Let share ur relationship with ur boss. Let us know .........
Friday, October 31, 2014
Let share ur relationship with ur boss. Let us know .........
Tuesday, October 28, 2014
The goal of a human resource manager is to strengthen the employer-employee relationship.
This goal is supported by a variety
of functions within the human
resources department and
throughout the organization. In a
small business, the human
resource manager may have a
great degree of latitude, as well as
the time to devote to employee
interaction with a small workforce.
Both of these are key elements of
an effective human resources
leader, although she must
accomplish a number of functions
to achieve this goal.
The manager of the human
resources department is
responsible for ensuring that
department employees are well-
versed in their areas of expertise.
The various disciplines of HR
require expertise in compensation,
benefits, safety, payroll, recruiting
and training. Ideally, the human
resource manager is a generalist,
which means his expertise is
cross-discipline. An article on the
All Business website titled
“Should Your Office Manager Also
Handle HR Duties?” cautions
small businesses to reconsider a
decision to combine two roles into
one, such as the office manager
and the human resource manager.
“A thousand things can go wrong
if this individual is not aware of
the potential liabilities inherent in
Managing the human resources department also requires
knowledge of federal and state employment and labor laws
and regulations that apply to human resources professionals. For example, the human resource manager will designate the HIPAA (Health Insurance Portability and
Accountability Act) officer in charge of all medical and health-related records for the workplace.
An effective human resource manager is in constant
communication with executive leadership. The HR department is not a revenue-generating source.
Consequently, it is important for an organization’s leaders to understand the return on investment (ROI) in human resources activities as a contribution to the company’s
bottom line. In a small business, the ROI may be more readily seen than in a large conglomerate. The human
resource manager for a small business, and thus a smaller
workforce, can easily implement methods and strategies that may show faster results. The bureaucratic hierarchy of a large organization often puts many more layers of
authority between the human resource manager and executive leadership.
A human resource manager who stays in her office all day will not be effective at building strong relationships with employees. Another function of the human resource manager is to gain the trust and confidence of employees--
the best way to establish trust and confidence is through daily interaction with the workforce. According to the U.S.
Bureau of Labor Statistics, “Human resources occupations require strong interpersonal skills.” Again, with a smaller workforce, the results of an HR manager's interpersonal skills may be seen more quickly than in a large organization. Employee relations is a large part of the human resources manager’s job function, because employee concerns encompass a wide range of issues over which the manager has influence. The human resource manager is the “face of HR” and therefore relied upon to be
both human resources expert and employee advocate.
Wednesday, March 26, 2014
Inflation Indexed Bonds (IIBs)
IIBs will provide inflation protection to both principal and interest payments. Inflation component on principal will not be paid with interest but the same would be adjusted in the principal by multiplying principal with index ratio (IR). At the time of redemption, adjusted principal or the face, whichever is higher, would be paid. Interest rate will be provided protection against inflation by paying fixed coupon rate on the principal adjusted against inflation.
capital protection will be provided by paying higher of the adjusted principal and face value (FV) at redemption. If adjusted principal goes below FV due to deflation, the FV would be paid at redemption and thus, capital will get protected. The consumer price index (CPI) reflects the inflation people at large face and therefore, globally CPI or Retail Price Index (RPI) is used for inflation target by the Central Banks as well as for providing inflation protection in IIBs.WPI series is being revised after every 10 or more years.WPI series is being revised after every 10 or more years Extant tax provisions will be applicable on interest payment and capital gains on IIBs. There will be no special tax treatment for these bonds. IIBs would be Government securities (G-Sec) and the different classes of investors eligible to invest in G-Secs would also be eligible to invest in IIBs. FIIs would be eligible to invest in the forthcoming IIBs but subject to the overall cap for their investment in G-Secs (currently USD 25 billion). As IIBs are G-Sec, they can be tradable in the secondary market like other G-Secs. Investors will be able to trade them in NDS-OM, NDS-OM (web-based), OTC market, and stock exchanges.
The RBI in consultation with government had launched the bond in December. Earlier, the bond was open for subscription during December 23-31, but was later extended to March 31.
Interest rate on the bonds are linked to Consumer Price Index (CPI).
These securities will be issued in the form of Bonds Ledger Account (BLA).
Tuesday, March 25, 2014
Top-down research starts by thinking about the big image of the economy. Top-down investor invest time in analyzing at macroeconomic variables e.g. GDP growth rate, interest rates, inflation, flows, market valuations etc, as the state of the overall economy & valuations play a big role in the investment decision. The investor then tries to identify sectors that will perform better than others, and looks for opportunities in these sectors first. For example, if an investor believes that interest rates are going to come down in the coming months, he would like to identify sectors which will be positively impacted by the rise in interest rates, e.g. real estate, auto. He would then pick out the best performing stocks in that sector and add them to his portfolio.
Bottom up investing is all about the detail, or the small image of the economy. The stocks are chosen based on their valuations and the growth potential, profitability, growth and image of the company, instead of looking whether the company is in the right sector or not. A bottom up investors looks at company specific factors: market size, competitive position of the company, sales, earnings, expected future earnings and balance sheet of the company before deciding whether or not to invest. A bottom investor would study variables like price to earnings ratio, any debt or net cash the company has and its dividend yield. A bottom up investor would be unlikely to be swayed by economic conditions, instead focusing on whether a particular company offers good value and can potentially generate good returns over a period of time.
Like with all investing, it’s important to diversify. You can use whichever approach appeals to you the most, or a combination of the two. For instance you could use the top down approach to focus on a particular industry which interests you and which you believe is likely to outperform. Once you’ve decided on a sector, you can use the bottom up approach to decide which company is likely to give you the best value for your money. This is a great way to seek out a company which may not be well known, but which is performing well in its industry.
Monday, March 24, 2014
- Identification numbers
- Passport ID
- Voters ID
- Date of birth
- Records of all the credit facilities availed by the borrower
- Past payment history
- Amount overdue
- Number of inquiries made on that borrower, by different Members
- Suit-filed status
- Income/Revenue details
- Amount(s) deposited with the bank
- Details of borrowers' assets
- Value of asset(s) mortgaged
- Details of investment(s)