Importance of the Benefit Package for Employees

Importance of the Benefit Package for Employees A benefits package is necessary for the well being of employees in an organization. Employee benefits can be defined as non-monetary rewards which employees gain apart from their salaries and wages. These benefits are meant to improve the quality of life of employees working in an organization.Advertising We will write a custom proposal sample on Importance of the Benefit Package for Employees specifically for you for only $16.05 $11/page Learn More Some of the benefits offered will be either mandatory or discretionary. Mandatory benefits are benefits which an employer has an obligation to provide to his employees as stipulated by the law. Discretionary benefits are those benefits an organization offers its employees out of its own volition. The benefits packages offered will fall in the two categories. They are meant to improve the welfare of all employees working in this organization. The first category of benefits to be offered will be in form of retireme nt benefits. These benefits are mandatory by law because the government values social security of all working people. All employees in the firm employed on a permanent contract are required to remit monthly payments in specific retirement schemes. Employees will have a specific amount of money deducted from their monthly earnings depending on the amount of salary each individual earns. The money will be held in a pension fund from which an employee will be able to obtain his savings upon retirement. Health insurance is important because workers need to have adequate medical cover whenever they fall sick. Workers who have families will have four of their nuclear family members covered by the health scheme. Employees’ salaries will be deducted and the funds obtained will be remitted to health service providers. This benefit is mandatory because an organization with healthy employees has the ability to produce high levels of output. Sick employees will be granted sick leave to a llow them to get treatment. The company will also offer maternity leave to pregnant female employees. Health benefits will improve the living conditions of employees that work in this firm. Housing benefits will also be offered to all employees in the organization. These benefits are discretionary. The criteria to be used will influenced by the level of status an employee holds in the organisation. Employees in a specific pay grade will be offered a uniform housing allowance every month on top of what they earn. All employees will get additional monetary compensation on top of the salaries they earn monthly.Advertising Looking for proposal on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More A transport allowance will be offered to interns at the organization to help them reduce their commuting expenditure. This is a discretionary allowance which will ease the burden of commuting costs on interns about to become f ull time employees. Employees will be encouraged to join optional life insurance plans with various insurance providers. These plans will be easily transferable and will offer compensation depending on the length of time an employee is willing to subscribe to them. The insurance plans offered will yield annual interest depending on the amount of premiums an employee contributes. An insurance risk cover for employees working in hazardous environments will be introduced. The company will also implement safety measures which guarantee the wellbeing of employees. Employees who get injured accidentally while performing their duties will be offered monetary compensation for injuries sustained. This benefit will only apply to employees who get injured inside the company. They will have to provide evidence that shows the injuries they sustained were accidental. The compensation offered will be commensurate to the type and severity of the injury suffered. Employees who are found to have used intoxicating substances in the form of alcohol and drugs at the work station will not qualify for compensation. Other benefits to be offered will depend on the individual situation of each employee. These benefits will be offered depending on the performance appraisals of each employee in the company. There will also be benefits that will be offered to employees going through difficult times to help them recover and continue with their duties at work. These benefits make the organization to be responsive to the needs of its employees. The recruitment and staffing policy in the organization will focus on hiring competent individuals who are suitable for the organisation’s staffing needs. The organization will be divided into four departments all of which will coordinate closely. These departments are: finance, sales and marketing, production and human resource. The production department is critical for the company’s survival and it will have the largest number of staff . The sales and marketing department will also need several support staff that will represent the company in its target markets. The finance and human resource departments do not require large personnel teams.Advertising We will write a custom proposal sample on Importance of the Benefit Package for Employees specifically for you for only $16.05 $11/page Learn More The company is to be headed by a Managing Director who will oversee the operations of all departments headed by their respective managers. This position fits a person with a long term growth strategy for the firm and good leadership skills. The finance department will be under the finance manager who will be responsible for computing and analyzing financial issues in the firm. A person with good book keeping skills combined with good financial analytical skills will be suitable for this position. Seven accountants and an IT officer working under him will be responsible for maintaining and updatin g the firm’s financial records. The production department will be headed by a production manager. This will suit a person with effective technical knowledge on suitable equipment and production processes to be used by the organization. The production manager will be responsible for planning work shifts for staff under his department. He will liaise with the marketing department to determine the level of output which needs to be produced to satisfy existing demand in the market. He will work with three line managers who will supervise support staff in the firm. The support staff will be operating production machines. Employees in this department will be offered a risk cover because of the hazards they are exposed to in their working environment. The human resource department will be headed by a human resource manager. A person with a thorough understanding of labour issues and efficient human resource practices will be suitable for this position. The human resource manager wil l be responsible for recruitment, staffing and preparing organizational procedures to be followed by the firm’s employees. He or she will work closely with other support staff including front office staff, drivers, secretaries and security officers. These employees will assist the organization to run its operations smoothly. A marketing manager will watch over sales and marketing functions in the organization. A person that can effectively analyse existing market opportunities and their potential will be suitable for this position. He will be responsible for initiating marketing strategies and plans that help to increase the company’s market share.Advertising Looking for proposal on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More He will be assisted by sales executives who will be liaising with distributors to meet the set sales targets. Sales executives will also be required to conduct market research to gather important information and data which reveal more about the market. The recruitment criteria for employees to fill these positions will be influenced by their skills, suitability and experience. All recruited candidates will have to undergo rigorous interviewing processes to determine their suitability. The finance, production and marketing departments need employees who have college education. The interviewed employees will have to do aptitude tests to evaluate their skills, personalities and knowledge. Employees selected to work in production will undergo induction programs to make them conversant with technical procedures involved. The organization has a clear communication structure which all employees are required to follow when they are performing their duties. Cafeteria plans will be included i n the benefits policy being formulated. Employees will be able to purchase meals during lunch and tea breaks. The cafeteria program will be subsidized and employees will pay a small fee for the service which will be deducted from their gross salaries. There will be schemes that reward employees who surpass established performance parameters. These individual incentives will be influenced by impressive performance outcomes. These employees will be given bonuses, holiday benefits and gifts to motivate them. A study leave paid for by the company will be offered to talented employees who desire to acquire more skills and knowledge in their areas of expertise. In conclusion, these benefits will help to improve the welfare of all employees who work in the organization. All employees will be made aware of these policies to make them conversant with organizational procedures.

Photosynthesis Lab Report Essays

Photosynthesis Lab Report Essays Photosynthesis Lab Report Paper Photosynthesis Lab Report Paper The following terms were used in this experiment Photosynthesis: Photosynthesis is the process of converting light energy to chemical energy and storing it in the bonds of sugar. This process occurs in plants and some algae. Plants need only light energy, CO, and H2O to make sugar. The process of photosynthesis takes place in the chloroplasts, specifically using chlorophyll, the green pigment involved in photosynthesis. Http://biology. CLC. Us. Due/courses/Bobbie/photons. HTML 2- Chloroplasts: are organelles found in plant cells and other eukaryotic organisms that conduct photosynthesis. Chloroplasts capture light energy, store t in the energy storage molecules TAP and NADIA and use it in the process called photosynthesis to make organic molecules and free oxygen from carbon dioxide and water. Http://en. Wisped. Org/wick/Chloroplast 4- stoma, also called Stoma, plural Stomata, or Stoma, any of the microscopic openings or pores in the epidermis of leaves and young stems. Stomata are generally more numerous on the underside of leaves. They provide for the exchange of gases between the outside air and the branched system of interconnecting air canals within the leaf. A stomata opens and closes in espouse to the internal pressure of two sausage-shaped guard cells that surround it. The inner wall of a guard cell is thicker than the outer wall. Http://www. Britannica. Com/Upchucked/topic/567123/stomata Hypothesis: Purpose of this experiment is to determine if the light a spinach plant is exposed to affects the rate of its photosynthesis. Hypothesis 1: I believe that the spinach leaves that are only exposed to room light will have a slower rate of photosynthesis, and the spinach plants that are exposed to incandescent light will photosynthesis faster. Hypothesis 2: I believe that an increase in the bicarbonate concentrations increases the rate at which CO is incorporated into carbohydrate in the light-independent reaction, and so the rate of photosynthesis generally increases until its limited by another factor Materials and methods: Materials: Bicarbonate, Vacuum (Water aspirator), Large beaker, Spinach Leaves, Drinking straw (Hole puncher), Timer, Lamp (light source), and 3 Petri dishes. There were 3 types of variables involved in the experiment Independent Variable: The light a plant is exposed to during photosynthesis (room light or light from a 120 watt lamp). Dependent Variable: The rate of photosynthesis of a plant exposed solely to either room or lamp light. Controlled Variables: Amount of light the plant receives, the intensity of the light, type of light bulb, the amount of time the plant is exposed to one type of light, the type of plant, health of plant, age of plant, amount of oxygen the plants are exposed to, amount of carbon dioxide the plants are exposed to, amount of water the plant receives, amount of water the leaf disks are soaked in, amount of bicarbonate in the water solution, the intensity of the vacuum created. Method: First, we stack many spinach leaves, and with the straw, we punch 10-15 uniform leaf disks for each Petri dish. After that we prepare 100 ml of bicarbonate solution in the water aspirator. Once the container is ready, we put the leaf disks into it to infiltrate them with the sodium bicarbonate solution. We seal the container and immediately connect it to the faucet, we turn the water on (both hot and cold) and let it run for about a minute. After that we turn the water off and unseal the container. With doing so, the air spaces in the leaf disks are infiltrated causing the disks to sink. At this point, we are ready to transfer the leaf disks into the Petri dishes for the experiment. We fell the three Petri dishes with h inch of the 0. 05% solution and transform 10-15 leaf disks into each. Then we place the first Petri dish which is covered under the light source and we put the beaker on top of it, the beaker will be filled with IL of cold water to act as a heat filter and then we start the timer. At the end of each 10 min, we observe and record the number of floating disks. Continue observing the leaf disks until the end of the mini. As of the second Petri dish, we cover the sis and keep it at the room light and watch it and keep recording the floating disk every 10 min. Finally the third Petri dish, will not be exposed to light at all, so it will be covered with aluminum foil and will be kept for the whole 40 min. In order to see how many disk floated in that period. Results: For this experiment, we measured how long it takes for spinach plants to photosynthesis under a room light and also a Iamb (light source). We timed how many leaf disks rose in 10/20/30/40 minute duration under a room light, a lamp (light source) and in the dark as well. The results came out positive purporting the hypothesis as shown on the results section of the attached Raw Data Sheet. We then calculated the average amount of time it took the spinach leaves to photosynthesis under each amount of light, graphed these averages in order to show our results. The Y axis on our graph shows the number of floating leaf disks and the X axis represents the average time it took for the leaf disks to rise. (Duration was forty minutes. ) According to our data, the leaf disks exposed to lamp light rose faster, as shown in the graph below. Discussion: I think that the concentration of Bicarbonate could have affected our results. While the oxygen is removed from all leaf disks we picked, there was some of them might have been more thoroughly infiltrated than others. For example, when we picked the disks, some of them sank immediately while others took a while. Also possible that when we distributed the leaf disks, we may have put some of the leaf disks that were not infiltrated under the room light. Because they already had some oxygen in them, they could have been more likely to float quicker. Additionally, there are other factors could have influenced our results detrimentally, as well. In addition, although this method is an easy way to measure the rate of photosynthesis, it is not the most accurate. Cellular respiration, a process that uses the oxygen produced during light reactions, could have occurred. If the oxygen produced by the leaf disks was used during cellular respiration, the leaf disks might not have risen even though they did photosynthesis. I think to improve this experiment next time; we have to keep all these factors in mind, also make sure to pick the leaves off the spinach plant ourselves, or at least ascertain the health and age of both the leaves we use ND the plant they are from, not to mentioned doing the vacuuming process as well. In general, for future experiments, I would allot more time and have more materials and do the whole process. Conducting such an experiment inspired me to conduct similar experiments, testing the rate of photosynthesis under even more conditions. I would want to test and see whether photosynthesis occurs faster when plants are exposed to the sun light (outdoor). Overall, this experiment was a good learning experience. It helped me learn how to put together an experiment and pay attention to even the minute details that can significantly alter ones results.

Kodak and Fujifilm Research Paper Example | Topics and Well Written Essays - 1500 words - 2

Kodak and Fujifilm - Research Paper Example It was then that he started experimenting and finally developed a camera by the year 1880 based on which the Kodak Company was initiated. Thus cameras and photographic films were the core products that the company offered to the general public with intention to make it a large business (George Eastman, n.d.). The company had also focused sincerely on advertising of their products considering advertising as an important measure of business (George Eastman, n.d.). The core business of Fujifilm is manufacture of photographic film. This company was founded in 1934 and is now a leading company in the world of photography across the globe. With establishment of the company in 1934, the company gradually expanded globally and opened up its branches across different countries in the world (Corporate History n.d.). The fundamental approach that Kodak has been following for managing its operations has been a humanistic approach. Eastman believed that his employees were highly important and hence should be offered with more than just wages. There are four major principles that the company followed from its initial times. These include: Production of mass products at a low cost, Distribution of the products across the globe, Extensive advertising, and Focus on the customer. There have been three policies on which the management of the company has been maintained. These are: (1) Continuous research for development and growth of the company; (2) Well behaving with the employees to make them feel important and part of the company; and (3) Reinvestment of the company’s profits in expansion of the business (Schreiner, 2012, pp.1-3). The management approach at Fujifilm Company is focused on increasing and maximizing the synergies of its employees towards accomplishment of organizational goals. The company focuses on utilizing its human resources