Remuneration Term Papers Samples For Students

Introduction

The legal system is present in all aspects of our lives to ensure that everything in life is fair and is done with a particular protocol. The labour market is not exempt from laws. It is an area that especially needs legality for it to function properly. Employees are otherwise powerless in determining their wages and treatment. Laws ensure that they have power and a voice. Without legality, the labour market will be a flood of unfair payment under unscrupulous employers.

Law in remuneration

Laws directly affects remuneration of employees in both public and privates sector. Laws stipulate how employees ought to be paid, how ...

Question 1

a). Calculation of variances
The material price variance is calculated as the budgeted price less the actual price. The standard per cost is 3.8 dollars per kg (£15200/4000=£3.8) while the actual per unit cost is £14742/3780=£3.9 per kg. This means the material price variance is £0.1 per kg.
Material usage variance is the budgeted quantity of materials and the actual quantity valued at the budgeted per unit price. The budgeted per unit price is £3.8. The difference in the two quantities is 4000-3780=220kgs. This valued at £3.8 gives a material usage variance of £836. The labour rate ...

Introduction

The Canadian labor market is abundant with skilled and qualified workers, and hence, the country’s labor market is becoming increasingly competitive. In this context, it is necessary for the government to ensure that all these candidates are employed and getting paid fairly. However, it is identified that Canada’s unemployment rate soared high during the recent recession and it has not yet recovered completely. Since Canada is a well-developed country, it is particularly important for the Canadian federal government to analyze the short-term as well as long-term costs of high unemployment rate to the country’s economy. This ...

Describe the benefits of having a diverse workforce in an organization.

Arguably, workplace demographics have tremendously shifted, and global markets are always at the increase, driving workplace diversity to be a necessity. As a matter of fact, the organization and employees reap both intangible and tangible benefits from a diverse workplace. In fact, organizations in the world have positioned themselves to embrace diversity in the workplace. In most organizations, working and workforce patterns are changing, whereby the working population is becoming older, as well as experiencing an increase in the number of people and women working in various organizations coming from diverse ethnic ...

Introduction

Good employment and happy workers is one of the pillars of a good economy. It is a happy workforce and a healthy population that will ensure the future and the growth of the country. The United States Governments in the past have understood this assertion and have taken steps to enact employment laws that protect the interests of the workers.
These laws cover aspects regarding rights of the employees as well as the obligation of the employees to the employer to bring a harmonious employer-employee relation. Because employment and fields of practice vary in terms of place, industry, security and hardship, the ...

EXAM QUESTIONS ON BUSINESS AND SOCIETY

1. To what extent are companies justified in claiming that they are good corporate citizens?
The key goal of any business enterprise is to maximize profits and minimize cost. The management must safeguard the social welfare of the employees. In addition, the company must respect the social and cultural values as well as providing quality products and services to the consumers. Therefore, corporate citizenship is the understanding of all stakeholders in a company or business enterprise that it has social responsibilities to the employees, the surrounding society and the consumers, who indirectly influence the company’s performance in regional ...

Introduction

Famous Dave’s is an American series of restaurant shops serving in over thirty-four states. Started in 1994, the first restaurant developed in a slow pace but immediately grew into much success. Famous Dave’s management has been phenomenal for the company’s growth over the years. The opening of new branches year in year out is evidence for Famous Dave’s success in the restaurant industry. The company is currently under the stewardship Ed Rensi as the CEO and since its incision, the company’s head quarters has been Minnetonka, Minnesota, United states. This paper explores the various aspects ...

Real Madrid CF

Real Madrid is a Spanish, professional football club founded in 1897, and with upwards of thirty Spanish League (La Liga) titles, seventeen Spanish Cups, nine European Championship Cups and two UEFA trophies, it is easily one of the most successful football clubs in the world ( Real Madrid, 2012). It was voted the 20th Century’s most successful club by FIFA and by the close of 2011; it was the richest club in the world, with annual revenues reaching upwards of $695 million and $204.0 million in operating revenues. The club, which is entirely owned and controlled by its members, is ...