Salary College Essays Samples For Students

Business Research Methods

Introduction
Research methods refer to different ways research is done. Various scholars use research to identify or investigate on given topics or a new event in society. Research techniques are taught in schools and colleges to prepare students to investigate on their needs of topics, as they are prepared into the job market and doing their own investigations. In the light of this essay, questions that relate to research shall be elucidated in brief while doing research in companies.

Discussion

- Applied research is descriptive in nature. It uses the knowledge that one has obtained and applies it. On the ...

In the recent past, many people have been voicing out the need to increase the minimum wage by both the federal and state policies. They argue that, an increase in the minimum wage will not affect the economy negatively as most economists suggests. The article Minimum wage increase would have mixed effects, C.B.O Report Says dated February, 18, 2014 authored by Annie Lowrey in The New York Times clarifies this issues using supported evidences. It explains that, the popular Democratic by proposal that is being championed by Obama to push the minimum wage to 10.10% an hour will create ...

The article by Ike Brannon and Chris Edwards (2009) analyses and criticizes the federal government’s intentions to execute a fiscal stimulus plan to inject $800 billion into the U.S. economy to fuel economic growth. This plan positioned Barack Obama and the key policymakers as the modern representatives of the Keynesian economic views, which appear to be highly controversial from the viewpoint of history and modern economic theory.

The founder of this movement, John Maynard Keynes, actively pushed it in the 1930s. His key ideas implied that massive financial inflows from the government could fuel economic growth through reduction of ...

Commercialism

The ascent of commercialism is a curio of the development of corporate force. It started as a major aspect of a political and ideological reaction by enterprises to wage weights, climbing social consumptions, and the achievements of the ecological and shopper developments in the late 1960s and early 1970s (Cappelli 2014). Organizations encouraged the opposition to expense development and backing for corporate welfare, which helped make subsidizing emergencies in state and nearby governments and schools, and made them additionally eager to convey business promoting. They pushed "free market" philosophy, privatization and consumerism, while slandering general society circle. In the late 1970s, Mobil ...

People work for varied reasons. In contemporary times, most individuals seek employment to support oneself, loved ones, or family members. Thus, the main goal of work is to be compensated. The current essay hereby aims to present a cause and effect discourse on one’s first paycheck. One hereby asserts that the motivating drive to work and be paid is to be able to support oneself in pursuing professional goals and purchasing some personal items that I previously dreamed of. Likewise, the effect of being paid would be the realization of my dreams and being able to spend the amount ...

Economically minimum wage refers to lowest payment index in hourly, daily or monthly that an employee is legally entitled to receive from any given taskforce in an organization. The legislation for the minimum wage was enacted in 1938 and currently being applied in approximately over 90% nations across the globe.
Despite its elaborate application in several countries, the concept has not been fully integrated in the society. Continual friction between the proponents and d opponents is a normal debate across the globe on the erosion of its real value and meaning. To the proponents, they observe minimum wage as a ...

The chief sustainability officer,

Keene Enterprises, Inc.
2456 Prosperity lane,

Boise,

ID 83706

Jim Meyers,

850 Bluebonnet Court,

Eagle,

ID 83616.

RE: A DESCRIPTION OF A CHIEF SUSTAINABILITY OFFICER

Chief Sustainability Officer occupies the highest level of managerial in an organization. This title is assumed by the person in charge of an organizations environmental programs. Their role is to run the enterprise’s sustainability activities. They deliver visionary headship synchronized with administration, shareholders, and workforces to develop and sustain operational policy for sustainability. They are also mandated with the responsibility of strategy formulation and development for the organization.
For one to be a sustainability officer, they need to have acquired a post-secondary training in either a ...

Salary refers to the periodic payments to employees by the employers that are often specified in the contract for jobs. Salaries are often fixed amounts of money paid to employees on a regular basis in return of the services they provide to the organization or the employer. Salaries may also be viewed as the costs incurred in acquiring the human resources by an organization or employer. Salaries are often paid at fixed amounts and intervals especially on a monthly basis. The salaries are often determined by making a comparative analysis of the market rates of the other organizations or firms operating in ...

Initial Intra-organizational Bargaining and Attitudinal Structuring Processes

Introduction
Attitudinal structuring and intra-organizational bargaining are mainly applied in the determination and distribution of rewards. With an attitudinal structuring approach, the main goal is to influence the attitudes of the participants towards each other. The intra-organizational process seeks to increase the consensus among the participants.
My own starting point tends to put additional emphasis on the rights of the immigrant workers. The team members’ starting point focuses on the management rights clause. Then this is followed by handling issues regarding the protection of immigration workers and wages increase. The wages increase is placed at 6% each ...

Today about 1.6 million Americans work for the minimum wage, which is less than 5% of hourly workers. It is a relatively small number as another 2 million people earn even less due to certain exceptions on the U.S. law. Now the federal lowest wage the companies may pay to their employees is $7.25 per hour, totaling in $15,000 per year for the full-time workers. According to the U.S. Bureau of Labor Statistics, most of the minimum-earning workers have the part-time job in the service industry.
For 2014, only in 4 states the minimal wages are lower than ...

Life is not easy when living under the poverty line and more like a 150% effort is required each and every day. Working full time at job that pays minimum wage may provide enough money for a single individual, but it will certainly not for an entire family. Barbara Ehrenreich delves into the world of the minimum-wage workers in her book Nickel and Dimed: On (Not) Getting By in America. She seeks entry-level jobs and tries to support herself with the minimum wages from these jobs, for months at a time. Ehrenreich makes an agreeable and clear argument in Nickel and Dimed ...

Business Management

Motivation plays an important role in any business and two of the most prominent theories of motivation are Maslow’s Hierarchy of Needs and Herzberg’s Theory of Motivation and Hygiene.
The former theory is often represented in the form of a pyramid where the physiological needs of shelter, hunger, etc. are at the bottom or first level and self actualization at the top or final level; with the fulfilment of each level of needs the individual moves on to the next. Thus, the satisfaction of a lower level need motivates people to aim for the higher level needs. In ...

Inflation in Economics

Research Question: What are the effects of the inflation in economics and how can we control it?
Aim: The aim of this paper is to discuss the effects of inflation, both the advantages and disadvantages in the global economy.

Introduction elements (think of two hooks and choose one later)

Hook 1: Inflation in the economy has resulted in losses and business falling due to prices of goods and services falling (Arnold, 2010).
Hook 2: Inflation in economics has been a matter of discussion for centuries, and even currently it is further analyzed with the same interest.

Connecting information to thesis:

Point 1: What is inflation?
Point 2: How inflation is measured
...

The wages that are paid to workers in the construction industry vary due to different factors. The factors that affect the determination of wages in the construction industry include performance of the workers, the ability of the workers to deliver high quality work, the demand for workers in the economy, and the supply of the workers in the economy (Finkel, 1997). These factors contribute highly in the determination of the wages that the company will pay its workers.
The performance of the workers in their areas of responsibility determines the level of wages that these workers are paid. ...

Salary Discrimination

The case study presented involves white male flight attendants of a major flight organization in the US, who has a general complaint of their salaries being discriminated. Salary discrimination is one of the factors that individuals may feel oppressed when they are not well reimbursed or have a general feeling of being paid basing on variables that are not fair. People may also feel discriminated when they are paid basing on their skin color and ethnicity where others may receive favors that do not agree with their payment outlines.
On the other hand, the government must ensure that their people are ...

Economic Naturalist Writing Assignment

A serious issue of current US economy is stagnant wages despite consistent increase in new jobs created by US employers and subsequently a decline in unemployment across USA. The paper will explain the impact of stagnant wages on life of a common man in USA with the use of relevant examples.
Stagnant wages means either paltry or no increment in salaries and wages of an employee because employers are not inclined to increase their costs by increasing their salary budgets. From a common person’s perspective, the scenario adversely impacts one’s household budget and living standard because the market prices ...

The paper is based on few terminologies related to sports. The aim of this paper is to give a brief on salary cap and luxury tax. In this paper we will discuss about the salary cap for 2014 – 2015 season and Larry Bird Exception. The difference between salary cap and luxury tax will also be determined .
A limit of amount spent on player’s contract which binds a team to spend more is called a salary cap. Salary cap is implied to have a competitive balance in the teams participating in the league. The salary cap and luxury tax are not available ...

Variance Analysis

According to the statement of operations provided, personnel expenses that have a negative variance were managerial/professional personnel expenses that had a negative variance of $750 that resulted from actual expenses of $ 8500 against a budgeted amount of $7750. Net salaries and wages had a negative variance of $550 due to budgeted and actual amounts of $9750 and $10300 respectively. Benefits had a negative variance of $200 from budgeted expenses and actual expenses of $1200 and $1400 respectively.

Possible Causes of Negative Variances and Proposed Solutions

One possible cause of negative variance is under-budgeting. This means that planned amounts for use were lower than the expenses. This would imply a mistake in forecasting by ...

__ November 2014 (date)

After working for one year in this company, I think I can ask you for the salary raise. I have many reasons for it. I would like to ask you to consider my arguments and inform me about your decision. I work here for a long time already and, I suppose, I have made only progress in my job. I would like to specify some points that I consider to be important and worth mentioning. Let’s start from the beginning.
When I began working for this company, I just graduated from the university, but ...

The General Manager

Dear Sir,
I would like to discuss your latest decision of 15% decrease in the payroll of employees. I would like to share my views related to your decision and conditions at my department. Currently, there is a diverse workforce team of 50 employees working under my supervision. These include, men, women, and people from minorities group. However, the women and minorities were mainly hired for the reason of building workforce team.
Although, in my opinion, it would not be a good idea to cut payrolls by 15% from old employees, women, and minorities group. All of these employees ...

Introduction:

Every country has its own cultures, traditions, ways of living, spending, earning so on and so forth but when it comes to the countries near each other or which share their borders there definitely lies sharing of many aspects of life to an extent. This essay is particularly about the similarities and differences between two big nations of the world, United States and Mexico. Both the countries belong to North America, same continent, but there surely are many cultural and professional differences. Despite the remarkable differences, the countries under observation have many things in common too, which will be ...

The Lowell mills are famous in the history of the United States as they employed the maximum number of workers at higher wages. A majority of the women in the Lowell mills belonged to the rural countryside, which relied on farms for their earnings . Life was better for women who chose to work in the Lowell Mills than those who worked in the farms for several reasons. The Lowell mills offered higher wages to the employees when compared to several other jobs. In most of the cases, the families sent their daughters forcefully to work in the mills as ...

Interpretation (45)

People working in the clothes industry face serious mistreatment that violet their human rights. In most nations with these industries, laborers face oppression under a poor working environment. Just as slaves, they work for long hours with little payment that cannot meet their basic needs.

Analysis (406)

According to an article from the Guardian by Chamberlain, Indian clothing workers expose the condition under which they work. The clothing industries in the region include international firms such as Walmart, H&M, and Gap among others. The workers reveal that they receive monthly wages that are not enough to purchase even one of the garments ...

Introduction

Minimum wages have previously drawn condemnation from some economists who view it as an arbitrary price-fixing strategy by the government that serves to distort the market and entrench inefficiencies. Political and economic debate remains as to whether minimum wages should exist at all, and if so, whether the wages should be increased. In order to bypass Congress’ intransigence over the issue, President Obama signed an executive order in February 2014, imposing minimum wages of $10.10 on all federal contractors. Since then, private employers including fast food restaurants have strenuously resisted pressure to follow suit arguing that increasing the minimum ...

- Position Statement Topic: Eliminating the minimum wage
- Minimum wages should be abolished
- Economic arguments against my position:
- Setting minimum wages that are relatively higher that the unemployment support income would force the unemployed (especially those who are inexperienced and without skills) will be forced to not only gain both skills and experience, but also find employment.
- This takes the burden of unemployment support off the taxpayers and boosts efficiency in the economy (Novak 1).
- Minimum wages protect vulnerable laborers from exploitation by firms, especially since low-skilled and inexperienced ...

WalMart Stores Inc. is the largest private employer in the United States of America. Over the years, WalMart Stores Inc. has expanded across the globe acquiring a multinational status. Indeed, WalMart plays a significant economic role both within and outside the United States of America. As such, naturally a lot of focus is placed on the corporation. Business and legal pundits have analyzed the conduct, performance and structure of WalMart with a keen interest to observe its ethical practices. From the outset it is imperative to note that the multinational has not had a clean bill of health. It has suffered a number of legal ...

Has “Say on Pay” Been Successful in the U.S.A?
“Say on Pay” (SOP) has been a visible way for shareholders and the government to reduce the growing salaries of CEO’s, by allowing a vote on their remuneration. Critics have argued that such laws will do very little except take power away from the Board of Directors and make it more difficult to retain CEO’s with expertise. This paper tries to refute these claims and argues that the not so perfect SOPs have met some of the needs of shareholders who want to vote on CEO salaries. SOP legislation ...

1. Why is executive compensation important? How does it relate to a company’s values?
It is important that managers have the skills and knowledge to deal with issues of corporate governance, ethics, economy, taxation, legal and financial needs of a company. The values of a company are unable to be successfully managed without expertise. Executive compensation must reflect high expertise to ensure that the values of a company are met. The best and brightest managers can lead a company in a more profitable direction.
2. What is “Say on Pay”?
The general meaning of “Say on Pay” comes from corporate ...

Question Set One:

- Issues identified in the fact pattern:
Since it has been asked in the case, we need to analyze the case keeping our considerations in relation to the Equal Pay Act (BusinessDictionary.com). The issues that can be narrowed down are as follows:
- The basic remuneration of Jenna is high ($400 per hour) and John is low ($300 per hour).
- In the category where for all hours worked in excess of 2,000 in a year, associates are eligible for a bonus equal to 25% of all revenues generated by such work, Jenna earned her a $50,000 ...

Why service Jobs have lower Productivity than manufacturing Jobs

Manufacturing and Service jobs
The best way to understand why manufacturing jobs have higher productivity than service jobs is by first looking what these jobs entail. Manufacturing jobs involve making things and apply commonly to industrial production, which involves transformation of raw materials into finished goods. It involves activities such as electronics and engineering jobs, craft work and food processing. Service jobs, on the other hand, involve performing intangible tasks for a business or a person. It consists of activities such as administrative and support services, rental and leasing services, messenger services, technical and scientific services, and health care and ...

Nathan W. Morris – a personal finance expert, financial coach and the author of Your 33 Day Money Action Plan once said: "Every time you borrow money, you're robbing your future self." I cannot but agree with this quotation. Debts have only negative sights.
In my opinion borrowing money is the evidence of person’s weakness. Of course, you may say that there are a lot of reasons to ask other people or banks for money. But in general it happens because of laziness and an attempt to look for the easy way out of a situation.
Living in debts is ...

Introduction

Compensation is a methodical way of giving monetary values to employees for the work they have done. Compensation serves several purposes in a business and particular plays a huge role in recruitment, job satisfaction and job performance. One of the most distinctive characteristics of the compensation is that it can be occasionally adjusted in order to meet the business needs, objectives and the available resources. Compensation is an important tool for the management serves and is an active element in determining the activities and the overall existence of the business.

Question 1

Three jobs are chosen for comparison purposes for this case study; plant ...

Business

Unionization in the United States of America is a blessing and attraction for the labor class. However, according to the Bureau of Labor Statistics, the trend of labor unions or unionization has decreased by 20%. The main reason for this decrease is that the private companies are hiring the employees on contract or unfair employment contracts. Therefore, in these circumstances, the employees of many companies are consulting different domestic labor unions for the safety and security of their jobs. (Opinion, 2014)
Wages and salary package is one of the main reasons that create relation between the employees and the ...

Question 1

Workings:
Beach Director
Annual salary = 47,000
- Social security payment

Payable up to $45,000

First 3 months = 312 × 45,000 × 7.51% = 844.875
Last 9 months from 1 January = 912 × 45,000 × 8% = 2,700.00

Total social security payment 3,544.875

- Health insurance = 1,250. Beach Director is entitled to full health insurance since the FTE is 1.
- Life insurance benefits
0.85% of annual salary
0.85% × 47,000 = 399.50

Assistant Beach Director

Annual salary = 35,000
- Social security payment
Payable up to $45,000
First 3 months = 312 × 35,000 × 7.51% = 657.125
Last 9 months from 1 January = ...

I would like to become a nurse in future. I am so passionate about it for a number of reasons. I believe it is a challenging career but again I am up to the task because that is I want to do with my life; helping the sick and save their lives. I will begin by explaining the job requirements of a nurse, and then I will discuss their salary and long range expectations. I will also discuss job availability now and in the future, as well as their job responsibilities
In order to become a nurse, one is expected to enroll for ...

Kingsborough Community College

Identify the Problem
The problem is about the minimum wage experienced by most of the people working in public or private levels. Minimum wage is one of the challenging actual problems faced by many companies; however, there is always a possibility that this type of problem can be solved accordingly.

Explain the Problem

Minimum wage as an actual problem faced by many companies in public and private levels, probably the most talked about problem in the community. This problem does not matter how big or small is the company, it usually occurs when work and wages are involved. However, minimum wage has a ...

Job offers present applicants with an opportunity to enhance their hopes of getting a job. Following the specifications provided in the advertisement for a given job, the business advertising the job conducts a concrete job evaluation to the candidates’ applications. During these exercise, the business is able to compare the applicants in order to establish the best candidate who meets the business job specification.
On the side of the applicants, there is a great need to focus on the entire package provided by the job before application. Ideally, this is to mean that it is good to look at all other compensation ...

The twenty first century has brought along numerous revolutions in major sectors of the world’s economy. In the beginning of the early twentieth century, people grew the need for labor unions. These were mostly industrial workers since the period was during the industrial revolution. However, the success of labor unions has been on and off over the years. In some economical times, labor unions have improved the situation while in other economical times labor unions have further worsened the situation.
The thesis of my essay is to analyze the situation in Illinois after the newly elected governor ...

Introduction:

In today’s modern economy, a decent wage is an important part of the social fabric and makeup of the said economy. There is a substantial debate going on whether this wage should be raised since it currently stands at just $7 an hour in the United States although some states have already passed certain measures to increase this wage. New Jersey has been one of the first states to raise the minimum wage from $7 to $8.25 an hour, and this has also been indexed to inflation to avoid shocks to the economy. There are other states such as Washington ...

<Student’s name>
<Professor’s name>

Introduction
The Great Depression is a global economic crisis that began in 1929 and lasted until 1939. (Most significant from 1929 to 1933). Therefore, the 1930s are generally considered during the Great Depression.
The Great Depression of the most severely affected by the U.S., Canada, UK, Germany and France, but was felt in other states. The worst affected industrial cities in several countries have virtually stopped construction. Because of the reduction in effective demand, agricultural prices fell by 40-60%.

The Main causes of the Great Depression

According to Gary M. Walton, “in 1929 the U.S. stock ...

Introduction

With variations in academic, financial, career and personal goals, this is a case where there is critical need to apply critical and analytical skills in determining whether to seek for a job or on the other hand join a graduate school. While the options are broad, the final decision will be made by its reality on applicability and the achievements that it will put across. In this regards, such an option will be guided by personal capabilities and the available resources such as time and financial needs and their sources. Discussed below is a point-by-point format in the comparison analysis of getting a job ...

Introduction

Consider getting a minimum wage from your employer hourly, daily or monthly. It will greatly affect the standard of every worker making him/her feel no love with his work since it is the lowest pay. Would one feel satisfied because of high minimum wage? Increasing minimum wages will result to happy life and many workers will be in a position to support their families.

Arguments

Arguing against critics on increase in minimum wage, the increase in Boston for example, by the state government from $8 to $11 per hour by 2016 statistically shows that 60% of low-wage workers will be in a position ...

<Student’s name>

Abstract

Of economic theory known such a thing as discrimination in the labor market . Discrimination on the labor market is the practice of hiring , which leads to differences in wages for equally productive workers . In the presence of wage discrimination against certain groups of workers is lower than that of other groups doing the same work with the same qualifications. Entrepreneurs often accused of discrimination on grounds of race , sex, age , disability , religious beliefs or ethnic origin .
Discrimination affects the functioning of labor markets . It generates differences in equilibrium wages , which do not appear in the ...

I conducted an interview with the Labor Relation Manager for Royal Circuits Corporation Mr. Milan Shah. In the interview, we discussed about his daily duties and functions and more importantly, how he managed his duties. We also talked about the kind of challenges his unionized workplace and the type of strategies he has put in place to overcome this kind of environmental challenge. We then discussed on the common encountered issues that surround the company workforce and the kind of policies and models that his department implements in an attempt to addressing those issues. We finalized by conversing about ...

Economics is an art and science that deals with allocation of scarce resources to unlimited human wants. Resources are the means of production, which include the human and non-human capital. Human capital encompasses the labour resource, which is the human effort and skill devoted to production in an economy. The process of engaging the human efforts in production is known as employment. This paper explores the unemployment rate of human labour in respect with the causal economic dynamics. Unemployment takes up various forms in nature but this paper identifies the structural and the cyclical forms of unemployment as closely ...

The period between 1880 and 1920 was marked with an abrupt revolution of technological techniques that were applied in the construction and manufacturing processes. This as a result attracted a large number of labor force mostly unskilled to seek for new jobs while other existing employees were replaced by the machinery that was used to perform the tasks initially performed by the people. The working conditions during this period were harsh characterized by the long working hours with low wages and discriminations by gender and race (Hollitz, 2005, p. 39). Employees could work for up to 80 hours a week while the ...

NHL lockout of 2004-2005 was the third under lockout in NHL history and second under Commissioner Gary Bettman. The first lockout happened in 1992 which was the first NHL strike in history. The labor strike lasted for 10 days due to interference of United States Federal Mediator John Martin. This lockout led to many changes like increased regular season games from 80 to 84, tweaked free agent system, increased player control in licensing of likeness, Adding 2 neutral site games for every team in each season and increased player playoff bonus from $ 3.2 million to $7.5 million. No playoff ...

Today’s world is characterized by uncertainty in almost all facets of life, but the most significant and far reaching is financial uncertainly. This is because financial decisions that are made today have a direct impact on our tomorrow’s financial position. Financial planners and coaches have come in handy in offering financial literacy literature, most of which is centered on fast ways of making and sustaining wealth. A quick look into this financial literature will however provide glaring evidence of these authors inability to assist the target audience on how to manage the money once they have earned it. ...

The term bargaining denotes a reciprocal understanding between two parties through a contract or an agreement. The essence of this arrangement is to work out the terms of the agreement through negotiations, a take and give scenario, in good faith for the ultimate intention of entering into a binding contract or agreement. Collective bargaining entails negotiations involving a union through its representatives and the management of an organization. Negotiations between employees and the employer can be a hard task especially for employees. Sometimes it can strain relations at the workplace. Freedom of association as enshrined in the Constitution allows workers to form unions which can ...

- How did President Hoover respond to the Great Depression?
President Hoover did not increase the control of government on the economy. Instead, President Hoover encouraged business owners to make sure that the wages given to their employees were higher. President was of the view that if the wages remained higher the purchasing power of the US citizenry would not be affected. However, this did not work well for business owners; they had to reduce the sizes of their workforces so that they would maintain high wages. With all the layoffs taking place the purchasing power of the ...

Question#1.

- Explain Confidence intervals estimation and significance testing and its usefulness in a business organization.
According to Cox D.R., “Confidence interval is the term used in mathematical statistics in interval (as opposed to point) evaluating for statistical parameters, preferably with a small sample volume”. Trustee referred to as an interval that covers the unknown parameter with a given reliability.
The method of confidence intervals by the American statistician Jerzy Neyman, based on the ideas of the English statistics Ronald Fisher.
The confidence interval for θ distribution of random variable X with a confidence level of 100%-p”, begotten by the sample ( ...

Notes

This article aims at excellent analysis of the role of unions in the economy. Therefore, it has outlined various elements, merits and demerits that are associated with unions.
In most cases, various analysts have looked at unions as monopolies in the labor market with the main objective being to increase wages for members. This makes the organization easily forego the role of enhancing productivity causing unemployment in the society.
Despite being socially relevant trade unions have brought in massive disadvantages that have been ill to the well being of the economy. For example in the US trade ...

<Student’s name>
<University>

Graphic Designer

Graphic designer is specializing in the design of the environment by means of graphs. He works with signs, billboards, posters, signs, signs and designs that we see in a lot around, and also takes care of readability we needed information, such as websites, magazines, newspapers, flyers, book covers and discs restaurant menu, catalogs, business cards, as well as packaging products, manufactured goods, and graphics windows. From this brief enumeration, you can see that wherever we come from, we are all bound to see a variety of graphic design projects. Occupation graphic designer has several ...

Link to Article

Brooks, G. (2013). Australia: BMW boss predicts end of GM Holden Manufacturing. Just-Auto, Retrieved August 25, 2013 from, http://www.just-auto.com/news/bmw-boss-predicts-end-of-gm-holden-manufacturing_id137441.aspx

GM Holden Australia: Media Release

Recent press publications on the fate of GM Holden Manufacturing note its impending downfall. An article published by Glen Brooks on August 23, 2013 predicts the end of GM Holden. BMWGroup’s boss Phil Horton attributed this to the election. If the Liberal-National parties’ coalition wins the federal election, GM Holden will lack subsidies; these subsidies previously supported their locally-established manufacturing operations.The impending closure might occur by the end of the year if nothing is done. It raises a need for a ...

As a little girl I used to admire my mother in her snow-white, starched, well ironed uniform; and hoped for the day I would work with her. On the rare occasions when I visited her at the hospital watching the doctors walking around with a group of student doctors was my favorite pass-time; and I would say to myself, one dayI will be in one those groups. While I still lived in my country, I finished high school and entered college with the intention of fulfilling my vision; but shortly thereafter I immigrated to the United States and changed my reverie. ...

Employee compensation in most cases refers to the cash benefits that individuals receive as an exchange of the services rendered to their employer. In most cases, at least in many countries, individuals earn a certain wage or salary due to the work they do to their employers. For example, in the United States, almost over 90% of the employees or what is considered the working population earns a salary of some form of wage. The compensation that is in form of cash often comprises the wages or the salary and in some cases may include the bonuses as well as the ...

Labour unions have played a major role in the United States during the period 1947 to 1973, which is the era of capitalism and industrialization, a period characterized by high wages for workers. In the same manner, labour unions in Canada during the 1970s also helped the country achieve political, economic and social progress. However, times have changed and some observers believe that unions are facing a serious crisis.
McFarland expresses in an article in the “The Globe and Mail” that despite the four million union members in Canada, organized labour still faces a shrinking coverage in Canada’s work force. One ...

Pauper labor argument is a view that has been presented in that a country with high wages loses when it imports from another country, which has low wages since it will presumably low wages in such a country. However, the view ignores the aspects of low and high productivity in a country, in the determination of the wages paid in any country. The countries with high productivity will have a competitive edge over the countries with low productivity, hence gaining from the trade. The concept states that when a country imports goods from an economy where the workers are lowly paid, it affects workers standards ...

Abstract

John Maynard Keynes was one of the most celebrated economists of his times. His propositions on economics were immensely popular and were subsequently applied by governments in policy formulations. The various economic concepts of multiplier effect, circular flow of money, IS curves, general theory of income, employment and prices, deficit financing are subject matters of immense study and are still applied, modified and criticised by modern day economists. In order to better explain Keynesian concepts, an entire branch of economics, econometrics has been evolved by later economists. This paper will try to find out the extensive work done by ...

Management

Management
Diversity in the working environment is leading to as situation where workers receive different pay. However, there are several negative consequences of the difference in pay between workers doing the same jobs. In the first place, the workers receiving lower pay feel demoralized. They feel that they are less valued in the organization and as a result, their productivity is greatly affected. Secondly, these employees may find it hard to work with other employees in the same organization. These employees feel that the other employees know that they are paid less than what the others earn. Such an ...