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...KEY FACTORS INFLUENCING EMPLOYEE LOYALTY AT INVESTMENT BANKS Aim The basic aim of the paper is determiningthe key factors influencing employee loyalty at investment banks in today's world.
Objective
The objective of this paper is crucial for investors and bank alike. This is because it is important to evaluate and analyse the level of loyalty of an employee on which the financial security of the customers and bankers depend.
Rationale for the research
The world is in the midst of an all-purpose technological revolution and the human component in this context occupies a huge place from the point of view of security and faith and this is...
6 Pages(1500 words)Essay
...may opt for the holidays in unison, and that this may become an issue, especially during festivals. Proper counseling and the mention of an appropriate clause in the contract will ensure that this plan is implemented soundly. The scheme of holidays may be devised as follows:
Years of Service
Average days per year
2 -5 years of service
11
6 -9 years of service
15
9-12 years of service
18
More than 12 years of service
21
Retirement Plan& Other Associated benefits
This is another employee oriented measure that the management may hope to engage in. Popular schemes include the 401K savings plan and the various voluntary retirement plans.
In a bid to be engaged to the Spa, the management may extended...
2 Pages(500 words)Essay
...Employee Benefits Identify the primary reasons for the growth in employee benefits. The growth in employee benefits has come from the need to retain efficient workers in any organization. The lower the attrition rate, the higher the profits, and the long term prospects for the organization. The rising costs of recruiting the right staff are another reason for the growth in employee benefits. (The Basics of Employee Benefits)
2. Discuss the major issues affecting benefit planning, design, and administration.
The major issues that affect...
4 Pages(1000 words)Essay
...Employees received monetary compensation for the work they perform for enterprises. This is what most people considered the pay employees received for work, but in reality there is a different type of pay which at times has a great impact in the standard of living of employees. This type of indirect pay is called fringe benefits, which is defined as non-salary employee compensation (investorwords, 2007). There are different types of employee benefits, some are mandatory by law while others are offered by the employer to increase the overall compensation package of the employees. Companies also offer these...
3 Pages(750 words)Essay
...IAS 19: Employee Benefits History International Accounting Standards (IAS) emerged in 1975 with publication of IAS 1and 2 on disclosure of accounting policies and valuation as well as the presentation of inventories using the historical cost system (Deloitte 2010a). Thereafter, IAS 3-18 was published between 1976 and 1982. IAS 19 was published in 1983 and has undergone series of revisions and amendments to date. The first publication of IAS 19 in 1983 described how employee retirement benefits are accounted for in the employers’ financial statements. IAS 19 was revised on 1993 and the revision was on review of retirement pension overheads. In 1998 and 2000, other...
6 Pages(1500 words)Essay
...Arbitration in Employee Rights Case Study: Allen Lopez vs ExtremeNet Mamie Borchert Kaplan Chad Brockman HU245-05: Ethics
Arbitration in Employee Rights Case Study: Allen Lopez vs ExtremeNet
Should Allen Lopez be allowed to keep his job with ExtremeNet?
Allen Lopez has proved himself to be a conscientious employee, concerned about discrimination based on age and gender against other lower level employees. This quality in an employee needs to be cherished and encouraged by the management, since the members of most organizations are concerned only with their own rights and privileges, and few would care to fight for the rights of others.
...
2 Pages(500 words)Essay
...among the staff influences employee retention. An individual in a supervisory role may build or fail to build positive relationships through actions entailing fairness, non-discrimination, flexibility, provision of feedback, recognition of effort, provision of support and work-family balance among many other considerations. Managers have to be conscious of the importance of employee relations since they are in a position to influence these relations. For instance, horizontal and vertical violence cause higher levels of turnover in practices such as nursing (Stanley 5).
Employee relations is related to another factor of loyalty and...
3 Pages(750 words)Research Paper
...Employee Benefits and Services Number] [02/02 In order to attract or retain a workforce, organizationneed to offer an incentive that could keep a non-citizen in the firm. One might ask the need to give rewards to a non-citizen equivalent to a citizen including retirement or health insurance plans, the simplest answer to this is they are equally competent, providing the similar services, acquinted with the same skills and hence working with loyalty towards the prosperity of the organisation. After a research, it has been found that the productivity and contribution of a non-citizen is relatively higher than a native US Citizen. The reason behind this is that he/she enters the country with...
1 Pages(250 words)Essay
...Employee Benefits at Richemont Company in Switzerland Question One Richemont Company in Switzerland is the second biggest luxury goods firm globally and eighth biggest according to the Market Index of Switzerland by 2012. The company owns numerous globe’s leading firms in the area of luxury commodity. The company has an efficient code of conduct for its employees with various employee benefits. The company is committed to providing its staffs with safe and healthy working conditions and adherence to its general announcement to Human rights as well as other recognized labor Practice norms. Some of the employee benefits...
5 Pages(1250 words)Assignment
...Employee Benefits Employee Benefits Employees are en d to some benefits that should be offered all along their working periods. Additionally, upon retirement, employees also enjoy some retirement benefits as granted by the employment act. The employee benefit plans are established to provide health benefits, vacation benefits, disability benefits, training benefits, retirement benefits as well as death benefits among other similar benefits. These plans...
2 Pages(500 words)Essay
