Friday, February 28, 2020

Human Resource Essay Example | Topics and Well Written Essays - 4250 words

Human Resource - Essay Example The issue of job satisfaction has been studied in connection with the disciplines such as economics, psychology, management science and sociology .A good employer is one who would ensure that his employees are satisfied because satisfaction is closely related to their labor market behavior such as quits, productivity and absenteeism. Research shows that job satisfaction predicts if an employee will quit just like in case of wages .It is therefore imperative to study the determinants of job satisfaction. In this study focus will be an aspect of job satisfaction with age, degree in the field of study and the educational level of employment of persons working in different sectors of the economy (Clark et. al). There have been different attitudes of people towards job satisfaction in International Business Machines Corporation (IBM). Researchers have indicated that job satisfaction is affected by the factors like educational factors for example degree status, situation factors for example workplace situations and biological factors like age. Employees in this company give varying results on job satisfaction. They claim that the companies do not have a good pay master and annual appraisal. This stud Purpose and objectives of the study This study is trying to determine how age and education level are related to the level of job satisfaction of employees in this company. The research proposal is based on some crucial questions which will be a guide to the research. Research Questions. 1. What is the overall job satisfaction for employees working in the Human Resources Department 2. What degrees of satisfaction do the employees of International Business Machines Corporation (IBM) with factors raised on job satisfaction 3. What is the relationship between job satisfaction and variable factors such as field of study at college, educational levels and age Significance of the study The humanitarian aspect is one angle that helps people to look at job satisfaction in detail. All employees regardless of the level in which they are should be treated well and respected as it contributes to their wellbeing. From the utilitarian aspect, job satisfaction may affect how employees behave and this may have either positive or negative effects on productivity depending on how a worker feels when they are being treated. Scope and limitations The study will focus on the workers who are at the human resource department. The sample size

Wednesday, February 12, 2020

How the financial crisis will affect the ship repair yards and Article

How the financial crisis will affect the ship repair yards and shipping business - Article Example A typical argument put forward by shippers is that cyclical fluctuations in the shipping industry are typical because booms are followed by recessions. However the current financial crisis in the world has affected the industry so badly. Demand factors such as prices of other goods, production costs, demand for those other goods and the availability and the cost of finance have played a very significant role in the current decline in demand for shipping and freight services, including the decline at shipping yards for repairs. (Guironnet, Peypoch & Solonandresana, 2009). On the other hand supply factors are determined by the demand for shipping and freight services along with the prevailing interest rates. Suppliers went on accumulating excess capacity by ordering new ships and containers to meet the rising demand then. However the demand trend did not continue as was anticipated. The financial crisis has hit hard not only ship repair and building yards but also all connected services as well. Shippers in North America, Europe and Asia have been hit so hard by it. For instance the contracted tonnage of containerized cargo has declined by several millions of cubic feet. The annual decline has been one of the worst that industry has witnessed in the past. According to industry watchers there would be a further fall in demand for containerized cargo shipping till a few more months have lapsed. The existing contractual obligations are less likely to be honored by the buyers because losing what has already been paid is better than taking charge of a new or a repaired ship which would not be put in to service in the foreseeable future. The current financial crisis is inevitably the result of the global economic downturn. As early as 2008 the first major signs of a global economic crisis were seen though shippers did not pay heed to advice by economists that the crisis would engulf the