Compensation and Benefits in PAC Resources Inc Research Paper

Compensation and Benefits in PAC Resources Inc - Research Paper Example The merit bonus system was implemented in the organization so as to enhance overall creativity and innovation. It can be stated that this system was a key driver in context of organizational productivity. Bonuses in PAC was considered equivalent to compensation given to employees (Gusdorf, 2011). Though it was a method to achieve better results but there is no such return observed on the investment made by the firm towards such bonus system. This system can be improved by reducing the bonus amount and making the entire system centered towards high level of performance. A reward system in any organization needs to be motivating as it is the only factor which can increase the level of performance of employees. There are various ways to make a reward system motivating such as designing a system which will not discriminate amongst employees and benefits will be provided to those who have set desired level of performance. The entire system can be divided into multiple components where not only top level performers will be rewarded but even those will be given rewards who have tried to achieve desired performance level. Along with this the entire approach should be focused towards giving appraisals as well as monetary rewards since both of them are highly motivating factors. In an organization where bonus system is a common factor and is implemented from many years, in such a scenario lot of conflict arises when such a system is discontinued. The first consequence is that employees start to lose their motivational level. This lack of enthusiasm has a great impact on overall productivity of the organization. Secondly, it even initiates negativity in the workplace as employees begin to feel that their pay is being cut by the management. This reduces the percentage of extra effort which was previously given by employees. Â  

How does consumers' perception influence brand equity Essay

How does consumers' perception influence brand equity - Essay Example Advertising and marketing is all about conveying a single, unified message down to the target audience in a manner which meshes along well both with the client’s budget as well as the aspirations and expectations of the people for whom the brand is being marketed or advertised. It is formed on the basis of psychological and physiological movements which are studied by the advertising and marketing people so that the client (the company people) also remain happy and their business flourishes in the longer run. However, to get this very message down to the intended people is not an easy job to start with. It needs to be very targeted, precise and significant for them in order for them to take notice and understand that the particular brand connects with them in the best and most easiest of manners possible and hence they should be the ones to buy it for themselves and for this reason satisfy their need or even please themselves more than they had already expected.It is a sure to ugh job for the people who have to extract the perfect message which needs to be sharpened again and again before it actually gets down to the right kind of people who will make the actual purchase and therefore the product will be sold in the end. However, on the flip side of the coin, this requires selling the product or the brand in the mind of the consumer before he actually decides to go and buy the very same. This is refereed as the pre-selling stage and advertising has got a lot to do with it.

Ethics in Criminal Justice Essay Example | Topics and Well Written Essays - 250 words

Ethics in Criminal Justice - Essay Example The prohibition of such punishments was influenced by the need to make punishments more rational and â€Å"less painful†. In a case involving the United States and Weems in 1910, a US court ruled that sentencing the convict to 20 years chained imprisonment for giving false testimony amounted to a cruel and unusual punishment. Lionel Tate was accused and initially sentenced for killing Tiffany Eunick in cold blood, callously and indiscriminately an in a cruel manner. The court in its decision sentenced Tate to life imprisonment after considering the evidences presented before it. Even though the defendant later appealed on several bases and was finally set free, the juvenile could be charged for aggravated child abuse, felony murder, premeditated murder, and for giving false testimony (Findlaw.com, 2003). Tate testified to the effect that he accidentally picked Tiffany and knocked her on the table although it is clear that the injuries that the latter sustained were graver than those which could be inflicted through such an action. The defense to these charges would be to claim that Tate did not understand the consequences of his actions due to mental incompetence. Tate being subjected to life imprisonment was a clear act of cruel and unusual punishment given that he was a juvenile and was supposed to be dealt with as such. Instead, he was sentenced more like a competent adult – an act which was quite irrational. Alex and Derek King were charged for conspiring to murder and murdering their further in cold blood. Apart from committing murder, the two brothers ought to be charged for committing an act of arson as they set their house ablaze after committing the first crime (CNN, 2002). With two mutually exclusive judgments arising from the evidences given by Alex, Derek and Chavis, it is almost certain that the parties could have given false testimonies to the

Regulatory bodies are best placed to secure environmental protection Essay

Regulatory bodies are best placed to secure environmental protection Discuss - Essay Example The compliance assurance features of better regulation include initiating time limits for regulatory decision making, minimising the onus of paperwork by substituting to self-reporting and enhanced overseeing of compliance monitoring activities so that business assigns minimum resources and time to inspection by government authorities. The UK government so as to overhaul its industrial pollution control system has introduced a new Integrated Pollution Control system (IPC) as early as 1990 through the Environmental Protection Act. The Environmental Act 1995 established the Environmental Agency. (Bohne: 435). Further, the UK government had combined the additional policy objective with its regulatory reform with an aim to regain more influence on European Environmental Regulations. In UK, the Hampton Principles was adopted which outline a regulatory system perused in tune with the requirements of the 21st century where risk assessment will be the foundation for all environmental program mes. Further, the UK government has made public a regulatory code of practice to compel both the local and national regulators to adhere the Hampton Principles. In April 2008, the Regulators’ Compliance Code came into force. Further, UK has also adopted a common framework for evaluating administrative burdens namely the Standard Cost Model. Moreover, the Impact Assessment Guidance issued by the UK Better Regulations Executive needs an evaluation of the â€Å"aggregate annual cost of enforcement of the regulatory proposal. Further, UK government is contemplating to introduce a system of regulatory budgets to minimise the aggregate costs of its new regulations’ adherence cost on the economy. (OECD2009:45). 2. What are the main characteristics of the British system of regulation? What processes are involved? What are its strengths and weaknesses? The UK government so as to overhaul its industrial pollution control system has introduced a new Integrated Pollution Control system (IPC) as early as 1990 through the Environmental Protection Act. UK can be said to be the leader of an integrated pollution control system not only in the Europe but in the whole world. Section 7 (4) & (7) was successfully exported to Europe from UK. As per Emmot and Haigh (1996:305), the IPC concept of â€Å"Best Available Techniques Not Entailing Excessive Cost† (BATNEEC) which was employed to evaluate the emission limit values which reappeared in the BAT specification of the IPPC directive. As per farthing et al (2003:75), the holistic IPC doctrine of â€Å"Best Practicable Environment Option† (BPEO), though not overtly emphasised in the IPPC directive, is mirrored in the regulations of the IPPC directive to accomplish a greater level of safeguard for environment as a whole, and not to shift the pollution from one medium to another i.e. air, water and land through the Art. 9(1) and (3) of the IPPC directive. (Bohne2006:435). UK assumed the leadership role in EU industrial pollution control legislation by exporting the IPC system to Europe. As per Bell and McGillivray (2006:770), UK kept the administrative and legislative upheaval for the transposition of the IPPC directive to a bare minimum. (Bohne 2006:435). EIA – Environment Impact Assessment It is a technique to make us to understand the probable environmental impacts of major projects both the existing and in the development stages also. The regulations and

Strategy Intent Essay Example | Topics and Well Written Essays - 1500 words

Strategy Intent - Essay Example The concept of â€Å"strategic intent† was propounded by Hamel and Prahalad in 1989, which produced rippled effect in the galleries of corporate and strategic management. The over ambition of companies to succeed in all departments of business made them obsessed with the concept of global leadership irrespective of their capabilities; Hamel and Prahalad had given a different name to this desire of corporations to lead worldwide as â€Å"strategic intent†. Different conglomerates phrased their strategic intent like Komatsu gave the title â€Å"Encircle Caterpillar†, Canon initiated â€Å"Beat Xerox†. All these titles show the strategic intent of the companies. Interesting thing perceived in the description of the term by Hamel and Prahalad is elaborating the concept through examples of such companies having a strategic intent. Another important element of the concept is that it is a continuous active management process by corporations with the intention and focus straight on the winning spirit by inspiring employees for attaining targets by communicating with them; it is creating the stimulus for emotional and intellectual exercise to prepare for the future. A comparison between the strategic architecture that Prahalad and Hamel (1990) have discussed in ‘The Core Competence of the Corporation’ with the strategic intent by Hamel and Prahalad (1989) becomes natural. The strategic architecture on the one hand adds new functionalities, new competencies, transformation in current competencies and restructuring of communication with customers while strategic intent is symbolic of the heart of the components of strategic management of corporations. It enlarges to meet the challenges within limited available resources and capabilities. For getting competitive advantage managers are trying different strategies and go to the extent of partnering with

Communication - Upward Distortion Research Paper

Communication - Upward Distortion - Research Paper Example Hence instead of giving accurate information to the top management, employees often pass distorted information to the seniors/boss which often referred as the upward distortion of information in the organizational world. â€Å"It has long been recognized that employees are prone to distort the messages they transmit upwards, with deleterious effects on general climate issues and overall organizational functioning† (Tourish & Robson p.18). This paper analyses different aspects of upward distortion of information in organizational world. Distortion is anything that contributes to alterations in meanings as messages move through the organization. Distortions can occur for a variety of reasons, due to â€Å"load, message direction, channel usage, and the very composition of the [communication] networks themselves. It is no exaggeration to say that distortion is inevitable and unavoidable (Durden) As mentioned earlier, information is always passing from bottom to top (from employe es to management) and from top to bottom (from management to employees) in an organization. Moreover information exchange can take place horizontally also (between the employees). ... When the employees distort some information while communicating with their employers; it is termed as upward distortion. Same way while employers distort some information, it is termed as downward distortion. â€Å"Distortion of upward communication negatively related to the level of security and positively related to achievement needs; also positively related to the heteronomous organizational climate and negatively related to an autonomous climate† (Athanassiades). In other words, whenever an employee feels insecurity in passing certain information to the top, he will try to distort or twist it. Same way, whenever an employee likes to get some benefits from the organization, he will try to distort the information. Distortion of information occurs when the employees or the employer wants to protect their interests. For example, suppose a sales executive was heavily criticized by an important client of an organization for the delayed delivery of a product or service. In such c ases, the executive will never pass such information to his manager or boss. In other words the fear of consequences forced the employee to distort the information. He will inform his manager that the client was extremely satisfied by the product or service delivered. He will never say anything about the delays caused in the delivery and the subsequent unhappiness developed by the client. If the executive passes the information about the delayed delivery of the product or service to his manager, he will sometimes get punishments from the top. At the same time, if the executive was ready to provide such information, the manager could have taken measures to cool down the temper of the frustrated or unhappy client. It is quite possible that the client may rely on other product or service providers

Which factors influence students self-efficacy with regard to their Research Proposal

Which factors influence students self-efficacy with regard to their academic performance - Research Proposal Example Therefore, self-efficacy in academic performance would refer to the confidence that individual students have on academic issues that allow them to be successful in academic endeavours. Most researchers would agree that there are several factors that have a direct influence on the efficacy of students but these would highly depend on the cultural fits that happen in the educational system and curriculum. The idea of self-efficacy does not just come by chance to the involved victors but there is always a great deal of hard work that aims at maintaining the faith to get the high levels of educational success (Bandura, 1982, p.126). This proposal will seek to provide a base for justification of the fact that self-efficacy has a direct impact on academic performance of students that are involved in an academic program that is on distance basis. In-view of this, it will provide background information about the genesis of self-efficacy in students before embarking on plot development. Backg round of the Study The importance of efficacy is gaining acceptance with every passing day. From a psychological point of view, self-efficacy is a creation from the theories of efficacy as brought forward by Bandura. Self-efficacy is about inclusiveness. This inclusiveness is about the end result. It is an issue that started long ago but Bandura (1977) indicated that here are very important sections of personality that will render the effects effective with the final impact of motivation for student success. The areas that are aimed at being promoted are in accomplishments of performance, verbal and emotional arousal and vicarious experience. To cement the value of self-efficacy in the development of motivation of students therefore, there will be an objective and analytical view of four key issues. These issues will represent the objective of statement question in which case there is need to link self-efficacy and student academic performance in the post graduate case as indicated (Banduras, 1977). Factors Influencing Students Self-Efficacy Self-efficacy is influenced by a collection of very strong factors that influence the total personality of an individual. Experience or "Enactive Attainment† Experience is a very determining factor when it comes to issue of self-efficacy. Dissects (2012) dissects experience as immediate and former. In both cases, it has far reaching effects on the behaviour and confidence of the students and their eventual success. Postgraduate education requires a high sense of risk taking through project and online submissions. This is to say that there is a risk that is taken but the success of previous students may inculcate confidence in the current group. In this case, strong efficacy is generated through such former success by the current students. In vicarious experience, there is a situation in which students watch others handle very complex experiences and succeed which helps them hope for the same (Yao, 2007, p. 6). This p ositive show is enhanced through modelling, performance exposure, performances that are self-instructed as well as performance