Make Your Business Relations Strong with Corporate Governance

Corporate governance refers to the way through which an organization is directed and controlled in order to achieve its strategic and operational goals. Basically, it ensures a high standard of accountability at all levels of the organization. It is all about the management of business styles, monitoring and controlling business activities of a business organization, its accountability to stakeholders and the degree at which stakeholders can influence the decisions made by the company's representatives. It has certain learning styles through which it directs and controls the company's management, functions and work efficient.

Actually, its concept regulates the boards and manages the running of an organization by its executives, the way company’s board members are accountable to shareholders and also the company. This feature creates a direct influence on company's perspective, its accountability and responsibility towards all their stakeholders, together which also include company’s workers, shareholders, and customers alike. Superior governance plays a crucial role in strengthening the integrity and potency of monetary markets for the organization. It takes the shape of many correlated and interrelated business activities which influence and control whole business process of an organization. And also defines accountability of the organization internally as well as externally at all levels of business management.

It is a system that protects and facilitates shareholder rights within the organization. This system should facilitate equitable treatment to all their shareholders, including minority and foreign shareholders. Its basic concept is to recognize the rights of their stakeholders established by law or mutual contract and encourage co-operation between the corporate and its stakeholders to create value for the organization. The corporate governance of an organization should review their employees' salary, bonuses, and their performance-based long-term incentive compensation such as share options. In addition to this with the help of various online websites available on the internet today it would have become very convenient for you to know about it. With the help of these websites you can understand very well the business strategies of an organization. These online sites with their team of experts are always available at your service in case if you need their personal advice. Thus, with the help of these online websites get ready to experience the positive change in your organization.

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Academic and Creative Writing Journal Vikram Karve: GRIEVANCE REDRESSAL MECHANISM – 7 ATTRIBUTES - HUMAN RESOURCE MANAGEMENT IN A NUTSHELL

Academic and Creative Writing Journal Vikram Karve: GRIEVANCE REDRESSAL MECHANISM – 7 ATTRIBUTES - HUMAN RESOURCE MANAGEMENT IN A NUTSHELL: MPLICITY

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Industrial Relations: The Best Opportunity On Your Way

Industrial Relations

Industrial relations cover all such relationships which a business enterprise maintains with many sections of the society such as workers, state, customers and public who come into its contact. Simply put, it refers to all kinds of relationships between employer and employees, trade union and management as well as works and union. It also includes all kinds of relationships at both formal and informal levels in an organisation. With this one seeks to study how people can get on together at their work place, what difficulties can arise between them and how their relations including wages and working conditions are regulated.

Now let’s discuss some of its significance in detail.

1.     It helps in settling down the employee's problems through collective bargaining, mutual cooperation and mutual agreement amongst the parties that is management and employees' unions. It also helps in establishing the democracy within the organisation that can motivates them to contribute their best to the growth and prosperity towards their organisation.

2.      It also contributes in the economic growth and development of the organisation. It leads to increase the efficiency and hence higher productivity and income. 

3.     It also helps to maintain good and harmonious sense of belongingness and group-cohesiveness among workers. It creates congenial environment which result in less industrial unrest, grievances and disputes. 

4.      It helps in improvement of cooperation, team work, performance and productivity of an organisation. And hence help in taking the full advantages of modern inventions, innovations and other scientific and technological advances.

Moreover, with the help of plenty of online websites you can easily know more about industrial relations. With these online sites you can know the strategies and management through which you can create healthy and prosperous environment in your organisation so that you can work freely with your employees. These websites with their 24x7 availability are always there to give you right advice and proper guidance. These online sites with their team of professionals are the most reliable sites for many visitors. Thus, we can say that with the help of these online websites you can maintain harmonious as well as all sorts of relationships between the employers of your organisation.

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HR Policy Development – A Key to Succes

Success of any company is largely depended on its employees. It is the productivity of the employees that enables the company to shine. A company should understand that labors are their most valuable asset and their welfare is very important. If a company is able to identify the needs and requirements of their employees, they will not face any hindrance in their success. A company should be able to instill a sense of belongingness among every employee, and for this the company heavily relies on the HR specialists.

HR policy development is very important for the company and its employees. HR policy development basically aims at safeguarding the interest of the employees, like:

Providing fair employment to the employees - This generally takes care of the issues like adequate wage, compensation to the workers and protecting the female workers against sexual harassment.

Employees insurance and health care – To prevent the employees from any unforeseen emergency at the workplace, health care and insurance policy are needed.

Facilitation of the work – company should aim at making the work of each and every employee easy by providing them proper skills and training.

Proper working condition – the working atmosphere should be free from biasness and other kind of violence at the work place.

To develop a fair approach by which the companies can develop and manage employees and high personnel, a company needs an effective HR policy. The human resource policy also protects the company against the legal claims.  Other than safeguarding the interest of the workers, these HR policies also help the workers to understand their duties towards the company. The company should work according to the changing trend in the economy. It should continuously alter its policies and see which policy works the best for the company. New human resource policy should be framed and the old one should be revised to ensure a fair and consistent approach. The more effective the policy is, the more the employers will be skilled, trained and satisfied.

Thus, every company should aim at framing HR policy only then the workers will be able to work efficiently and dedicate their time and interest to the fullest.

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Enhance Your Job Performance by Workplace Meditation

Now a day’s several people are facing adverse health problems due to long hours of work, repetitive and hectic schedule, tiring meetings and exhausting jobs. Strenuous and monotonous life has also been playing a crucial role in degrading people’s well being and health.  These have been the main reason for people suffering from overwhelming anxiety and stress. People with such hectic schedule are prone to claustrophobia and high level of stress. This leads to lack of concentration at the workplace and gives way to a lot of trouble and dilemma.

Meditation has always been an excellent stress buster and provides instant relaxation and relief. Simple meditation techniques can be of supreme help and can give enormous soothing effect in less than a minute. As anxiety and stress are mostly a part of job, you can reduce the stress by meditating in the workplace to create a better mental and physical state at your work environment.

Workplace meditation has been embedded at work places to reduce the anxiety and stress level of the employees so that they are capable of giving their best. Workplace meditation has been incorporated into several workplaces since a long time now and has been of immense help.  It has also been considered as a performance enhancing technique as it relaxes the mind and body of the employees and enables them to bring out their incomparable performance.

Meditation at workplace has found intense acceptance in today’s world. As we all live in a competitive business world, each and every company is concerned with the mental and physical health of its employees. These relaxation techniques train their mind to remain calm even under adverse circumstances and enhance their level of concentration and focus.

Workplace meditation has been the most efficient and easy method of releasing one’s tensions and stress during work. Meditating during or after work refreshes the mind and enhances your competency and capability. People who meditate during work, witness high level of job satisfaction and also exhibit enormous level of productivity.

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