This website uses cookies to ensure you have the best experience. Learn more

Effective Business Management Practices Essay

709 words - 3 pages

Personnel policies are directives in terms of policies, which the company formulates to effectively manage its workers. Ideally, the policy outlines the relationship between the employer and the employee. The rules, requirements and other benefits, which the workers accrue, depict the firms’ values and goals in business. A non- profit making business is one such value. The policies will stipulate the hours of work, vacations, and breaks during working time and most importantly, the amount of money the worker is entitled to per annum. The chain of command is a feature too. The personnel policies will cater for the safety and well-being of the worker therefore improving the productivity. An example of personnel policy will include work schedule, hiring procedures, staff orientation, compensation and benefits and payroll information, disciplinary action, grievance and separation, performance appraisal and other supplementary information.

The hiring procedure should, communicate (in detail) what the company will need as information and the procedure, which the company will use to advertise for any posts that are vacant. This will include for example the job description, content expected in the application, referees, legal requirements, interview and notification process and the terms of the contracts.

Staff orientation will deal with helping the new staff to be familiarized with the company. The orientation should be both in written and communicated verbally to ensure that all the staff understand what is required of them. The presentation should be made and the employee each given a copy of the document. Questions after the presentation are very crucial and appropriate answers given with frequent reference to the policy document. The staff should sign an attendance form to reinforce the need to participate in the activities. Follow ups afterwards help in making sure that the workers are in tandem to the objectives of the company.

Employee benefits and compensation is a very sensitive part of the policy. It should outline the entitled salary of each employee. This should be in accordance with the laws governing the allocation of salaries. It should also include health and insurance, holidays, vacation time, sick and personal leaves not forgetting salary increments and retirement and layoff schemes....

Find Another Essay On Effective Business Management Practices

Effective Educational Practices Essay

2419 words - 10 pages for all educators (p2). In order for educational discrepancies to be corrected, educators must develop and deepen their skill set about the research approaches that can be used to bring reliability and validity to any program being utilized by our educational systems. Everyone must become aware of all the scientific research available so effective educational practices can be put into action (Lodico, Spaulding, & Voegtle, 2010). Therefore

Providing Effective Assessment Practices to Trainee Design Engineers

2633 words - 11 pages Providing Effective Formative Assessment Practices to Trainee Design Engineers Formative Assessment It has been widely accepted that the use of formative assessment practices enhances the students’ learning. Recently, Cizek [1] referred formative assessment as a collaborative processes engaged in by educators and students for the purpose of understanding the students’ learning and conceptual organization, identification of strengths, diagnosis

To explore effective practices to use at home to involve illiterate mothers in their children’s emergent literacy development in disadvantaged com

676 words - 3 pages Statement of the Research Problem The rural environment could be unfavorable to a child’s education, as parents in rural areas are often disadvantaged because they live in poverty and lack adequate, formal school education, which frequently results in them having low literacy skills. “Literacy is a powerful force in the economic and political empowerment process; it is also of particular importance for alleviating poverty that exists amongst the

What is talent management and is it likely to be an effective HR approach within organizations

1059 words - 5 pages management part 1: Understanding the opportunities for success. (2008 July). IBM Institute for Business Value. Available online at Cited in Wellins, R.S, Smith, A.B, Erker, S (2012) Nine Best Practices For Effective Talent Management. Retrieved 20th March from Khatri, P., Gupta, S., Gulati, K. and Chauhan, S. 2010. Talent

performance management

1660 words - 7 pages practices cover three categories: high employee involvement practices, human resource practices, and reward and commitment practices (DTI, 2006). Although the case study does not outline the full range of practices used by organisation X it demonstrates that the organisation is using appraisal system, which is one of the elements of human resource practices. For the business to be high performing organisation there need to be an effective way of

International Financial Management: BHP

1862 words - 8 pages Surname PAGE \* MERGEFORMAT 1 International Financial ManagementIntroductionThe management of a business organization is mandated with the responsibility of ensuring that the business organization adopts the necessary management practices in order to achieve increased performance. In the cause of business activities, business organizations come across different risks including financial risks. The financial risks in a business organization are

Database Systems

924 words - 4 pages Introduction Effective implementation of strategic plan is a critical task for the management. Before the implementation of this plan, it is essential for the business personnel to collect pertinent information about the strategic plan. In this concern, various database systems have been introduced. For effective management of the staff functions and line functions as well as execution of strategic plan, the company should make use of the data

Impact of HRM Practices on Health Care Workers' Perceived Performance in Pakistan

3065 words - 12 pages Abstract The success of any business organization, in the challenging environment of the new millennium, lies in the effective human resources management (HRM) practices. Effective HRM practices can develop a strong healthcare delivery system by effective team of Health Care Workers, which ultimately guarantees the success of any health care business organization. Human resources practices in health sector are a complex area, specially in the

Recognizing and Avoiding Unfair Labor Practice

992 words - 4 pages taking place within an organization is thoroughly educate both management and employees on the ramifications of unfair labor practices, as well as the different forms that these practices can take place. This could take place during the standard management training, employee training, and/or orientation which would be an efficient and effective means by which to provide necessary information. Let look at three scenarios and answer two critical

Performance Measurement Systems in Business

592 words - 2 pages (Tapinos & Dyson, 2005) for achievement of sustainable business success. Without this information and understanding, organizational strategies will not be in configuration with or effective in the business environment. Performance measurement is a multifaceted management tool that centres on how a business generates value. Performance measurement systems are used to reinforce the behaviours required for business success as well as for achieving

Disparity of Consumer’s Perception and Brands’ Sustainable Practices

928 words - 4 pages social and environmental sustainability issues in the clothing industry can includes encouraging sustainable clothing consumption, better employee working conditions and wages, limited ause tion of pesticides, use, and disposal of used garments (Goworek et al., 2012). However, companies are reluctant to share information about sustainable business practices due to consumer the misperception, on the part of consumers, ofmisperceptions that

Similar Essays

Are United States Business Laws Effective At Promoting Fair Business Practices

878 words - 4 pages remain relevant and effective within the constantly changing global economic marketplace. The United States has a long history of ensuring fair and balanced business practices through legislation. The Interstate Commerce Act of 1887, began a shift in the economy from state commerce regulation to a national overall system of business practices. This act created the Interstate Commerce Commission which was the first independent regulatory agency of the

How Effective Are 'cultural' And 'ideological' Perspective In Helping Us To Understand The Distinct Features Of National People Management Practices

2641 words - 11 pages The concept of HRM emerges in the USA in the 1980's. The term has been used before for over fifty years as an alternative name for personnel management. It is then not a new concept; it is a rethink of approaches toward the management of people. HRM took on a new connotation significantly different from traditional personnel management. It was identified with a strategic approach, linking the management of people to the achievement of business

How Do The Main Functional Areas Of A Business Interact And Contribute To Its Effective Management?

1664 words - 7 pages 'How do the main functional areas of a business interact and contribute to its effective management?'The main functional areas of a business are marketing, human resource, finance, information systems and production. All these interact with each other in different ways but all contribute to effective management. Management would not be completely effective if one of the above areas are missing. They are all needed in different ways to make sure

Effective Communication Practices Essay

1441 words - 6 pages Effective Communication Practices Communication is defined as “the transfer and understanding of meaning” (Robbins & Judge, 2013) and is the foundation of every relationship. There are four main reasons for communication in business. They are to control, motivation, emotional expression and information (Robbins & Judge, 2013). Without effective communication the sharing of ideas, information, feelings and questions cannot be completed. There is