Wednesday, May 6, 2020

Classification Of Employees On The Base Of Quality Of Work...

Classification of LIC Employees on the base of Quality of Work Life The application of factor analysis by principle component method derived Eight factors of QWL, namely, Organizational Climate Culture, Work-Life Balance, Working Environment, Welfare Measures, Compensation of Employees, Participation in Decision-Making, Opportunity for Growth Development, and Social Relevance of Work. The perception of Employees over these 8 factors is classified into heterogeneous groups through k-means Cluster analysis. The results of Cluster analysis are presented below. Final Cluster Centers QWL factors Cluster 1 2 3 Climate 3.83 4.19 3.20 WLB 3.59 3.96 2.70 WE 3.77 3.98 2.92 WEL 3.47 3.65 2.87 COM 2.91 3.63 2.32 PAR 2.30 3.62 1.85 OPP 2.87 3.80 2.22 SR 4.10 4.30 3.63 From the above table, it is found that the sample frame is divided into three groups. From the above table, it can be concluded that the First Cluster Respondents are moderately agree for Organizational Climate Culture, Work-Life Balance, Working Environment, Welfare Measures, Compensation of Employees, Participation in Decision-Making, Opportunity for Growth Development, and Strongly agree for Social Relevance of Work. First cluster employees are society oriented employees. Therefore, this Cluster is known as Saturated Employees. Second Cluster Respondents are strongly agree for Climate and Social Relevance But Moderately agree for other factors. i.e., Work-Life Balance, Working Environment,Show MoreRelatedJob Satisfaction Level Of Hourly Tipped And Non Tipped Employees Essay881 Words   |  4 PagesThe purpose of this study is to determine the job satisfaction level of hourly tipped and non-tipped employees what indirectly plays the significant role in productivity. Hence the questions this research seeks to answer are: 1. What inspires the motivation of the employees? 2. Does the level of duties have a relationship with the motivation of the employees? 3. How is performance pay associated with employee motivation? Organization Background The Indochine Kitchen is a fairly new organizationRead MoreWeek 3 Team Assignment Essay1483 Words   |  6 Pagesand engage employees is also discussed in this paper. Laws related to the benefits and pay program are outlined and examined in detail. Market Evaluation. Companies who are comparable to Landslide Limousines in Austin, Texas offer health benefits that cover 80 percent of employee’s premiums for individual policies and 65 percent for family policies. The cost for benefits packages include health insurance, and a retirement plan that includes health savings accounts that allow employees to depositRead MoreCompensation and Benefits1695 Words   |  7 Pagesemployee retention. Firms must develop and offer exceptional compensation and benefit programs to attract and retain the best and most talented employees while making them feel proud, valued, and as appreciated members of the organization. An organization’s fundamental purpose and objective of compensation is to provide appropriate and equitable rewards to employees at a level that matches their skills, abilities, and contributions to the organization (DeNisi, Angelo S., Griffin, Ricky W. 2008, p. 284Read MoreLeadership Initiative : Workforce Diversity Management996 Wo rds   |  4 Pagesoverseeing various workforce, the leaders have to communicate. The changing workforce is one of the difficulties confronted by associations in the later past and most organizations are not giving administrations to the extent workforce differing qualities is concerned (Wentling, 2000). Extra advantages are likewise acknowledged when the administration of a firm is various. Powerful techniques for initiative improvement can upgrade hierarchical efficiency, productivity, and responsiveness to performanceRead MoreWorking Time and Agreement Essay2020 Words   |  9 PagesTHE LABOR AGREEMENT BETWEEN QUALITY FURNITURE MANUFACTURING COMPANY (QFM) AND INDUSTRIAL WORKERS UNITED (IWU), AFL-CIO This agreement is entered into on March 17, 2012 by the Quality Furniture Manufacturing Company (QFM), located in St. Louis, Missouri, and Industrial Workers United (IWU). This agreement covers employees at the St. Louis plant only. Article I—Recognition The company recognizes the IWU as the sole and exclusive collective bargaining agent in all matters pertaining to rates ofRead MoreThe Theory Of Motivation And Motivation1401 Words   |  6 Pagescrucial to understand motivation and the factors that cause it since it contributes to achievement of one’s goal and desires in life. Therefore, motivation can be described as the process of enticing an individual through a reward to increase the occurrence of a specified behavior in an organization. Different factors can be used as motivators in an organization, for example, quality payment, promotion and good interpersonal relationship. Different schools of thought explain motivation in different perspectivesRead MoreSupply Chain Is Far And Away Your Most Effective Customer Service Tool1356 Words   |  6 Pagescan be determined, corrective action is then taken† (Stevenson, 2015, pp 35). Wegmans’ Meat Department. The meat department is run by employees who have completed training at Wegmans’ â€Å"Meat University.† Each employee is trained and educated in specific cuts of meat and can give knowledgeable pairing recommendations for the meat they are selling. By training employees in this way, Wegmans is setting the store up for successful sales; customers will trust the information provided by the staff and evenRead MoreEthics and Ceo Pay1403 Words   |  6 Pages Chief Executive Officer pay in the United States has risen dramatically. In the past three decades the salary of a CEO has risen significantly beyond what can be explained by variables such as firm, size, performance, and industry classification (Bebchuk Grinstein, 2005). According to research, the CEO pay at the nation’s top 500 largest companies averages about $10.9 million a year. The CEOs are also receiving an additional $364,000 in perks. It was estimated that the average CEORead MoreStrategic Compensation Essay2125 Words   |  9 Pagesthere are a couple of openings in several job classifications. Although hiring is limited at the present time, the owners expect business to pick up soon. When it does, Paul needs to be ready to hire additional workers. Before Paul’s arrival, department managers did their own hiring. Since he arrived, Paul has gradually taken on more of the tasks associated with hiring, and the managers have been ok with this. The main job classification with openings is for machine operator. This isRead MoreMarketing Orientation1036 Words   |  5 Pagesaccordance with the steps included market segmentation, market targeting and market positioning. Marketing Orientation in BMW- The Ultimate Driving Machine BMW started in 1916 as an Aircraft engine manufacturer in Bavaria, Germany. Bavarian Motoring Works shortly named BMW. In 1929, BMW established their car manufacturing company in Bavaria. Then onwards they mainly concentrated in car production sector. More over BMW has the production of aircraft engine and motorbikes. Their products are based on

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.