Labour economics

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    Quality of Work Life (QWL) is a philosophy, a set of principles which holds that people are the most important resource in the organization as they are trustworthy, responsible and capable of making valuable contribution and they should be treated with dignity and respect [1]. The elements that are relevant to an individual’s quality of work life include the task, the physical work environment, social environment within the organization, administrative system and relationship between life on and…

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    Introduction: People are the most valuable resource for an organization. They are assets that need to be looked after and invested into. They are the source that make an organization work the way it does and make its function tick. So, in order to achieve standards of efficiency and effectiveness in the competent environment today, it is imperative that the people in the organization perform to their fullest potential. This can only be achieved if they are motivated and hence stimulated to work…

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    The commentary article, “The business case for unlimited vacation” is about a new policy that the author has implemented in his Canadian technology company during the beginning of 2016 in hopes of attracting highly skilled employees. Jeff Booth, the co-founder and CEO of BuildDirect, is providing more freedom to his employees by giving them unlimited vacation. This is an approach to reduce stress among his staff, encourage productivity, and essentially to also keep his current highly skilled…

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    2.1.2 Communication and job satisfaction (Naud. 2002) Communication is a dynamic culture of the organization's in which internal marketing require good performance and satisfaction of job. Dwyer (2005) stated that, communication is described as "the process in which employees give and receive messages within an organization." The study of internal communication is rapidly developing a part of the communication, which is increasing rate of 25-30% in last five years (Donaldson and Eyre, 2000).…

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    Team Building Goals

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    Human Resources are the most vital possession of any organization. They are indispensable in building a working institution. Since employees are considered to be an important asset, it is necessary for any managers to provide only what is best and helpful for its personnel. There are two primary basic goals that need to be fulfilled by any institution to ensure that its workforce will remain to be as valuable assets. The first is facilitating free-flow of communication among them and second is…

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    If you were being inequitably paid in your job, which strategy do you think would be the most helpful to you in resolving the inequity? Inequity in pay happen to be one of the most imperative concerns for both the employees and employers throughout the world. There are times when employees feel that they are disregarded, especially, after putting in meaningful efforts in their performance, which might cause disappointment and eventually aggravation which in the long run might even effect…

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    c. The Occupational Comparison Tool (http://jobs.utah.gov/wi/uocd/dashboard.html) is a unique tool to visualize and compare occupations by wages, employment growth, annual openings, and education. Powered by Tableau, this innovative tool allows users to filter the data/results by keyword, STEM/non-STEM, education requirements, job-training requirements, work experience, and occupational family. d. In response to a request from a DWS Workforce Development Specialist, WRA created Industry Briefs…

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    labor market or continuing education beyond a certain point is a very important individual level investment decision. An important determinant of the demand for education is its expected benefits. The benefits depend upon the value of an individual’s labour input, which in turn depends upon the level of education. Hence, the education-wage relationship can be used to measure the returns to schooling. The rural and urban sectors differ widely in terms of the education and employment…

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    Assignment 1 When it comes to Human Resource Management as I stated in my discussion when I think about Human Resources Management I think about the many roles the personnel has to take on in order to run a successful business the HR team must make sure they understand the laws they must abide by to make sure the business is running smoothly that they provide the right resources for employee. The three items that I find interesting is 1, providing employment opportunity, a safe workplace,…

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    My Personal Strengths

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    As you know, it is becoming increasingly more difficult to stand out and be successful in the professional world. Prestigious internships and jobs are highly competitive, and even some of the most qualified people do not get them. Being able to recognize my strengths will help me to become better at anything I choose to do and achieve my goals. It is necessary that I develop my strengths so I can stand out amongst my peers and excel as an investment banker. According to the Strengths Finder…

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