Compensation

Compensation is an important motivator when looking to achieve desired organizational results. Money is thought of s a powerful motivator, however that only holds for sometime until the next pay increase is due. Compensation strategies reinforce the organizational culture that you desire, this enables the culture where pay is linked to performance. To ensure this process works, it must be reflected in the strategic business objectives. The objectives must clearly be defined, must be communicated as soon as decision has been reached.By doing this proper, the organization can motivate employees and make them want to perform better. CONTENT An incentive plan is defined as a formal scheme used to promote or encourage specific actions or behavior by a specific group of people during a defined period of time. So what are the reasons so many companies would find a need to offer such incentive plans? Some of the top reasons are, for motivation, company morale, company loyalty, increased prod uctivity, increase achievement, reduced absenteeism, reduce company cost, decreased turnover and to create more team work.The organization I am employees with created for both union and non- urn employees an incentive compensation plan. When developing this plan it was to focus on two major points, safety and waste reduction. It was then also decided that a third element would also be counted, improved productivity. In order to receive the incentive there were requirements; you need to be a full time Compensation-Bemires 3 employee, employed for the last three (3) consecutive months and be actively employed at the time of payout, which was quarterly.There are also goals that need to be reached in order to collect the incentive for that portion of the goals. The safety component is that the TRIP (total recordable incident rate) needs to be low. Following the guidelines as noted: Greater than 1. 50 payout was O 01 -? 1. 50 payout is 1% of quarterly wages less than 1. 01 payout is 2% o f quarterly wages As a company this component is important because the safety of the employees is and will always be the most important thing to the company. Their safety should come first not only to Bemires but also to the employees.It was after looking at these aspects that a separate incentive plan needs to be created just for the non-union/salary employees. The SHIP (salaried performance incentive plan) needs to be created for salary personnel of the Bemires Company. It is intended to provide an incentive for employees to perform their jobs at the highest level possible to facilitate achievement of division and Compensation-Bemires 5 the plant goals, contributing to overall profitability.This plan was designed to reward individuals with additional annual cash compensation in recognition of their individual and collective efforts to meet or exceed annual goals. Unlike a merit increase which is an increase to your salary based on demonstrated ability to meet job responsibilities over an extended period Of time, incentive award is based on annual performance, targeting specific areas which may change from year to year. Employees must be regular full time employees, must be active employees t time of distribution.Eligibility does not necessarily entitle a participant to an award and does not constitute an agreement with the company. In making the requirements for this SHIP incentive it will depend on many factors which include, the individual base salary earnings for the eligibility period, normal reward percent, performance rating given by employees superiors, all targets/measurements are meet, and funding scale. The following are the factors to determine each of these. Base salary earnings: amount of pay a participant received throughout the plan year in eligible base earnings excluding all other forms of compensation.Normal award percent: each participant is assigned a normal award percent for his/her position; employees will be notified of this percentage . Normal award: is the base dollar amount of incentive eligible to the participant, it is then impacted up or down by individual performance rating and the results Of the profit and other targets set for the plan year. Individual performance rating (l PR): this will be given by the supervisor and can range from . 500 up to 1 250, the PR should correlate to the overall performance of the Compensation-Bemires 6 employee based on their yearly appraisal.

Outline Types for Research Papers

Outline Types for Research Papers Outline Types for Research Papers Your first step when writing a research paper is the outline. It helps you arrange your thoughts and keeps ideas coherent. Whether the paper is meant to be a lengthy discussion or a short presentation, an outline is a useful guide for the writer. There is no single, correct way to write an outline. The best outline is one you’re comfortable creating and is appropriate for the assignment. Here are some types of outlines for research papers: Informal Outline Starting with an informal outline will help you concentrate and list your thoughts. You’ll discover which points you’d like to emphasize, the details you lack, and how you’d like the paper to look. The informal outline consists mainly of words or phrases, with only bullets or numbers as a format. This kind of outline is especially handy when you’re pressed for time and need to draft something quickly. Formal Outline When writing a more formal or longer paper, or when you have more time to prepare the work, constructing a formal outline is a good idea. You can begin with an informal outline and transform it later With a formal outline, a specific format must be followed. Roman numerals, letters and numbers are used to organize the ideas. The phrase or sentence structure of the main points and supporting points must be the same. Both formal and informal outlines can be further expanded to form topic or sentence outlines: Topic Outline In a topic outline, your ideas and explanations are sorted and distributed into different parts. Each part focuses on a certain topic (written in phrase form), and enumerates the details below. The usual format for topic outlines is Roman numerals for the main points, capital letters for the topics under each main point, and numbers for those under the sub-topics. Sentence Outline The sentence outline presents (in sentence form) the proofs supporting your thesis statement. The summary of the entire research paper is embodied in the sentences of this outline. The main points are labelled with Roman numerals, the supporting points for each labelled with capital letters, and details for each supporting point labelled with numbers. Reverse Outline While formal and informal outlines are created before the actual writing of the paper, the reverse outline is developed when you’re done with an initial draft. It can be used to check: If the draft accomplishes its purpose If all key elements are present If the order of ideas makes sense To create a reverse outline, determine the main idea of each of your paragraphs. When combined, they should form the summary of your thesis statement. Following an outline helps you keep ideas clear and that you don’t neglect any important information. There can be instances when you need to make changes or add to your outline, but your main points should remain the same. If you need assistance drafting any research papers, in Ontario and Canada is available for your academic needs. Our team is committed to helping you compose, proofread, and edit your essays.

Oragan Transplants essays

Oragan Transplants essays Now you have to realize that we are in a no win situation with the issue of organ transplants. It isnt fair, and there is no way we can make it completely fair until there are enough organs available to satisfy the demand for them. Some people are just not going to receive a transplant, and there is nothing we can do about that right now. Dividing people into three classifications, and listing them according to that, will maximize the efficiency by which we distribute our limited supply of organs, and minimize the loses we are incurring because of the organ shortage. Some would say this system is not fair to the people on the secondary and tertiary lists, because if the primary list is big enough to use all of the available organs, then the people on the other lists will most likely die. Well, people are dying anyway while waiting for organs, and yes it is unfair that people have to die, but it is even more unfair when somebody dies who needs a new liver through no fault of their own, and an alcoholic who has boozed their life away, takes that liver and lives. Who in their sober right mind would call that fair? Who has the right to judge which people die or not? You and I are not some god-like figure, so we dont have the right to do that. I would completely agree with these critics about nobody have the right to judge other people, but these lists are not judging anybody. By choosing to participate in certain activities, or not, people are ultimately deciding their own placement on these lists. They arent be judged by anybody, just categorized by their lifestyles. In other words, people would simply be taking responsibility for their actions. If one chooses to get consume large amounts of alcoholic beverages every night until they need a new liver, then that is their own choice, and they should pay the consequences for it. If it means death, so be it. They had their chance with life,...

Greed and Taxation Led to the Fall of Rome

Greed and Taxation Led to the Fall of Rome Whether you prefer to say Rome fell (in 410 when Rome was sacked, or in 476 when Odoacer deposed Romulus Augustulus), or simply morphed into the Byzantine Empire and medieval feudalism, economic policies of the emperors had a heavy impact on the lives of the citizens of Rome. Primary Source Bias Although they say history is written by the victors, sometimes its just written by the elites. This is the case with Tacitus (ca. 56 to 120) and Suetonius (ca.71 to 135), our primary literary sources on the first dozen emperors. Historian Cassius Dio, a contemporary of Emperor Commodus (Emperor from 180 to 192), was also from a senatorial family (which, then as now, meant elite). Commodus was one of the emperors who, although despised by the senatorial classes, was loved by the military and lower classes. The reason is mainly financial. Commodus taxed the senators and was generous with the others. Likewise, Nero (Emperor from 54 to 68) was popular with the lower classes, who held him in the kind of reverence reserved in modern times for Elvis Presley- complete with Nero sightings after his suicide.   Inflation Nero and other emperors debased the currency in order to supply a demand for more coins. Debasing currency means that instead of a coin having its own intrinsic value, it was now the only representative of the silver or gold it had once contained. In 14 (the year of Emperor Augustus death), the supply of Roman gold and silver amounted to $1,700,000,000. By 800, this had dwindled to $165,000. Part of the problem was that the government would not permit the melting down of gold and silver for individuals. By the time of Claudius II Gothicus (Emperor from 268 to 270), the amount of silver in a supposedly solid silver denarius was only .02 percent. This was or led to severe inflation, depending on how you define inflation. Especially luxurious emperors like Commodus, who marked the end of the period of the five good emperors, depleted the imperial coffers. By the time of his assassination, the Empire had almost no money left. The 5 Good Emperors Leading to up Commodus 96 to 98: Nerva  98 to 117: Trajan  117 to 138: Hadrian  Ã‚  138 to 161: Antoninus Pius  161 to 180: Marcus Aurelius177/180 to 192: ​Commodus Land The Roman Empire acquired money by taxation or by finding new sources of wealth, like land. However, it had reached its furthest limits by the time of the second good emperor, Trajan, during the period of the high empire (96 to 180), so land acquisition was no longer an option. As Rome lost territory, it also lost its revenue base. Romes wealth was originally in the land, but this gave way to wealth through taxation. During the expansion of Rome around the Mediterranean, tax-farming went hand-in-hand with provincial government since the provinces were taxed even when Romans proper were not. Tax farmers would bid for the chance to tax the province and would pay in advance. If they failed, they lost, with no recourse to Rome, but they generally made a profit at the hand of the peasants. The diminishing importance of tax-farming at the end of the Principate was a sign of moral progress, but also meant the government couldnt tap private corporations in the event of an emergency. The means of acquiring crucial monetary funds included debasing the silver currency (seen as preferable to increasing the rate of taxation, and common), spending reserves (depleting the imperial coffers), increasing taxes (which was not done during the period of the high empire), and confiscating the estates of the wealthy elite. Taxation could be in kind, rather than coinage, which required local bureaucracies to make efficient use of perishables, and might be expected to produce reduced revenue for the seat of the Roman Empire. Emperors deliberately overtaxed the senatorial (or ruling) class in order to render it powerless. To do this, the emperors needed a powerful set of enforcers- the imperial guard. Once the wealthy and powerful were no longer either rich or powerful, the poor had to pay the bills of the state. These bills included the payment of the imperial guard and the military troops at the empires borders. Feudalism Since the military and the imperial guard were absolutely essential, taxpayers had to be compelled to produce their pay. Workers had to be tied to their land. To escape the burden of tax, some small landowners sold themselves into slavery, since slaves didnt have to pay tax and freedom from taxes was more desirable than personal liberty. In the early days of the Roman Republic, debt-bondage (nexum) was acceptable. Nexum, Cornell argues, was better than being sold into foreign slavery or death. It is possible that centuries later, during the Empire, the same sentiments prevailed. Since the Empire wasnt making money from the slaves, Emperor Valens (ca. 368) made it illegal to sell oneself into slavery. Small landowners becoming feudal serfs is one of the several economic conditions  responsible for the fall of Rome. Resources and Further Reading Barnish, S. J. B. â€Å"A Note on the ‘Collatio Glebalis.†Ã‚  Historia: Zeitschrift Fà ¼r Alte Geschichte, vol. 38, no. 2, 1989, pp. 254-256.  JSTOR.Bartlett, Bruce. â€Å"How Excessive Government Killed Ancient Rome.† Cato Journal, vol. 14, no. 2, 1994, pp. 287-303.Cornell, Tim J. The Beginnings of Rome: Italy and Rome From the Bronze Age to the Punic Wars (c. 1000-264 B.C.). Routledge, 1995.Hammond, Mason. â€Å"Economic Stagnation in the Early Roman Empire.† The Journal of Economic History, vol. 6, no. S1, 1946, pp. 63-90.Heather, Peter. Fall of the Roman Empire: A New History of Rome and the Barbarians. Oxford University, 2014.Hopkins, Keith. â€Å"Taxes and Trade in the Roman Empire (200 B.C.-A.D. 400).† Journal of Roman Studies, vol. 70, Nov. 1980, pp. 101-125.Mirković Miroslava. The Later Roman Colonate and Freedom. American Philosophical Society, 1997.West, Louis C. â€Å"The Economic Collapse of the Roman Empire.†Ã‚  The Classi cal Journal, vol. 28, no. 2, 1932, pp. 96-106.  JSTOR.Wickham, Chris. â€Å"The Other Transition: From the Ancient World to Feudalism.† Past Present, vol. 103, no. 1, 1 May 1984, pp. 3-36. Woolf, Greg. â€Å"Imperialism, Empire and the Integration of the Roman Economy.† World Archaeology, vol. 23, no. 3, 1992, pp. 283-293.

Crisis communications plan Essay Example | Topics and Well Written Essays - 500 words

Crisis communications plan - Essay Example Hence, appointing an experienced Public Relations Officer to take charge of CCP is vital to its success. A good crisis communication plan will contain the following key elements. First, it should have gotten the endorsement of the Director of Communications. Second, it should contain a list of clearly designated employee responsibilities. The information contained in the plan would have gone through verification and clearance checks. It will include a lits of media contact points and also contain details regarding local public health agencies. The plan will clearly identify who the spokesperson is going to be as well as identifying members of the Emergency Response Team. The efficiency and speed with which the crisis is dealt with is in itself a key element (and the first step) of a good plan. Later, the drawn up plans need to be communicated to the stakeholders through proper Public Relations procedures. This usually involves publication and coverage of the crisis in media outlets s uch as newspapers and television stations. In most instances, a crisis situation never gets covered in the media, probably because the story is not newsworthy.

Importance of Intellectual Capital Essay Example | Topics and Well Written Essays - 1000 words

Importance of Intellectual Capital - Essay Example Intellectual capital produces wealth through information technology and also encourages business leaders to become critical analysts of economic trends specially those factors associated to finance, performance management, production, distribution, marketing and other related exchanges in trade flows, investment, and human resource management. It also hastens wise decision-makings on matters affected by political and market behaviours. These days, business enterprises rely on information capital as technologies have elaborately underscored the role of information, knowledge and experiences for economic activities. It’s in this context too that the world’s economy transitioned itself from simple dependency on science and technology to an economic system that considered the production of knowledge as primary factors for business management. Nowadays, intellectual capital is considered as the most valuable asset in this era of information. Business leaders would opt for hu man resources that have strong cognitive skills and the capacity to undertake market research and finance analysis. Moreover, the operation of a corporation require intensive and accurate reporting of all offices or departments to know results and which will form part in the planning for execution, and auditing – processes that are integral to effective corporate governance. Experts opined that investors and information users would certainly delve into the reasonableness of justification, for instance, in accounting information. The latter is needed for financial and operational decision-making which may cover issues on investments, credit, management stewardship, resource allocation and corporate responsibility. Thus, shareholders would demand documented accounting to determine growth, return of investments, risks, capital gain or profit, for stock options or for rewards. For monitoring purpose and management concern, quality accounting information is necessary to ascertain collation, litigation, or political costs, including concern for competitive leveraging. Such wide information is required in managing business to enforce regulatory measures to protect and control business interests. 2. Why investors and other information users search for intellectual capital information from other sources? Investors search for intellectual capital to ascertain that their investments will be managed well. This relates to business sector’s interest to be certain that the company they collaborate or partner with have the capacity to professionally manage assets, real estates, or securities -- which include bond and debt instruments. With financial stability and profits as goals, investors and information users will also be interested that the intellectual capital of the company can wield demanded performance that warrants better if not excellent corporate standing of a company. As such the company will also be evaluating to assess financial viability, to deter mine business leadership and to secure return of investments. Thus, for company seeking more capital investments, disclosure of financial status offers corporate reputation; inspire third party certification that will show its compliance or adherence to legal requirements. A corporation with business integrity could assert corporate control

Technology and the Teacher PowerPoint Presentation

Technology and the Teacher - PowerPoint Presentation Example With every new advancement in technological tools they tend to become even more interactive and attractive for their users. These tools are immensely effective in the classroom. It is expected that each of the tools would enhance the delivery of lecture on the instructor’s side and would enable ease of understanding on the side of the student. Acting as a helping hand for the teacher, these tools aide in delivering the concept with the help of embedded techniques within them that may practically be impossible for the teacher to deliver personally or merely with the use of hand. The speed and flexibility associated with computers enables the representation and comprehension of concepts via digital imaging. The student dragging and clicking the mouse and the digital response that the learning software generates invokes the understanding and responses of the students themselves. The ability to zoom in on images, rotation of figures and embedding of animated characteristic features like avatars etcetera enable imagination of the students to extend way beyond the written text and conventional methods of teaching. The ability of digital tools to scale real world objects into many forms is one of their major advantages. The manner in which digital classroom tools encompass a variety of information within themselves that practically has limitless boundaries enables the transmission of a large variety of information in much less time duration. The plan to manage technology tools like Prezi in the classroom is to use it in combination with the verbal lectures that are directly transmitted to the students. Prezi is designed to be a cloud based software application that enables the creation of presentations on a virtual canvas. As an example a lesson plan about teaching the concept behind â€Å"The Water Cycle† is attached at the following