Managing Employee Retention and Turnover Employee retention has always been an important focus for human resource managers. Once a company has invested time and money to recruit and train a good employee‚ it is in their own best interest to retain that employee‚ to further develop and motivate him so that he continues to provide value to the organization. But‚ employers must also recognize and tend to what is in the best interest of their employees‚ if they intend to keep them. When a company
Premium Human resource management Human resources Labour economics
THE ERADICATION of child labour from our society seems to be a herculean task at this moment. However‚ with determined efforts on the part of both Central and state governments along with the help of various national and international societies‚ it seems that change can be brought about to make everyone believe that children are the treasures for future and they are not born to work; they are born to learn‚ play and enjoy their childhood. My focus on this article is based on a related article
Premium International Labour Organization Childhood Poverty
1. What is Labour Economics? Labour Economics may be defined as a study of wages and employment in the labour market‚ and the distribution of income among individuals and households. Labour Economics looks at * Labour market processes * Size of the labour force * Trade Unionism * Labour Legislation * Factors affecting employment/ unemployment/underemployment * The demand and supply of labour 2. Law of Derived Demand. Explain Marshall’s law of derived demand states
Premium Unemployment Supply and demand Economics
THE IMPORTANCE OF PAY IN EMPLOYEE MOTIVATION: DISCREPANCIES BETWEEN WHAT PEOPLE SAY AND WHAT THEY DO Sara L. Rynes‚ Barry Gerhart‚ and Kathleen A. Minette A majority of human resources professionals appear to believe that employees are likely to overreport the importance of pay in employee surveys. However‚ research suggests the opposite is actually true. We review evidence showing the discrepancies between what people say and do with respect to pay. We then discuss why pay is likely to be
Premium Employment Motivation Attribute
EVOLUTION OF LABOUR LAWS IN INDIA Labour law also known as employment law is the body of laws‚ administrative rulings‚ and precedents which address the legal rights of‚ and restrictions on‚ working people and their organizations. As such‚ it mediates many aspects of the relationship between trade unions‚ employers and employees. In other words‚ Labour law defines the rights and obligations as workers‚ union members and employers in the workplace. Generally‚ labour law covers: Industrial relations
Premium Trade union Law Employment
Location and Structure 2 International Labour Conference 2 International Labour Standards 2 Obligation of Members after Adoption of International Labor Standards 5 Supervision of Application of Ratified Conventions 5 ILO and Mauritius 6 Conclusion 6 References: 7 History Founded in 1919‚ after the World War I‚ the International Labour Organisation is an international institution responsible for formulating and overseeing international labour standard. It became the first specialized
Premium International Labour Organization
Labour Disputes: A look at the TKM unrest Introduction: Toyota Kirloskar Motor Private Limited (TKM) was a joint venture‚ established in 1997‚ between Toyota Motor Corporation (Toyota)‚ Japan’s largest car company and the second-largest car manufacturer in the world‚ and the Kirloskar Group of India. Toyota holds an 89% equity stake and while the Kirloskar Group holds the remaining 11%. Toyota has over 400 acres of land in its Bidadi plant and less than half of the land has been utilised
Premium Trade union Strike action
Mehmet Tolga Konya 9501144216 Motivation in Workplace Motivation is defined as the duration that invoke‚ pathfinder and sustain target-based behaviors. It contains biological‚ emotional‚ social and cognitive strength that effects behavior. Motivation‚ constituent in three major terms. Such as direction‚ persistence and intensity. Terms defined as below; Intensity: How hard a person is trying? Persistence: How long a person keeps on trying? Direction: Invokes the decision to initiate a behavior.
Premium Motivation
Discovering Emotional Labour Emotional work is the control of a person’s feeling in order to display the appropriate emotions to others in different situations (Hochschild‚ 1983: Pg.7). In other words‚ a person has to put aside his or her own feelings and shows the right emotions in the right place at the right time. This concept can be applied to many aspects of our daily life and when used in terms of it being sold for a wage‚ Hochschild (1983) define it as emotional labour. By focusing on the
Free Emotion
USEFUL TIPS ON LABOUR LAWS Composed by P.B.S. KUMAR B.Sc‚ M.A.(PM)‚M.A.(Ind.Eco.)‚MBA(HR)‚BGL‚LLD‚PGDIRPM APPRENTICES ACT‚ 1961 CHECKLIST Object of the Act Promotion of new manpower at skills. Improvement/refinement of old skills through theoretical and practical training in number of trades and occupation Applicability of the Act Areas and industries as notified by the Central Government Sec. 1 Apprenticeship Advisor Central Apprenticeship Advisor – when appointed by Central
Premium Employment