...providers and seem to be very popular with the people enrolled in these programs. These are also known as health reimbursement accounts, health savings account and the like, are components of ways for individuals to allocated funds (Wikipedia, 2011). Funds are deducted from your weekly paycheck and may be used to pay for out-of-the pocket expenses. These funds are tax deductible and “pre-tax” dollars are a benefit to people. Flexible Benefit Program What is a flexible benefit program? A flexible benefit program is a program that allows eligible employees to choose and pay for benefits such as medical insurance, life insurance, short and long term disability, out-of-pocket medical expenses, child care or even adult day care. These benefits are paid for out of their pre-taxed income. One benefit for an employee who takes advantage of a flexible benefit program is that the insurance and other benefits that they contribute to are usually of a better quality than what they could purchase on their own. This is because the company that is going to supply these can get a better price and better benefits for a larger group, such as the company they are working for. If a person were to go out and try to get the same benefits on their own they would be so expensive that the average person more than likely would not be able to afford them. When an employee pays for these benefits with their pre-taxed income they actually end up paying less in taxes. According...
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...RE: Wolfowitz and Riza at the Wold Bank Facts of the case are that Wolfowitz and Riza were together every step of the way. They were in a relationship before he joined the Wold Bank. Universal Banking Laws suggest that people in high ranking positions cannot have their relatives or spouses in the same company as this increases the risk to the organisation. Wolfowitz wanted to have his cake and eat it too In the Board Room and in the Bedroom. He decided to come out clean in the beginning and disclose of his relationship with Ms Riza, just to see what the board would suggest. The board suggested that he transfer Ms Riza to a position outside his influence. Wolfowitz directed the VP - HR to transfer Ms Riza, increase her salary to an amount above and beyond those of others employees and even seeing to it that the terms of her position be changed after he was no longer with the organisation (Planning and Intent). This was highly unethical for Wolfowitz to do, for HR to comply and for Ms Riza to accept. This is an ethical offence only in countries that have Laws against them and the Resources to enforce them. But in the REAL world and thats how most Corporate Big wigs and Government officials Roll...... Ref:http://articles.timesofindia.indiatimes.com/2007-04-14/us/27870120_1_shaha-riza-bank-employees-riza-affair http://www.dailymail.co.uk/news/article-454960/White-House-defends-Wolfowitz-He-ousted.html http://gulfnews.com/business/banking/world-bank-promises-quick-action-on-wolfowitz-scandal-1...
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... | | | |THESIS | | | |ON | | [MARKET POTENTIAL OF TATA AIG LIFE INSURANCE IN GWALIOR] | A report submitted in partial fulfillment of the requirements of THE MBA PROGRAM (The Class of 2010) | | SUBMITTED TO SUBMITTED BY DR. SANJAY SHRIVASTAVA AMIT KAPASIYA CAMPUS HEAD 8NBGR024 INC GWALIOR MBA (2008-10) MR. K.S. RATHOR FACULTY SUPERVISOR INC GWALIOR CERTIFICATE This is to certify...
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...INTRODUCTION: Financial institution that specializes in services such as acceptance of bills of exchange, hire purchase or installment buying, international trade financing, long-term loans, and management of INVESTMENT portfolios. Merchant banks also advise on (and INVEST own funds in) acquisitions, mergers, and takeovers. In the US, a merchant account provider is sometimes called a merchant bank. The Notification of the Ministry of Finance defines merchant banker as ³Any person who is engaged in the business of issue management either by making arrangements regarding selling, buying or subscribing to securities as manager-consultant, advisor or rendering corporate advisory services in relation to such issue management. In the words of Skully A Merchant Bank could be best defined as a financial institution conducting money market activities and lending, underwriting and financial advice, and INVESTMENTservices whose organization is characterized by a high proportion of professional staff able to able to approach problems in an innovative manner and to make and implement decisions rapidly. A merchant bank differs from a regular investment bank as it generally deals in the commercial banking requirements of international finance as well as stock underwriting and long-term corporate loans. A merchant bank is known as a wholesale bank and isn't used by the general public. Most merchant banks deal with large corporations as well as with other merchant banks, large financial...
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...: Sushant Mishra Mr. Mourya Banerjee KBS, Bbsr Territory Head-North East Digilink. KRUPAJAL BUSINESS SCHOOL, BHUBNESWAR (2009-11) ACKNOWLEDGEMENT I express my sincere gratitude to Prof.Sushant Mishra,who was initially my faculty guide, under whose supervision has helped to clarify my concepts of Inventory Management, distinguished scholars and authors, whose work I heve used in this project. I would also like to thank to Prof.Biplab Biswal No words of appreciation are good enough for the constant encouragement, which I have received from him. I thank Mr.Anshuman Haldar(Regional head-East) for his unstinted support to the project. Finally, I would like to thank Mr.Mourya Banerjee (Territory head-North East),my company guide to give the opportunity to complete the project in the esteemed organization. Preface As a part of the partial fulfillment of the PGDM programme at Krupajal Business School (Bhubaneswar), Summer Training was undertaken with the networking company, DIGILINK, kolkata(Golpark). This project is specially designed to understand the subject matter of Inventory Management of the company. This project gives us information and report about company’s...
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...Table Of Content TOPICS | REMARK | Acknowledgement | | Objective | | Executive Summary | | Introduction | | ICICI Bank | | Yes Bank | | HSBC | | SBI Bank | | HRIS | | ICT | | Role of Banks in India | | Recommendations | | Conclusion | | Bibliography | | Objective: The objective of this report is to study the banking sector in the Indian Economy on a global perspective. In this we have tried to study the different aspects of the banks. Here in we have considered 4 banks, namely SBI, ICICI, HSBC, Yes Bank. Research Methodology: The research methodology that we adopted was a dual one:- Primary Research Under Primary research we visited the banks, collected data directly from the respected persons and analysed it. Secondary Research Under Secondary Research we took information from the Internet, Books. INTRODUCTION Banking in India originated in the last decades of the 18th century. The first banks were The General Bank of India, which started in 1786, and Bank of Hindustan, which started in 1790; both are now defunct. The oldest bank in existence in India is the State Bank of India, which originated in the Bank of Calcutta in June 1806, which almost immediately became the Bank of Bengal. This was one of the three presidency banks, the other two being the Bank of ombay and the Bank of Madras, all three of which were established under charters from the British East ndia Company. For many years the Presidency banks acted...
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...Glass Door Comments BlackBerry Reviews Updated Dec 11, 2013 All Employees Current Employees Only 3.4 796 reviews 57% of employees recommend this company to a friend 796 Employee Reviews Bottom of Form Review Highlights Pros: * "Great environment combined with a perfect work-life balance" in 49 reviews * "Great work environment/culture which makes it a fun place to work" in 45 reviews * "Good benefits; Good company to work for till profits started to slide off" in 36 reviews * "Lots of great people at the company, learned a lot and inspired my career in technology" in 33 reviews * "Good pay, great management, I felt like the work I was doing was important for the company" in 30 reviews Cons: * "No work life balance, limited career advancement, lack of good benefits of tech companies" in 20 reviews * "Senior management (C-Level) does no communicate down to employees well" in 27 reviews * "Poor management decision making processes - not innovative" in 18 reviews * "Upper management doesn't listen to people lower down that actually know what they're talking about" in 15 reviews * "Many bad/useless middle management built up over the years but the layoff did some clean up" in 13 reviews Reviews Dec 8, 2013 “Loved the company and the people.” Software Development Manager (Former Employee) Rolling Meadows, IL I worked at BlackBerry full-time for more than 5 years Pros – BlackBerry was a great...
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