...calculated in terms of the time and efforts contributed by the employees in achieving an assigned task. Reviews of employee performance taken within an organization are known as performance or employee appraisals. They aim at analyzing employee performance, identifying their potential and inabilities, in order to determine the employee training needs. They also aim at taking decisions about salary revisions and promotions of employees. Ideally, a performance appraisal should give way for an open communication between the employees and their manager or employer. It should provide the employees with the means to communicate their points of view about the organization structure and openly discuss the difficulties they face (if any) at the workplace. Various text...
Words: 2223 - Pages: 9
...line of their companies, improve employee morale, retain employees with valuable company knowledge, and keep pace with workplace trends. This article provides human resource professionals with an historical perspective, data and possible solutions—for organizations and employees alike—to work/life balance. Three factors—global competition, personal lives/family values, and an aging workforce— present challenges that exacerbate work/life balance. This article offers the perspective that human resource professionals can assist their companies to capitalize on these factors by using work/life initiatives to gain a competitive advantage in the marketplace. Work/Life Balance: Challenges and Solutions I n a society filled with conflicting responsibilities and commitments, work/life balance has become a predominant issue in the workplace. Three major factors contribute to the interest in, and the importance of, serious consideration of work/life balance: 1) global competition; 2) renewed interest in personal lives/ family values; and 3) an aging workforce. Research suggests that forward-thinking human resource professionals seeking innovative ways to augment their organization’s competitive advantage in the marketplace may find that work/life balance challenges offer a win-win solution. began to offer work/life programs. While the first wave of these programs were primarily to support women...
Words: 7141 - Pages: 29
...Statement Providing innovative and inclusive strategies that gauge employee desires and needs can be a critical factor in employee access to programs. Ensuring that employees have a clear understanding of program offerings can increase employee productivity, decrease employer health related costs and loss of outputs while increasing the knowledge and buy in of employees. If employees have limited understanding of benefit programs and the programs themselves are obsolete to employee needs and current trends, the sponsoring organization is wasting financial resources and contributing to the potential decrease in employee productivity due to unmet health and wellness related needs. Martocchio (2014), discusses the responsibilities of benefit professionals as providing assistance to employees surrounding education on the various options of benefit programs as well as their need for expertise in designing and administering benefits programs. He further discusses the importance of benefit professionals remaining current on trends and innovative approaches to practices and development of benefit programs. The text additionally states that many employees have minimal understanding of the wordage and regulations attached to the components of the benefits packages. Traditional approaches to developing and marketing health and wellness benefit programs in the organizational culture can prove to be financially costly to employers and unbeneficial to employees. Traditional approaches have...
Words: 2195 - Pages: 9
...Resource Department of Atain Insurance Company (The Company) is requesting a proposal to its Board of Directors to implement an Employee Assistance Program (EAP). The EAP will be offered as part of our comprehensive benefit package to all of its employees and their qualified dependents. An EAP is a confidential counseling service, paid for by the employer that is designed to help employees and family members who have personal problems as well as work problems that can interfere with their work and family life (Attridge, 2010). Employees and family members will be eligible to receive free counseling for (Attridge, 2010): • Stress • Alcohol and drug problems • Legal and financial problems • Emotional problems • Child/Elder care • Grief and traumatic events The objective of the EAP will be to (Attridge, 2010): • Reduce cost of medical benefits • Reduce turnover • Reduce absenteeism • Increase productivity • Improve efficiency • Reduce lost-time accidents • Increase overall wellness of employees We propose to contract this service out to an outside vendor that will be more qualified to handle the counseling. Benefits, implementation and costs of this program will be thoroughly presented within this proposal. Scope What the company would like to accomplish with implementing an Employee Assistance Program is to protect the health and safety of our workforce; attract and maintain talent; and achieve positive financial performance (Christe, Kirkharlow...
Words: 1999 - Pages: 8
...An Employee Assistance Program (EAP) is a service available to all employees at no cost at any federal agency. An EAP support s and assists employees in assessing and resolving their work, health and life issues. It is staffed by professional counselors who will help you address problems that can adversely affect job performance, reliability, and personal health. A counselor will discuss the problem with you and after helping you assess the problem, provide short-term counseling. If needed, the counselor will also refer you to other professional services and resources within your community for further information and assistance. The reasons for why invest in an EAPE are listed in the following points: * Reduce costs related to health care and employee benefits * Solidify your position as an employer of choice; attract and retain talent * Improve absenteeism rates; increase workplace productivity and team environment * Showcase your commitment to your employees by supporting them and their families * Reduce the issue management stress and administrative efforts of Managers and/or Human Resources; let an EAP do the work! All Federal agencies provide Employee Assistance Programs (EAP) for employees. Basic EAP services include free, voluntary, short-term counseling and referral for various issues affecting employee mental and emotional well-being, such as alcohol and other substance abuse, stress, grief, family problems, and psychological disorders. EAP...
Words: 584 - Pages: 3
...MEMORANDUM DATE: November 29, 2010 TO: James Martin, Director of Human Resources FROM: Name, Assistant Director of Human Resources SUBJECT: Wellness Program Recommendations for Technicraft, Inc. Attached is the report on the implementation of corporate wellness programs. Due to rising health benefit costs and a rising number of health benefit claims, you requested that I investigate the implementation of corporate wellness programs as a way to reduce company costs. In order to determine whether it would be possible to improve employee health and lifestyle habits, while also cutting company costs, I analyzed the results that several companies had after launching their own wellness programs. I also considered and researched the potential disadvantages of implementing a wellness program. After a thorough investigation of all of these factors, I recommend that Technicraft, Inc. implement a corporate wellness program in order to improve employee health and productivity and reduce or stabilize company health benefit costs. I have enjoyed researching this topic and would like to meet with you to discuss my recommendation. I will call you early next week in order to schedule a meeting time or you may contact me at extension 5555. WELLNESS PROGRAM RECCOMMENDATIONS FOR TECHNICRAFT, INC. Prepared for James Martin, Director of Human Resources Technicraft, Inc. 4501 West 92nd Street Indianapolis, IN 46260 Prepared by Name, Assistant Director of Human...
Words: 7052 - Pages: 29
...D R BA 2700 Organizational Behavior Instructor: Crystal Kenefic, MBA February 8, 2011 Concepts of Organizational Behavior Business is business, but how you operate your business is the key to success. There are many concepts to Organizational Behavior, but three key concepts must exist and continually be improved. Motivation, workplace stress and leadership exist and must continually be evaluated in every work environment. I chose these concepts because of their interaction with each other. Businesses must know how to motivate their employees. Employees must know who to cope and overcome workplace stress. Leaders must be able to effectively lead their employees. Motivation, workplace stress and leadership are issues that when properly managed can lead to a wonderful work environment for all employees and lead to the success of any company. I am going to examine these key concepts and their interaction with one another in the work place. Motivation Motivation has taken on many forms over time and place. In china, motivation is driven by honor and pride. Historically, the Chinese were born into a class that they could not escape and honor meant more than money. In other countries, motivational techniques took on more of a brutal look. Even in the US, our history shows us that motivation could be boiled down to slavery and the will to survive. Although slavery is now history, motivation both positive and negative still exists. Late President John...
Words: 1449 - Pages: 6
...Seven Categories of Work-Life Effectiveness Successfully Evolving Your Organization’s Work-Life Portfolio • Caring for Dependents • Health and Wellness • Workplace Flexibility • inancial Support F for Economic Security • Paid and Unpaid Time Off • Community Involvement • liciting Management E Buy-In and Transforming Organizational Culture C1 Defining Work-Life Effectiveness Work-life refers to specific organizational practices, policies and programs that are guided by a philosophy of active support for the efforts of employees to achieve success within and outside the workplace. These employersponsored initiatives comprise a strategic framework referred to as the worklife portfolio, a key element of the organization’s total rewards strategy to attract, motivate and retain employees. Career Build Your Portfolio Step One: Assess your present work-life situation It is easy to construct the outline of your organization’s existing work-life portfolio by performing a simple inventory of the policies, practices and programs currently offered within each category of the work-life portfolio. A useful resource for this activity is the Work-Life Audit, available on the Alliance for Work-Life Progress website. www.awlp.org/pub/selfaudit.pdf he term “work-life” refers to the T intersection of self (the worker), career (work), family and community. Self Life Family Community Creating and Sustaining a Successful Portfolio Building...
Words: 3733 - Pages: 15
...Abstract The HR practices of Aflac were examined in the context of its effect on employee satisfaction. In 2015, Aflac made the list of 100 best companies to work for as it has done for the past ___years. The team examined the benefits provided to the employees and the workplace culture at Aflac in order to determine why the organization enjoyed a low-rate of employee turnover and why surveys showed that its employees were highly satisfied with working at Aflac. Aflac “strives to deliver quality services to its 4,500 employees while staying competitive in the insurance market” (Reed, 2015). The team determined that part of the employee satisfaction resulted from Aflac’s decision to not lay off its employees during economic downturns. Furthermore, employees are provided with growth opportunities because Aflac promotes from within. We also explored the salary structure and opportunities to earn a higher income Employees are positively impacted by policies that helps them balance their personal and work lives. Aflac has made it very easy for its employees to have a growing professional life while at the same time, enjoy their personal life. Aflac understands the importance of keeping its employees happy and has implemented policies that pushes the company towards those goals. In return, it has an employee base that considers it a great place to work and who works hard to maintain the company’s positive image to its customers. Introduction For 17 consecutive years...
Words: 3141 - Pages: 13
...A PROJECT REPORT ON “TALENT RETENTION AND EMPLOYEE ENGAGEMENT” FOR RING + AQUA A SUBSIDARY OF RAYMOND LTD. SUBMITTED TO UNIVERSITY OF PUNE IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF MASTER OF BUSINESS ADMINISTRATION (MBA) SUBMITTED BY KAVITA M. PAWAR UNDER THE GUIDANCE OF PROF. AMOL KARE SIR VISVESVARAYA INSTITUTE OF TECHNOLOGY, CHINCHOLI, NASHIK- 422 101. 2012-2013 STUDENT’S DECLARATION I undersigned myself declare that, the project entitled, “ TALENT RETENTION AND EMPLOYEE ENGAGEMENT” is executed as per the course requirement of two year full time MBA program of University of Pune. This report has not been submitted by me or any other person to any other University or Institution for a degree or diploma course. This is my own and original work. Place: NASHIK Sign of student Date: Kavita M. Pawar ACKNOWLEDGEMENT A project can’t be said to be the work of an Individual. A project is a combination of views, ideas, suggestions & contribution of many people. I am extremely thankful to my project guide Prof. Amol Kare who gave me the opportunity to do this project on subject “A Study of Employee Engagement with Special Reference to Ring Plus Aqua Ltd; Sinnar” as a major part of curriculum. I wish to express my sincere gratitude to my Ring Plus Aqua Human Resources & engineering...
Words: 8180 - Pages: 33
...HR From A to Z (Explains over 900 terms) 2006 Web Edition Edited and Compiled by Adnan MBA (Management) This concise HR glossary provides students and HR professionals with definitions and meanings for the terms and acronyms used in the area of Human Resources Management HR Glossary A to Z Dedicated to CiteHR team, and to those HR professionals who aspire to serve the humanity without any discrimination. Edited and Compiled by Adnan, MBA (Management) CiteHR Member -------------------------------PAKISTAN For feedback: hotdesire@gmail.com HR From A to Z 2006 Web Edition ISBN 92-001-7626-0 Disclaimer: Information in this booklet has been compiled from professional sources. While every effort has been made to ensure the accuracy of the information in the booklet, it is possible that errors may still be included. The author do not claim for any perfection whatsoever as to their accuracy or suitability for a particular term, acronym, or definition. © Copy-it-Right: This booklet is provided for personal use only: it can be reproduced, in any form and by any means, without permission from the author as long as you do not make money from it! However, copy it right! Use quality soft colored paper, and be sure not to exclude the authors’ name and the title of booklet. By: Adnan, MBA (Management) Contact: hotdesire@gmail.com Page 2 HR Glossary A to Z Preface Winners never quit and quitters never win. “Vince Lombardi” Knowing...
Words: 22831 - Pages: 92
...HR From A to Z (Explains over 900 terms) 2006 Web Edition Edited and Compiled by Adnan MBA (Management) This concise HR glossary provides students and HR professionals with definitions and meanings for the terms and acronyms used in the area of Human Resources Management HR Glossary A to Z Dedicated to CiteHR team, and to those HR professionals who aspire to serve the humanity without any discrimination. Edited and Compiled by Adnan, MBA (Management) CiteHR Member -------------------------------PAKISTAN For feedback: hotdesire@gmail.com HR From A to Z 2006 Web Edition ISBN 92-001-7626-0 Disclaimer: Information in this booklet has been compiled from professional sources. While every effort has been made to ensure the accuracy of the information in the booklet, it is possible that errors may still be included. The author do not claim for any perfection whatsoever as to their accuracy or suitability for a particular term, acronym, or definition. © Copy-it-Right: This booklet is provided for personal use only: it can be reproduced, in any form and by any means, without permission from the author as long as you do not make money from it! However, copy it right! Use quality soft colored paper, and be sure not to exclude the authors’ name and the title of booklet. By: Adnan, MBA (Management) Contact: hotdesire@gmail.com Page 2 HR Glossary A to Z Preface Winners never quit and quitters never win. “Vince Lombardi” Knowing English language...
Words: 22831 - Pages: 92
...work for in 2011. “This honor puts the focus on our organization’s greatest assets – our people, our culture, and our commitment to innovating in everything we do,” said Hasbro President and CEO Brian Goldner. “FORTUNE’s “100 Best” selection of Hasbro is a great honor and it is particularly gratifying to see and hear about the tremendous pride employees feel about working at Hasbro” ("Hasbro recognized as," 2011). According to the company’s website, some of their employees’ benefits include: “half-day Fridays all year long, tuition reimbursement, discount toys and games at in-house stores, adoption and foster-care assistance, employee assistance program (EAP), health an dependent-care flexible spending accounts, auto-insurance and home-insurance discounts, Hasbro Employees Federal Credit Union, and Team Hasbro Employee Volunteer Program” ("Making you smile:," ). “Hasbro has long been a leader in toys and games and its transformation into a branded play company has been attributed to the company’s ability to innovate and re-invent, re-imagine and re-ignite its world-class portfolio of brands” ("Hasbro recognized as," 2011). “Hasbro was founded in 1923 by Henry and Merrill Hassenfeld. The company originally sold textile remnants. It soon moved into manufacturing pencils and other school supplies; the first toy manufactured by the company was Mr. Potato Head in the late 1940s. Today, a number of well-known game publishers are owned by Hasbro, including Avalon Hill, Milton Bradley...
Words: 1755 - Pages: 8
...chosen directly by management to go and others simply volunteer, much is at stake emotionally and mentally. I will discuss the various problems that are encountered by uprooting the lives of the employees and moving to another country, and more importantly another culture. The largest transitional issue encountered is culture shock. Other concerns include missing family and friends back home, losing out on other employment opportunities, not completing projects due to distractions, and some employees even have to leave their immediate family home, further creating lack of focus. There is an assortment of solutions to these dilemmas, which is why the training programs are so extensive. Training topics include family adjustment, cultural/language, daily life, city specifics, and business life. The training programs will be customized accordingly for the...
Words: 3921 - Pages: 16
...By Nathan Beck Steven Blair Kolena Bowman Keith Strehler Table of Contents Executive Summary Pg 3 History Pg 4 Diagnosing Culture Pg 5 Culture Typographies Pg 7 Company Culture Pg 9 Employee Attitudes Pg 10 Executive Summary The organization being described in this paper is Somerset CPA, which is one of the largest accounting firms found in Indiana. They have been repeatedly awarded for their outstanding work environment throughout the last decade. This company has been constantly improving themselves through there continued efforts to be an important tool for the customers to use. They pride themselves as being a customer oriented company. Through this dedication to the customer the company has gone through extensive expansions to a numerous amount of different account fields in which they can successfully partake in. This paper will describe a variety of different aspects that help to illustrate the type of organization that Somerset is. Some topics being discussed are the history of the company, employee discussions, cultural artifacts, involvement with the community, and more. These different parts all help to define the organizational behavior of the company. According to the Colquitt textbook organizational behavior is the study to defining and comprehending the different entities that make up an organization. By analyzing the company managers are better able to identify what is necessary for change to put into practice the...
Words: 2571 - Pages: 11
