The roots of both job analysis and job evaluation can be traced to _____.

A. Frederick Taylor
B. Karl Marx
C. Adam Smith
D. Ronald McFreyer

sadaram

over 6 years ago

Introduction to Business Management

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Why studying Decision Analysis leads to better decisions?

I have studied both about Decision making and decision analysis. Please explain their relation and provide reasons.

anarghya

over 13 years ago

Human Resource Management

Kindly tell me about the concept of Job analysis and job evaluation.

I was wondering , please tell me about the concept of Job Analysis and Job evaluation.

anushay

almost 8 years ago

Corporate Finance

Evaluation of employee group housing offer

A Pharma company has recently recruited 4 scientists at an average age of 27 and is looking to develop quite a few pharmacological formulations. With a view to retain them the company proposes to offer a housing scheme to them on the following terms and conditions:

The number of beneficiaries will be four in number
The total cost of purchasing apartments will be Rs.1 crore
PNBHFL offers an 18 year term @ 9.00% interest and HDFC offers 15 years term @ 8% interest.
The company will pay the housing finance company on an EAV basis.
A Down payment of 5% of the cost of the apartment has to be made and recoverable from the employee in 24 installments. The upfront payment will be made by the company.
In case of availing the loan from HDFC, 50% of the EAV will be recovered from the employee on a monthly basis and in case of availing the loan from PNBHFL 45% will be recovered from the employee. The option of choosing the service rests with the company only.
Assume a 6% accrual on the deductions taken from the employee under either option with quarterly compounding.
Assume that employee deductions happen on the first day of the month and housing loan payments made by the company happens on the last day of the year.
The housing loan is offered on a fixed interest basis and EAV will not change.
Assume the individual apartments are of equal value.

PVIFA 18, 9= 8.76 PVIFA 15, 8 = 8.56 You are called upon to do the following:

Calculate the two EAV options and choose the best one.
Calculate monthly deduction of each employee under the two options
Calculate the accumulated maturity value per year inclusive of compounded quarterly interest.
Calculate the EAV differential borne by the company a. on annual basis b. over the tenor.

Hints for developing the solution A. Develop loan amortization tables for 1 person for both loan options B. Deduct the appropriate employer contribution in annual value- (eav )and divide by 12 to get monthly emi C. Calculate effective rate of interest for quarterly compounding of emi deducted D. Calculate annual realization of investment (multiplied) by 4 and compare with best option EAV

country.side

over 13 years ago

Economics

"Demand and supply analysis predicts that a rise in the price of digital cameras will: "

"a. raise both the equilibrium price of digital memory cards and the equilibrium quantity of digital memory cards sold. b. reduce both the equilibrium price of digital memory cards and the equilibrium quantity of digital memory cards sold. c. raise the equilibrium price of digital memory cards and reduce the equilibrium quantity of digital memory cards sold. d. reduce the equilibrium price of digital memory cards and raise the equilibrium quantity of digital memory cards sold. "

ubimaiorminorcessat

over 13 years ago

United States Philosophy

Why do Friends mean so much to us?

"Here is a quote: ""There is nothing better than the encouragement of a good friend. "" (Katharine Butler Hathaway) I am an only-child and both my mother and step-father had family issues. I never felt that I had any roots. Friendships have always meant a lot to me. Sometimes I almost feel like I cannot have enough of them. Does anyone else feel that way? Your thoughts...."

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