This is the internal identification number which the employer gives employee. Salary This is the amount the employee has earned before any deductions have been made. The employer may break this down into components if the employee has done overtime or receive a bonus or commission. This will show how much the employee has earned in wages before any deductions are made. It might also show how the employee pay was calculated, for example; the employee hourly rate and the number of hours worked.
This system that is founded on the job analysis has lead to a formal structure job descriptions which is how the pay scale the company uses is put in place. Employees will step up and help the company by doing other duties or help with the duties of new positions so the company can stay competitive in the market. Companies will ask employees to do this if they have had to cut staff or if they are adding certain jobs to the company but do not want to add any more staff. In order for the company to stay competitive with other companies each company will need to have policies in place that will help and maintain what they have already established. By having these policies it will show that the company is willing to be competitive and will do what it takes to recruit and retain employees.
Describe the procedures the employee needs to take to make adjustments to the wages paid to the employees. For example, if an employee takes an unpaid vacation day, describe how the payroll adjustment is made to deduct the workday wage from the employee’s check. Step 5 List payment schedule. Include a description of the frequency payroll checks are cut (weekly, biweekly or monthly). Step 6 Describe how to print checks or submit payroll information to the payroll servicer.
A potential new employee must have the skills and qualities which match the job requirements. It is in Tesco’s interests to recruit employees who will portray a professional image and communicate effectively with colleagues and customers in order to reflect a positive image of the company. The skills and qualities a potential candidate possesses, has an effect on their capability of gaining and maintaining employment. A CV is a document in which a jobseeker uses to advertise their skills and qualities which may appeal to a potential employer. In addition to skills and qualities employers take into consideration a person appearance and image.
This safe guard against any future complaints on payments and compensations for extra hours and types of duties performed. The form contains the details describing the type of employer the recruit is and the effective date of employment. The position held, and title of the employee is also outlined alongside the corresponding basic salary the employee pockets per month. Lastly, the employee is classified as Exempt or Nonexempt according to the duties he performs in his employment. The compensation arising from these categories is also outlined in this
M1-Compare the purposes of the different documents used in the selection and recruitment process of a given organisation M1-Task 1 Job Description The job description for Topshop’s sales assistant involves describing the actual job role and what the applicant will have to do when taking this job. This includes what the job entails and the working hours, with the personal requirements for you as a person. The pay will also be included as it will help the applicant decide whether they want this job or not. The need for this is to educate applicant on the most important aspects of this job role which influences their decision to accept it or not. If the employee did not know what the job entailed beforehand, they would fear that they would not like it for a number of reasons including the working hours or the wage, as it may not come up to their standard.
Job Analysis Dannielle Schilling Industrial/Organizational Psychology PSY/435 February 08, 2012 Stephen McLaughlin Job Analysis The purpose of a job analysis is to study and evaluate jobs and their descriptions. Further an analysis describes the qualifications to fulfill a position and the characteristics necessary of the workers who will do it. For example, what are the tasks of a job? What are the characteristics of the personal who will perform the job? Two different characteristics of a job analyses exists; the job-oriented and the person-oriented (Spector, 2008).
The first step will be to create a job analysis of the knowledge, skills and abilities needed for the new sales positions. Next we will create a workforce planning system and finally, we will select the members for our team. In performing the job analysis we chose to utilize two methods, a structured
Employees can use this statement to estimate if the company will be able to afford compensation. Externally, investors and creditors can utilize a company’s cash flow statements to assess the liquidity position of a company and estimate the financial strength of the organization (SEC,
10. Question: (TCO 2) Action Corporation uses activity-based costing to apply overhead to jobs within a job-order costing system. The following overhead activities were budgeted for the year. ACCT 344 Week 2 Quiz 1. Question: (TCO 3) The appropriate cost accounting system to use when inventory items are produced on an assembly line is 2.