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Messages - rahim2008

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My Exclusive interview has been published in the newspaper " The Daily Jugantor"

BBA Discussion Forum / Factors Involved in Premium Calculation
« on: March 20, 2020, 10:48:03 AM »
1. Mortality Rate
          2. Interest Earned
          3. Premium Plans
          4. Contingency
          5. Expenses
          6. Profit
          7. P/V Concept of Money

BBA Discussion Forum / Role of Government about wage scale
« on: March 20, 2020, 10:46:38 AM »
Formulation of policies
Providing recent information
Representing in industrial tribunals
Deliver information
Use evidence-based interventions
Reform of industrial relations policies

1.Focus information
2.Undertake a new audit
3. Promote the work and family
4. Increasing their human capital
5. Adopt market oriented strategies

BBA Discussion Forum / Ways of Declaring Satisfactory Wages
« on: March 20, 2020, 10:45:23 AM »
Simply and easy to understand
Equity and fairness
Union-management agreement
Time standard must be fixed
Reward must be proportional to the effort
Minimum guaranteed payment

BBA Discussion Forum / Types of Industrial Wages
« on: March 20, 2020, 10:44:57 AM »
Subsistence wages
Minimum wages
Fair wages
Living wages

BBA Discussion Forum / Causes of Dissatisfaction Regarding Wages
« on: March 20, 2020, 10:44:15 AM »
Employee’s wages are low. They can not fulfill their physiological need
Employee performs difficult task. They work hard but employer pay too less to them
Labors are faced with irregular employment. There is no job security  of the labors. Employer any time can to terminate labor’s job.

BBA Discussion Forum / Factors Determining Amount of Wages
« on: March 20, 2020, 10:43:33 AM »
Collective bargaining
1 Company ability
2 Labor market
3 Relative work of the job
4 Changes in price level
6.Government legislation
7. State of competition
8. Ability of workers
9.Nature of work
10. Working time
11. Facilities of the jobs

BBA Discussion Forum / Types of Employee Rewards
« on: March 20, 2020, 10:41:37 AM »
Intrinsic versus extrinsic rewards
Financial versus non-financial rewards
Performance –based versus membership –based rewards

BBA Discussion Forum / Objectives of Compensation
« on: March 20, 2020, 10:41:00 AM »
To attract and retain competent employees
To improve morale, motivation and productivity
To develop and maintain fair wages structure
To control cost
To minimize grievances
To reduce subjectivity and favoritism

BBA Discussion Forum / Problems of Compensation
« on: March 20, 2020, 10:40:25 AM »
Frequent change
Market condition
Union pressure
External influence

BBA Discussion Forum / Automobile Accident
« on: March 20, 2020, 10:39:10 AM »
Once automobile accident was considered as a particular risk.  But now-a-days, automobile accident is considered as a fundamental risk. Because car accident is occurred not only the fault of driver but also many other causes are related with the car accident such as poor traffic rules, narrow of a road etc.

BBA Discussion Forum / Industrial Accident
« on: March 20, 2020, 10:38:48 AM »
Once industrial accident was considered as a particular risk.  But now-a-days, industrial accident is considered as a fundamental risk. At present, industrial accident is occurred not only the fault of employees but also many other things are liable for occurring the industrial accident. Industrial accident can never be eliminated but it can be reduced.

BBA Discussion Forum / Unemployment
« on: March 20, 2020, 10:38:21 AM »
Once unemployment was considered as a particular risk.  But now-a-days, unemployment is considered as a fundamental risk not as a particular risk.

BBA Discussion Forum / Meaning of Hazard
« on: March 20, 2020, 10:37:45 AM »
Risk is also confused with hazard. Hazard is the condition that increases the likelihood of loss. Hazard is two types. Such as follows:

             1. Physical hazard
             2. Moral hazard

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