Employee Compensation and Benefits. Senior Secretary at Capital Nursing Home Limited (CNH)

Introduction Employee compensation and benefits characterize an investment from which an organization derives value. In this regard, it is imperative for the company to manage this investment in line with the overall organizational strategy as opposed to writing it off as an expense.Advertising We will write a custom case study sample on Employee Compensation and Benefits. Senior Secretary at Capital Nursing Home Limited (CNH) specifically for you for only $16.05 $11/page Learn More In view of hiring the new senior Secretary for Capital Nursing Home Limited, it is important to design and implement a compensation and benefits plan that will not only attract competent candidates, but also ensure that the company receives the best service from the employee attributed to motivation (Kouzes Posner, 2012). This will ensure that the company retains skilled and competent employees thus reducing the rate of employee turnover (Massey Gary, 1992). Senior Secretar y Total Compensation The following is the proposed personalized compensation plan for the Senior Secretary at Capital Nursing Home Limited (CNH). The proposal indicates the contributions CNH will make towards the Total Compensation package. The proposal demonstrates that the value of the employee’s benefits augmented with the annual salary and provides the total compensation. This is to illustrate to the employee how much his/her service is valued at CNH. Senior Secretary Job Description The Senior Secretary will have the responsibility for the general supervision specifically in assisting all tasks associated with systematic operations of the physician practice. The secretary’s duties will include receiving phone calls in a pleasing and receptive manner and direct the calls suitably (U.S. Equal Employment Opportunity Commission, 2013). Qualifications The position for Capital Nursing Home Senior Secretary entails standard secretarial responsibilities. In addition, it r equires the creation of rapport among the company departments for organizational efficiency, handling of petty cash and other minor duties. The potential candidates SHALL meet the qualifications outlined below to be considered eligible.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The position needs two (2) years of secretarial training in a recognized institution or completion of secretarial training or equal business knowledge, skill and familiarity. The candidate MUST possess at least three years of experience in related field. A Bachelor degree in relevant fields is desirable. The candidate must be computer literate with an International Computer Driving License and have the capacity to type 55-65 words per minute. Domestic Compensation and Benefits Remuneration The successful candidate for the position of Senior Secretary shall receive a competitive package that includes compen sation and benefits. The initial annual base pay is $40,000. Other cash benefits (Annual bonus) will total to $1,200 while the company paid benefits will sum to $18,940. The total compensation for the new senior secretary is $60,140 annually. The breakdown for the remuneration is as indicated below. Benefits The total annual benefits for a senior secretary as paid by the company amount to $20,140. These include $18,940 Company-Paid Benefits and $1,200 Annual Cash Bonus. Insurance Benefits Insurance is essential as it covers the employee against most workplace mishaps (Guo Burton, 2010). Retirement Benefits The company shall contribute towards the senior secretary’s retirement benefits. Time Off benefits The company shall pay the secretary $3,538 as personal time off benefits. Mandated Benefits The company shall meet its legal requirements according to the Federal Law by paying the following towards the secretary’s benefits (All amounts in dollars). Federal Unemploymen t is $56; State Unemployment is $184, and Worker’s compensation 1,512. All these amount to $1,752.Advertising We will write a custom case study sample on Employee Compensation and Benefits. Senior Secretary at Capital Nursing Home Limited (CNH) specifically for you for only $16.05 $11/page Learn More Special Benefits It is important for the candidates to note that the corporation exclusively contributes towards this. In fact, this is to ensure that the senior secretary performs his/her duties conveniently for self and company performance, growth and development. These benefits encourage employees to work harder, commit to duties and be loyal to the institution (International Society for Performance Improvement, 2013) Total Compensation Package CNH as a competitive employer offers its employees competitive packages to ensure it retains the most competitive workforce in the healthcare industry. The total compensation package for the position of Sen ior Secretary includes the base pay ($40,000) and the company-paid benefits and cash ($20,140). This amounts to the total annual compensation of $60,140. The company-paid benefits represent 68 percent of the senior secretary’s total benefits. The company-paid benefits and the annual cash bonus represent an extra 50 percent of the secretary’s base pay. Additional Company Perks Basically, perks by the company initially include coffee services, company picnics, team bonding and annual holiday retreats (Krueger, 1990). Additional perks shall be given upon the evaluation of the secretary performance and negotiations with the human resource manager. Benefit Perspectives In order for the company to retain its competitive edge, it is critical to be creative in view of the benefits (Schneider, 2008). It is imperative to present employees with improved access and value of the benefits. The company should ensure that it allows the secretary to access the benefits immediately they are hired (SHRM, 2013). Indirect non-financial compensation The culture of CNH will be contributed to by the employment structures including the compensation rewards system. It is imperative to ensure that the program aligns with the company strategic goals (Stewart Brown, 2012). Recent research indicates that the contemporary changing and increasingly competitive healthcare industry’s inventiveness and flexibility draws and maintains highly skilled and competent workforce including expatriate (Burns-Green, 2013).Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Conclusion Contemporarily, it is a prerequisite for companies to reward employees for new ideas, superior performance and creativity for them to be innovative in a way that will help the company achieve its organizational strategic goals. This will be attained by putting in place a compensation and benefits program that reflects the changing economic times and the need for companies to attract and retain highly skilled employees. In order to retain employees for a long period as opposed to recruiting new workforce frequently, the company should offer annual bonuses. It is also plausible to tie the salaries to the tenure of employment. References Burns-Green, C. (2013). Consistent flexibility- The challenges of managing expatriate benefits. Benefits Magazine, 1(3), 12-19. Guo, X. Burton, J. (2010). Worker’s compensation: Recent developments in moral hazard and benefit payments. Industrial and Labor Relations Review. 63(2), 340-355. International Society for Performance Improv ement (2013). General format. Web. Kouzes, J., Posner, B. (2012). The leadership challenge: How to make extraordinary things happen in organizations. San Francisco, CA: Jossey-Bass. Krueger, A. (1990). Incentive effects of workers’ compensation insurance. Journal of Public Economics. 41(1), 73–99. Massey, R. Gary, L. (1992). Compensation packages for farm employees. Web. Schneider, J. (2008). Recent court decision sheds new light on ERISA’s top hat plan exemption. Journal of Financial Service Professionals, 1(2), 34-37. Stewart, G. Brown, G. (2012). Human resource management. Danvers, MA: John Wiley Sons, Inc. SHRM (2013). General format. Web. U.S. Equal Employment Opportunity Commission (2013). General format. Web. This case study on Employee Compensation and Benefits. Senior Secretary at Capital Nursing Home Limited (CNH) was written and submitted by user Samara C. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

List of Poisons and the Relative Toxicity of Chemicals

List of Poisons and the Relative Toxicity of Chemicals This is a list or table of chemicals that can kill you. Some of these poisons are common and some are rare. Some you need in order to live, while others you should avoid at all costs. Note that the values are median lethal values for an average human. Real-life toxicity depends on your size, age, gender, weight, route of exposure and many other factors. This list just offers a glimpse at a range of chemicals and their relative toxicity. Basically, all chemicals are poisonous. It just depends on the amount! List of Poisons This table is organized from least deadly to most deadly: Chemical Dose Type Target water 8 kg inorganic nervous system lead 500 g inorganic nervous system alcohol 500 g organic kidney/liver ketamine 226 g drug cardiovascular table salt 225 g inorganic nervous system ibuprofen (e.g., Advil) 30 g drug kidney/liver caffeine 15 g biological nervous system paracetamol (e.g., Tylenol) 12 g drug kidney/liver aspirin 11 g drug kidney/liver amphetamine 9 g drug nervous system nicotine 3.7 g biological nervous system cocaine 3 g biological cardiovascular methamphetamine 1 g drug nervous system chlorine 1 g element cardiovascular arsenic 975 mg element digestive system bee sting venom 500 mg biological nervous system cyanide 250 mg organic causes cell death aflatoxin 180 mg biological kidney/liver mamba venom 120 mg biological nervous system black widow venom 70 mg biological nervous system formaldehyde 11 mg organic causes cell death ricin (castor bean) 1.76 mg biological kills cells VX (nerve gas) 189 mcg organophosphate nervous tetrodotoxin 25 mcg biological nervous system mercury 18 mcg element nervous system botulinum (botulism) 270 ng biological nervous tetanospasmin (tetanus) 75 ng biological nervous system Poisons: Lethal vs Toxic Looking at the list of poisons, you might be tempted to think lead is safer than salt or bee sting venom is safer than cyanide. Looking at the lethal dose can be misleading because some of these chemicals are cumulative poisons (e.g., lead) and others are chemicals your body naturally detoxifies in small amounts (e.g., cyanide). Individual biochemistry is also important. While it might take half a gram of bee venom to kill the average person, a much lower dose would cause anaphylactic shock and death if youre allergic to it. Some poisons are actually necessary for life, such as water and salt. Other chemicals serve no known biological function and are purely toxic, such as lead and mercury. Most Common Poisons in Real Life While its unlikely youll be exposed to tetrodotoxin unless you eat improperly prepared fugu (a dish prepared from pufferfish), some poisons routinely cause problems. These include: Pain medicine (over the counter or prescription)Sedative and antipsychotic drugsAntidepressantsCardiovascular drugsHousehold cleaners (particularly when they are mixed)Alcohol (both grain alcohol and types not intended for human consumption)PesticidesInsect, arachnid, and reptile venomAnticonvulsantsPersonal care productsWild mushroomsFood poisoning

How Globalization has strengthened the Hands of Businesses over Essay

How Globalization has strengthened the Hands of Businesses over Industries in Developing Nations to the Failure of Environmental Policies on Global Warming - Essay Example Globalization has set in and there is a worldwide movement towards financial, economic, communication and trade integration. There is a universal opening of local and nationalistic outlooks to broader perspectives of an interdependent and interconnected world. This has enabled free transfer of goods, capital and services across all national frontiers. Despite the immense advantages that globalization of business operations across the world has caused, there are a number of negative externalities if exercised indiscriminately. Other than having worrying impacts on economic development of some economies, globalization has created implicit, negative pressure on environmental sustainability. This work looks at the intricate relationship that globalization has in strengthening the hands of businesses over industries in developing nations to the failure of environmental policies to keep up with the challenges of global warming. Due to globalization, small firms in the developing world have broken free from the bounds of industries they fall under in their countries of origin. The neo-liberal idealism that business premises have embraced since its proposal by classical liberals like David Ricardo and Adam Smith has changed the business perspectives both in the developed and developing economies in a mega way. Since the 18th Century, long before the current state of globalization of economy, neo-liberal ideal has created a self-regulating market (Sliwa, et al., 2000). The difference between the times in the 18th Century and the 21st century is that the degree of embracing neo liberal economy by enterprise and individuals. The laissez faire markets that have been created by the aspect of economic globalization has created freelance of firms. The extent to which the industry has control over the activities of businesses under it is curtailed and limited. In the long run, there are challenges in regulation and i mplementation of policies intended to create sanity in the businesses’ operations. Before globalization took root to the extent it has presently, industries acted the same position monarchs performed in the earliest economic developments. Industries have for a long time presided over the mercantilism duty of monarchs who exercised close to complete control over the earliest economies. Whereas monarchs did this control of economies and all governance factors by amassing large quantities of gold for bellicose purposes, industries perform market regulation by instituting and implementing laws and regulations. The regulations and legal guidelines are geared towards keeping the firms operating in a particular industry in check. In the contemporary world, there is greater need for businesses to portray responsibility in the face of numerous environmental challenges. Developing countries have suffered most due to cases of global warming although they have contributed the least in cr eating the global menace. Economic growth in developing countries has incessantly become faster and the amounts of emissions make it necessary for the nations to strategize on the means of reducing emission of greenhouse gases. Using the current projections, the developing countries will contribute to over half of the greenhouse gases produced in the world if not controlled (Bergita, 2012). Despite the bleak projections, the developing countries have several strategic alternatives where benefits outweigh costs.