...database management system. ERP systems track business resources (such as cash, raw materials, and production capacity) and the status of commitments made by the business (such as customer orders, purchase orders, and employee payroll), no matter which department (manufacturing, purchasing, sales, accounting, and so on) has entered the data into the system. ERP facilitates information flow between all business functions inside the organization, and manages connections to outside stakeholders. This PAYROLL SYSTEM is a part of an ERP. This system involves calculations and registering of cash payment of the company to their employees (which involves Salaries, Incentives, Benefits and Taxation) as stated by the law itself. Even though PAYROLL is normally under Human Resource Department of a company, yet this system makes it much more independent from the core of the said department. A PAYROLL is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time. Payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and they are subject to laws and regulations 1.1PROJECT OVERVIEW Payslip Generation Salary Computation Payroll Report Generation Payroll System Deductions and Taxation Calculation Financial Reports In and...
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...proposed regulation interest you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Dropbox: (a) a Word document with the questions and your answers and (b) a copy of the proposed regulation you used for this assignment. UNC University System The University of North Carolina System has proposed a new regulation for their personnel. It is entitled UNC Personnel Flexibility. Currently, I am a Senior Director of Operations for the division of Advancement at UNC Charlotte. This will have a direct affect on the personnel currently within the university system and especially those employees hired from the point this regulation is passed and implemented. The employees for which I supervise are currently covered by the Office of State Personnel. The OSP has a stringent set of guidelines that protect the employees hired under their umbrella. The OSP’s personnel regulations have created an environment of low productivity, disregard for authority and entitlement. The “state” employee mentality has evolved into a life of its own. Long-term state employees have long since discerned that they are well protected under the current regulations of the OSP and regardless of job performance...
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...HUMAN Md. Shahidul Islam RESOURCES Program: MBA (Regular) MANAGEMENT Semester: Fall 2011 ID: 136-34-22 The Chartered Institute of Personnel and Development (CIPD): The Chartered Institute of Personnel and Development (CIPD) is Europe's largest HR and development professional body. As an internationally recognised brand with over 135,000 members across 120 countries, we pride ourselves on supporting and developing those responsible for the management and development of people within organisations. We know what good HR looks like and what you need to know and do at every stage of your HR career, wherever you are in the world. With over 135,000 individual members we’re in the business of supporting you to keep up to date with the latest thinking and best practice, as well as providing you with products and services to help you do your job including: . CIPD has links with over 100 similar global institutions and associations and are active members of the World Federation of People Management Associations (WFPMA), the European Association for People Management (EAPM) and the International Federation of Training and Development Organisations CIPD is setting global standards for HR and supporting the development of HR professionals and building HR capability within organisations around the world. Our members represent over 120 countries throughout the world and are supported by a network of 48 branches, led by volunteers, in the UK and Ireland. There’s...
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...commercial and industrial scenario is characterized by mega-sized organizations, global competitions, innovative and newer wide variety of goods and services and ever changing technology. In this situation, the development of human resources has assumed more significance so as to understand and use ever - changing technology and to do the job effectively and efficiently, eventually leading to customer satisfaction and economically viable and commercially profitable organizational units. In other words, human resource development (HRD) is not being considered as an end in itself but it is being practiced as a dynamic and creative means to achieve increased productivity and profitability, improved morale and career development of employees, better industrial relations, etc., to...
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...Activity 1 ------------------------------------------------- 1. Describe the internal and external factors that impact on the employment relationship Internal factors that impact employee relations are Organisational Culture Each Organisation and company has its own culture. Company culture consist of many things, how managers relate to their employees. It also shows how employees are treated. For instance how the company rewards its employees creates an enviornment of loyality and high morale. The company which embraces the attributes of employees tend to improve employment relationship between managers and employees. Wages: is the significant factor influencing employee relations. When company provides employees with pay that are above the market standards employee feel value and employee relations run smoothly. External Factors Family Life Employee’s family life can have a direct impact on their behavior, if there’s a conflict in the family life, it can affect the employee’s relation with the colleagues, they may respond negatively to criticism at work. Economic Environment Economic climate, interest rates, pay cuts and redundancies are few of the factors that affect employee relations. Employee’s worry about the job cuts and losing their colleagues puts extra strain on the morals. ------------------------------------------------- 1.2. Explain Different types of employment status The scope of this easy is to discuss three types of employment status...
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...Organizational Behavior Deriah Miller BUS 318 Instructor Tonkin September 9, 2013 The Article I will be critiquing is entitled “World News: Violence Hits Congo Elections - - - Killings, Organizational Problems Mar Planned Vote in Largest African Nation.” This article was retrieved from the Proquest database in the Ashford Library. This Article was written November 28, 2011 in the Wall Street Journal. This article is about Africa’s largest and least developed nation being on edge due to election fraud. This article explains that ballot boxes to vote were not received by some regions. There was a candidate announcing that he had won the election without the proper procedures being followed to elect officials. Congo is corrupted and mismanaged. Their political system has no order. Congo is referred to as one of the world’s least developed nation with regards to living standards, literacy, and life expectancy. Violence was raised during this time because of the confusion between the current President Joseph Kaila and the candidate Etienne Tshisekedi. Mr. Tshisekedi supporters cause a riot with police where some people were killed. U.S. Ambassador James F. Entwistle believes there could possibly be violence in the future if Tshisekedi is not elected. I agree that democracy is the will of the people. I disagree with the way this nation is being ran. Their organizational behavior is unprofessional and out of order. It is not fair to not allow everyone an equal right to...
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...Management vs Leadership The article I chose came from www.forbes.com and is entitled “Leader or Manager, what does your small business need?” by Marc Compeau (see link at the bottom). The article discusses the constant debate of what is better for a business; a manager or a leader? The book defines a manager as “planning, organizing, leading, and controlling of human and other resources to achieve organizational goals efficiently and effectively” (P.5). The book described leading as being able to “motivate. Coordinate, and energize individuals and groups to work together to achieve organizational goals” (P.8). In the definition the book states that to manage you must lead. Compeau states “I do know that your business has different needs at different times.” I personally believe that you need to be able to do both obviously, but it is not about wearing two hats, it is about knowing when to wear which hat! This is an extremely rare combination very few can achieve. Compeau offered his own distinction between the two; Leadership is managing change, Management is leading stability. You cannot just manage, managing keeps everything the same and nothing is moving or growing. Leading is changing and moving forward. This is why having a strong “managing leader” would help a business to strive. Compeau also discusses employees needing direction. The book states that “Leadership revolves around encouraging all employees to perform at a high level to help the organization achieve its vision...
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...Introduction: While Collective Bargaining is a Democratic right of all workers, recent trends have indicated a significant reduction in Trade Union membership. Such a trend is in contrast with recent management directives to integrate employee’s opinion at organisational level. This report attempts to define Collective Bargaining and the approaches undertaken by Employers to manage the area. The Employment Relationship is then studied with a particular emphasis on the structure and balance of power between the Employer and Employee’s. The contribution of the Trade Union movement to the Collective Bargaining issue is then discussed. This Report is then concluded with a definitive view on the role of Collective Bargaining on workers lives. Existing literature will be used to support arguments throughout this report and a brief review of Sweden’s ‘True Corporatism’ system of the 1960’s will be integrated as a method of concluding the report. Collective Bargaining and the Employer: Collective Bargaining is the process of “agreeing terms and conditions of employment through representatives of employers… and employees.” (Burchill, 1997. 91) This process is represented at the micro-level, by...
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...between the employer and employee. INTERNAL FACTORS THAT IMPACT EMPLOYEE RELATIONS The Factor | The Description | The impact on the employment relationship | Pay and Benefits | Annual salaries, private health care, annual discretionary bonus, free or subsidised lunch, early finish Friday, pension, travel insurance and childcare vouchers to name but a few. | These are key when seeking to recruit new employees. People are attracted to a salary that meets their needs and that they feel is worth the job they want to do. It is beneficial if there are attractive benefits to go alongside the annual salary as it encourages motivation and loyalty and good productivity from employees. If the organisation has to withdraw any of these benefits once offered, this can also cause demotivation from employees who may feel that they are not being treated fairly. | The Culture of the Organisation | This is the general feeling of the workforce and the way things are done in an organisation. | If there is a good culture in an organisation, then this can have a positive effect on employees. They...
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...Definition of Stakeholders Stakeholders can be a person, group or organization that has interest or concern in an company/business.Stakeholders can affect or be affected by the company's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees, government owners, suppliers, unions, and the community from which the business draws its resources. A company's customers are entitled to fair trading practices but they are not entitled to the same consideration as the company's employees. An example of a negative impact on stakeholders is when a company needs to cut costs and plans a round of layoffs. This negatively affects the community of workers in the area and therefore the local economy. Someone owning shares in a business such as Aldi are positively affected, for example, when the company releases new products and sees their profit and therefore stock price rise. Aldi Aldi are a German supermarket market chain. Aldi are famous for the quality and value of there products, and from the number of awards they have won, it seems the public agree, They have won the prestigious Grocer of the Year 2013 Award, won a total of eight gold and ten silver award wins at the Grocer Own Label Awards 2014 and eleven awards at the International Spirits Challenge 2014, including a gold award for our Oliver Cromwell London Dry Gin. Aldi use a lot of different types of stakeholders, I am going to talk about those. Customers Customers is a...
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...Short Essay | Diversity in the Workplace | How it can create business related advantages | | Madison Roney: 7660183 | 5/15/2013 | | In modern western society, the diversification of culture has increased dramatically in recent years. With this shift, along with the growing competitiveness of the labor market, corporations have been forced to hire more employees who are not familiar with the spoken language or societal norms present in western culture. Many corporations, as much as 80% according to equity activist Trevor Wilson, consider cultural barriers to be a burden on their managers and fellow employees. As a result, these corporations fail to treat their employees equitably. (Hayes, 1999). One could argue, however, that the diversification of employees within the workplace has various business related benefits such as improved efficiency, bottom line revenue, and relationships formed with co-workers, managers and customers alike. However, to ensure its success, principles of transformational leadership must be used on the part of managers and various challenges must be overcome in order for these benefits to take full effect. This is not the first time in Canada's history where ethnic equality in the workplace has been a subject of interest. In 1993 the New Democratic Party in Ontario, whom was the provincial government at the time, enacted an employment equity law to ensure fair employment opportunities to workers from select minority groups. This legislation...
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...Programme, entitled Water Vision 2025. The Water Vision 2025 projects are expected to generate 16,000 MW of hydroelectricity. Other goals are to prevent water shortages, limit drought and increase water storage for a growing population. Five massive hydropower projects have been announced by the President of Pakistan; these are to be completed by 2016, with a generation capacity of 9,500 MW. Two of the projects are ready for construction, while three are in the stages of feasibility studies and preparation of tender documents.This report analyzes in the detail, the effect of work stress on employees personal life Contents | Page No | Executive summary | 3 | History | 4 | Relationship between employees and management | 5 | How to improve the Employee & Employer Relationship | 5 | How to improve the Employee & Employer Relationship | 6 | How to use employee Relationship management | 8 | Employee benefit program | 10 | The changing employer-Employee Relationship | 11 | Analysis of Employee Questionnaire Response | 14 | Conclusion | 16 | Reference | 17 | Executive Summary WAPDA was established in February 1959 to unify the maintenance of infrastructure previously overseen by provincial agencies. In October 2007, thermal power management was split into the newly formed Pakistan Electric Power Company (PEPCO).WAPDA has formulated a comprehensive $25–33 billion National Water Resource and Hydropower Development Programme, entitled Water...
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...at the start of the employment relationship. The nature of the employment relationship between an organisation and its employees is product of internal and external factors. The employment relationship is the relationship between an Employer and its Employee and the mutual expectations, rights and obligations between them. a. Describe the nature of 2 internal factors * Contract of Employment. The Contract of Employment can highly motivate employees by listing rewards, pay, bonus and/or benefits. Also training and development programmes are reacted to positively by employees wishing to progress in the organisation. * Organisation Culture. This concentrates on the behaviour and morals of the employees within an organisation and controls how employees relate to each other and how decisions are made within that organisation. It gives employees a sense of identity. It makes them feel part of the organisation by making them understand what is expected of them. b. Describe the nature of 2 external factors * Economic Climate. If there is a downturn in the economic climate organisations are less likely to take risk in new ventures and therefore are less likely to be recruiting new employees. * General level of education. There may not be people in the vicinity of the organisation with the level of education required. This may mean employees may have to be recruited from further afield. This will probably mean they have further to travel to work, incurring more...
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...valued members of staff. The management style and employee progression are also internal factors if the company has a positive management style that enables them to build good relationships with the employees and they then recognise people who strive to better themselves and move up within the company will retain staff and create a happy and motivated team especially if they have been recruited after recent redundancies. There are many external factors that can impact on the employment relationship for example the national minimum wage vs the national living wage as an organisation you may decide that paying the national living wage might create a better staff force and attract more talent. Another external factor could be trade unions this could put a strain on the employer/employee relationship if they are not managed properly. STEEPLE is a strategic planning tool that takes into account external factors. Steeple is an acronym for Social, Technological, Environmental, Economical, Political, Legal and Ethical. All these elements can effect a business and its needs. See point 1 Appendix. There are three types of employment status, an employee, a worker or a business/Self-Employed, it is important for each party to understand under which employment status they are employed. Employees have a contract of employment and have a right to Statuary Sick Pay, company...
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...Supporting Good Practice in Managing Employment Relations – 3MER 1.1 Describe 4 factors, 2 internal and 2 external, which impact on the employment relationship There are several external and internal factors that might impact on the employment relationship such as the following examples: External Factors: 1. Given the state of the recession and how it might have affected an organisation’s finances, this has a large impact on the employment relationship i.e. due to cuts there be maybe redundancies, therefore leading to loss of jobs. 2. Another external factor that might impact on the employment relationship is the social impact. Organisations must be able to meet the demands of the business whilst managing the needs of their employees who due to social factors such as family etc. means organisations have to offer incentives such as flexible working, home-working or job sharing and other benefits such as holidays etc. in order remain competitive in order to attract candidates. Internal factors: 1. An internal factor that might impact on the employment relationship is the employment contract. ACAS notes: “A contract of employment is an agreement between an employer and employee and is the basis of the employment relationship”. ACAS also notes “A contract of employment will contain some terms such as: Statutory terms- “imposed, varied or regulated by law such as the minimum statutory notice period”. Express terms: “these are terms that have been specifically...
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