management773 Words   |  4 Pages Compensation and Benefits: Definition and Importance Compensation, Benefits, Employee Benefits, fringe benefits, compensation and benefits Posted by Numan Nazir on Friday, 02/12/2010 12:07 am       Human Resource Management (HRM) has never been as significant as it is today. Companies want to attract, retain and motivate brains to meet objectives. Today Humans are regarded as one of every company’s assets so they need to be efficiently and effectively managed. One of the tools companies use to attractRead MoreEmployee Is Harmed At Work1581 Words   |  7 PagesIn the event an employee is harmed at work and they meet all the requirements for workers compensation they can get health advantages and salary for the amount of time they miss work. With a specific end goal to get these advantages, the representative must lose their entitlement to sue their manager for the offense of disregard. There are a wide range of arrangements, which fluctuate from state to state. The workers that fit the bill for pay can get week after week installments as opposed to beingRead MoreCOMPENSATION CH. 11449 Words   |  4 PagesTurn†¦ 1. The replacement of highly paid workers with lower-paid workers did not cause Circuit City to perform so poorly. I have come to this conclusion based off of the section, Caveat Emptor, and am confident in my response. I do feel as though the variables were measured effectively and were useful in their research. However, just because it was useful does not mean they were actually related. The replacement of the highly paid workers with the lower paid workers is not necessarily the reason for CircuitRead MoreThe Ethics Behind A Ceo Making 600 Times More Than An Average Worker1440 Words   |  6 PagesThe ethics behind a CEO making 300 times more than an average worker. The problem in America today isn t that some people are getting rich. We d probably all like to be rich. The problem is, most people are getting nowhere,† David Bonior (D-MI) has argued. Why is it that Chief Executive Officers of large companies are making upwards of 500 times more than their average worker? And why are some CEOs only making $1 per year in salary? This paper gives a forefront for different types of CEOs, includingRead MoreThe Objectives And Objectives Of Hr Administration1585 Words   |  7 Pagessteam clients in downtown Milwaukee. Despite the fact that everyone needs electricity and jobs in today s economy, organizations try to look after gainfulness, pull in and hold gifted workers, and stay in front of its opposition. These objectives require strategic planning to adequately convey particular purposes to deliver results, for example, making compensation and benefit plans for their representatives. WE Energies understands that pay and benefits are a necess ary piece of HR administration,Read MoreAnalysis Of The Hr Department With The Ideals And Goals Of The Organization1525 Words   |  7 PagesIt is great that this meeting is taking place because in order for human resources to work, it is important to communicate and link the strategies of the HR department with the ideals and goals of the organization. There are three levers of Human Resource Management, staffing, training, and compensation. Compensation is the most important of the three because it deals a lot with pay. Echo’s compensation is going to have a big effect on the employee’s attitudes and behaviors as well as impact theRead MoreThe Female Employer May Sue For Emotional Distress956 Words   |  4 Pagesfemale employer could file a Workers Compensation claim. In the Supreme Court of Virginia. Ms Butler filed a workman s comp claim, Butler v. Southern States Coop. Inc., __ Va. __, 620 S.E.2d 768 (Nov. 4, 2005), stating among other things, her employer was responsible for the emotional distress when a co-worker grabbed her and tried to kiss her while conducting business duties. However Ms. Butler lost her case, with the courts stating the workers compensation law does not cover distress,Read MoreThe Goals Of Disability Management Programs1419 Words   |  6 Pageswho are attempting to return to work following an injury or illness via change in job task and or the work environment to enable workers with temporary or permanent disability to perform work productively. In light of financial and legislative realities, organizations develop disability management programs to prevent workplace injury and illness and to accommodate workers in a manner that facilitates early and safe return to work. The goals of disability management programs include promotion of safeRead MoreThe Primary Determinant Of Rate Of Pay Essay1472 Words   |  6 Pagesher pay category, skills do. The more skills a worker has, the higher the wage. Skill-based p ay systems seems to mean nicely with the changing nature of jobs and the new world of work, Henderson (2004). Another factor that influences an employee’s pay is the kind of business the organization is in. private-sector jobs typically provides higher-rate of pay than public-sector or non-profit jobs. The nature of the business and its impact on compensation also applies to different industries. For exampleRead MoreWhat Are Transactional Hr Responsibilities?857 Words   |  4 Pagesresponsibilities are generally considered more task-oriented processes such as â€Å"Administrative, order-taking, updating an individual employees’ HR Records, filling a vacant position or locating a training program for an individual† (Jones, 2009). These responsibilities usually have to do with an organization’s compliance to federal and state regulations. Some of these include: recruiting, staffing, benefits and compensation, payroll, and some types of training. Strategic HR responsibilities surpass transactional

Microsoft began when two inspirational young men, Bill...

Microsoft began when two inspirational young men, Bill Gates and Paul Allen, to develop BASIC language software for ALTAIR 8800. Today, Microsoft is the world’s largest software company and an undeniable force in the computing world. Microsoft’s products are used across the world, from every age to every race. Microsoft is the parent company of the Windows operating system, Internet Explorer browser, the Office suite of programs, and the Xbox game system. The company has a revenue of $60.42 billion and a global workforce of 95,000 people. At present, the company has exhibited agility in responding to market conditions, and has been managing innovations well. Bill Gates and Paul Allen were motivated by a dream and a desire that started with†¦show more content†¦Anything electronic desired by the consumer Microsoft wants to produce the product and do it better. During the last few years, Microsoft has had its ups and downs but has managed to do well even during the current state of the economy. Microsoft withstood a two million dollar drop in their revenue going from going from 60 million in 2008 to 58 million at the time of the 2009 report and a similar drop in their operating income. Until 2009 Microsoft had enjoyed a steady increase in their revenue and operating income. The operating income according to Microsoft’s annual report increased on average about two million dollars a year starting in 2005 at a little over 14 million and increasing to 22 million in 2008 and plunged to $20,360,000 in 2009 (Financial Highlights,2009). Revenue had increased as well from 2005 until 2009 with the largest increase from 2007 to 2008 with an almost eight million dollar increase going from $51,122,000 in 2007 to $60,420,000 in 2008. The net income for Microsoft although considerably higher when compared to the 2005 figure of $12,254,000 did dr op in 2009 to $14,569,000 that was a three million loss compared to 2008 (Financial Highlights, 2009). Microsoft will only do as well as there are customers to purchase their products. Additionally, Microsoft has to keep close

Social Issues and its Effects in Mahesh Dattanis Tara free essay sample

SOCIAL ISSUES AND ITS EFFECTS IN MAHESH DATTANI’S â€Å"TARA† Mahesh Dattani, the writer of the play Tara is an actor, playwright, dancer, director, teacher and screenplay writer. Dattani has won prestigious Sahitya Akademi Award for his play†Final Solutions† and that play deals with Communalism. Mahesh Dattani is a spokesman for all the marginalized people. The play â€Å"Tara† was first performed as â€Å"Twinkle Tara† at the Chowdiah Memorial Hall, Bangalore, on October 23, 1990. Tara is a play which exposes the current social issues such as Gender discrimination, Ethical deterioration of medical Profession, female infanticide and money and property minded society†¦ We can see the results of this corrupted society in this play itself. Tara and Chandan are conjoined twins. They are joined at the hip and have to be separated surgically. In the three months they need an operation in order to get separated. They have got only three legs and the blood supply to the third leg is from Tara’s body. We will write a custom essay sample on Social Issues and its Effects in Mahesh Dattanis Tara or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Injustice and discrimination starts here. Though the girl has bright chances, she is denied of the leg as she is a female. Mother and grandfather with the influence of politics manipulated the operation to favour the boy [Chandan] over the girl [Tara] by giving two legs to the boy to make him perfect. Unfortunately, chandan had two legs only for two days which would have been Tara’s if it was operated correctly. From the very birth, girl children are discriminated as they are female. Parents fail to give proper attention to the girl children. They consider male as superior to female. It is so sad that even the female characters itself involve in discrimination i. e. her own mother Bharathi. How can a mother differentiate her own children who are born from her own womb? Bharati’s father has willed more money and property for Chandan but not for Tara. Both are his grandchildren but nothing is given to Tara. Patel plans to send his son to London and educate him but he does not have any plans to Tara though she is smarter than Chandan. Right from the beginning we can see the difference between male and female. Like, in first scene Bharati has finished her pooja, and Patel is getting ready to go to work. These are stereotypical gender roles and Dattani makes full use of them. Another example is when Tara explains to Roopa about the conversation between father and son, â€Å"The men in the house were deciding on whether they were going to go hunting while the women looked after the cave†. This describes us that Men are meant to go out and wherein a woman is to sit at home and look after household things. Tara is very smart girl; smarter than her brother Chandan. Tara always used to win in the cards game. Not only that when Patel calls Chandan to engage his holidays in his office, Chandan disagrees and tells his father that he would come only if his sister comes with him to office. When his father calls him he tells his father that he would take Tara with him as she will become a great business woman. The lines are† You can take Tara. She’ll make a great business woman†. Tara has very high ambition in her life. We can see this from her words. TARA. Oh! What a waste! A Waste of money . Why spend all the money to keep me alive? It cannot matter whether I live or die. There are thousands of poor sick people on the roads who could be given care and attention, and I think I know what I will make of myself. I will be a carer for those people . I - I will spend the rest of my life feeding and clothing those. -starving naked millions everywhere is talking about. May be I can start an institution that will - do all that. Or I could join Mother Teresa and sacrifice myself to a great cause. That may give purpose to my existence . I can do it . I can do it , can`t I ? I will be very happy if I could , because that is really what I want . That is really [with emotion]. Oh! , bullshit! I don`t care . I don`t care for anyone except mummy! Her words describe her very bombastic work she is going to do in future. There are few people who come forward to help poor and needy people who need love and care. Instead of all her illness and weakness, she utters those words. This proves that she has very high will power and ambition. If her parents have given her moral support she would have shone like a star as her name describes. If she has given the opportunities she would have dazzled the whole world. When Chandan asks his mother about her plan in Tara’s life. She tells him that she plan for her happiness which is not appropriate. His father also does not have any plan for Tara. We cannot leave girls who have high ambition as it is; instead we should motivate them and give them moral support. If we give importance to girls then for sure our country will become one of the developed nations. Not giving preference to girls is like not giving preference to half of the world. If we unite hands together and work surely we will get rewards for our works. Dattani portrays the money minded society through Dr. Thakkar. Dr. Thakkar is the famous doctor of that period in separating conjoined twins through surgery. We consider Doctors as ‘God like’ but we see corruption exists in their area also and they are also money minded. Dr. Thakkar has agreed to favour boy child as Chandan’s grandfather promises to give him a land in the main town of the city. He also used his power of politics to do this injustice. But the third leg was useful to the child only for 2 days which would be Tara’s. From this we can see the ethical deterioration of medical profession. All the good values in this world are lessening day by day. Days have come, when we have money we can achieve anything. We can see a thread of female Infanticide in this play. In Roopa’s conversation we can come to know that on those days Patel families used to kill the female infanticides. Many parents consider their girl children as burden because of dowry and other things. On those days many girl children are killed by their own parents. This corruption is still happening in the current society. As a result of this, female birth rates are lessening and female babies deaths rate are rising. As a consequence of this partiality and injustice, Both Tara’s mother Bharathi and her brother Chandan suffers from guilt. Guilt torments them a lot. Bharathi is unable to come out of the guilt and so she tries to compromise his wrong deeds by showering lots of love upon her daughter Tara. She even comes forward to donate her kidney to her daughter. But in between these actions she becomes mentally ill and so admitted in the hospital and at last faces pitiable death. His father calls Chandan for the death of his mother but Chandan hates his father and does not go to the death as he lost all loved ones. Chandan, her brother also suffers from guilt and so he confesses like this in the below lines. â€Å"Forgive me, Tara. Forgive me for making it my tragedy. † As Tara doesn’t get good attention and care, she also faces pitiable death. Thus the whole family ends in a tragedy. Dattani very clearly and beautifully has brought many of the social issues and its consequences in the play Tara.

Information Technology in Fedex

Executive summary This report investigates the current information technology systems being used by Fedex Corporation and evaluates the effects of the adoption of these systems on the performance of the company in terms of productivity and profitability. The investigation has been carried out through evaluating the information systems that the company has adopted over the years and the benefits that have been derived from the use of these systems.Advertising We will write a custom research paper sample on Information Technology in Fedex specifically for you for only $16.05 $11/page Learn More The annual expenditures of the company on IT systems have also been presented by use of a graph.  The investigation reveals that the company has been using various information systems and is in fact among the industry leaders in terms of IT use. Comparisons with the industry leader i.e. UPS have been carried out and conclusions have been drawn. Introduction Fedex Corporation is a US Multinational courier services Corporation. The company was incorporated in 1997 and has its headquarters in Memphis, Tennessee. The acquisition of Caliber Systems Inc, another US company, by Federal Express in 1998 resulted in the founding of Fedex Corporation as is known today.  After the acquisition of Caliber, the company introduced new business services. These were an addition to the existing express shipping line of operation. The company’s services portfolio include transportation services, business services and e-commerce services and are available to customers across the globe. The company records annual revenues in excess of $43 billion and employs more than 300,000 team members (Fedex, 2013). Use of IT in Fedex Over the years, the company has been experimenting with new information systems. For example, in 2010, the company introduced a system that sought to expand its capabilities to carry out frozen shipping activities in the life sciences s ector. Using the new and improved technology makes sure that products being shipped remain in frozen conditions for a longer period of time. This is normally not the case with dry-ice shipping which, in most cases, requires re–icing of products while they are on transit. The company also carried out a complete overhaul of the online tracking system by installing an advanced system that improved the visibility of ships while on- transit using the web and computers. Another major technological advancement associated with the company is the use of a new and improved avionics system for their aircraft. This system is expected to improve the efficiency of the aircraft during takeoff and landing (Avnish, et al., 2010).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Productivity in Fedex Productivity can be defined as the average measure of the production efficiency of a company ( Griliches Jorgenson, 1966). It is the ratio of the output from production to the input used in the production process (Balk, 1998). Productivity and IT services at Fedex For Fedex and the courier services industry in general, there are various attributes that can be used to measure the overall productivity of the company. These attributes may include the organization and management of inventory, well monitored delivery schedules and timely delivery of shipments. The measures of productivity mentioned above do not only represent the achievement of labour productivity in the company but also represent the profitability of the entire company. This is because efficiency leads to improved performance and profitability. A business transaction in a courier service company like Fedex commences when a prospective customer places an order for delivery services with the company. In such a case, the reputation of the company in terms of success and efficiency in delivery is determined by how t he company goes around executing the transaction. Some of the useful measures of efficiency include accuracy, dependability, and on- time delivery of the parcel or shipment. Such a reputation attracts more customers to the company and therefore increased business opportunities. If the company continues to deliver services to the satisfaction of their customers, then, the company builds a strong reputation and brand name. Satisfied customers are therefore expected to rely on the company for courier services even in future. Building customer trust and confidence through optimal service delivery ensures retention of customers and therefore profitability of the company in the long run (Bartelsman Mark, 2000). Conclusion In conclusion, it is evident that Fedex Corporation continues to perform well and position itself competitively in the courier services industry. However, the company is behind United Parcel services (UPS), the industry leader in the US, in terms of the adoption of adva nced information technology and in terms of performance in general. The good performance is attributed to the use of advanced information technology systems by the company leading to improved productivity and efficiency (Alghalith, 2005). Appendix Expenditure on New technology and other investments by the company in Millions of USDAdvertising We will write a custom research paper sample on Information Technology in Fedex specifically for you for only $16.05 $11/page Learn More References Alghalith, N. (2005). Competing with IT: The UPS Case, Journal of American Academy of Business, Cambridge, 7(2), 7-15. Avnish, C., Satyendra, S., Ankur, J. Rajeev, K. (2010). High-Tech Courier Services as an E-Courier services in India Prospective, Report and Opinion, 2(5), 25-28. Balk, B.M. (1998). Industrial Price, Quantity and Productivity Indices: The Micro-economic Theory and an Application, Boston: Kluwer Academic Publishers. Bartelsman, E. Mark, D. (2000). Und erstanding Productivity: Lessons from Longitudinal Micro-data, Journal of Economic Literature, 38(3), 569-594. Fedex, (2013). Company Overview. Web. Griliches, Z. Jorgenson, D.W. (1966). Sources of Measured Productivity Change: Capital Input, American Economic Review, 56(2), 50-61.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This research paper on Information Technology in Fedex was written and submitted by user Kyla Burt to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. 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