Globalization Essay Example | Topics and Well Written Essays - 1250 words - 13

Globalization - Essay Example The remainder of the paper will examine the effects of globalization on vote based system just as its cons and geniuses. Majority rules system is extremely key in ordinary administration since it grants for citizen’s cooperation in administration. Numerous countries under governments have little space for the investment of their residents and the individuals who restrict are killed (Dalpino 4). Some are likewise detained forever, making it hard for residents to scrutinize the administration. For example, African countries, for example, Egypt, Tunisia, and Libya were under the fascism of their pioneers and had an almost no space of repudiating the government’s choice. This happened in light of the fact that the country was not vote sufficiently based to take into account resident support. Be that as it may, a portion of these countries figured out how to score high as far as monetary improvements significantly under tyrant authority. This means majority rule government assumes a key job for comprehensive administration. The defiance saw in these countries, proof that the residents needed s pace for articulation, and they were squeezed to the divider. Numerous investigations show that vote based system is the best government since it makes the lion's share convey the day while the minority is having their state (Bartelson 8). For example, it ensures a political race where the individuals partake in choosing their delegates and those they have certain instead of individuals expecting the workplace, for example, administration. Through the appointive procedure, the greater part will have their direction and the minorities who don't likewise win will have their state. Law based administration is comprehensive and thinks about the interests of all at various levels (Scholte 27). Numerous just governments, for example, the US are accepted to work well by securing the privilege of individuals, just as the minority. This is so in light of the fact that they keep the standard of law that characterizes them rather than governments and authoritarian governments (Dalpino 7). Despotic governments, for example, Swazi and

Minority Rules :: essays research papers

In the novel A Tale of Two Cities, by Charles Dickens, the creator utilizes numerous minor characters. Albeit named "minor", these characters contribute completely, and are fundamental to the profundity and fervor of the novel. Three such characters are: Miss Pross, Gaspard, and Jerry Cruncher. These three characters take on a couple various jobs, contingent upon what point in the novel one is at. From the earliest starting point, and all through the novel, Miss Pross assumes a straightforward job. She deals with Lucie Manette. A basic job it might appear to be, however she adds amusingness to the story from the balance. Once Lucie and Dr. Manette have come back to England, after Dr. Manette's detainment, Miss Pross keeps on playing a compelling job in the story. She is continually caring for Lucie and this incorporates Miss Pross endeavoring to dishearten any admirers. Miss Pross is very fruitful at showing up and acting in a telling and threatening way. A case of this is when Mr. Lorry dropped by at the Manette's home; "...Miss Pross, the wild red lady, solid of hand...'I don't need many individuals who are not all deserving of Ladybird, to come taking care of her....to remove Ladybird's expressions of love from me.'" Miss Pross being a piece of the novel extends the plot by giving some cleverness and giving the peruser another side to consider when considering Lucie and her few connections. Gaspard's motivation in the novel is not at all like that of Miss Pross. Gaspard is utilized to enable the peruser to see how most of the French populace was feeling before the transformation. Gaspard and different laborers were dealt with, by the privileged, as though they were sickening rodents. At the point when Gaspard's child is run over by the Marquis, all the Marquis is stressed over, is if his ponies or his mentor were harmed or harmed. Gaspard's resentment and acknowledgment of how he is being dealt with makes him revolutionary and execute the Marquis. The one homicide represents the enmity of the considerable number of laborers and is a sample of what is to accompanied the unrest. Gaspard was hence used to foretell what is to occur later on, this is auvioce particularly after Gaspard is caught and hung. He is left hanging with a blade in him so he harms the water. Later that evening the Jacquerie are talking in Defarge's wine shop of how "the house and all the race.

The Hidden Costs of Homeownership

The Hidden Costs of Homeownership The Hidden Costs of Homeownership The Hidden Costs of HomeownershipOwning your own home is expensiveâ€"but there are many hidden costs that can make it way more expensive than you even know.You might think that homeownership is one of the cheapest things on the planet. Got some extra cash burning a hole in your pocket? Just buy a house or two! Managed to pick up some extra hours at work? Why not pick up a bag of houses on the way home? Won $5 from a scratch-off ticket? Looks like you’re in house city, now! (House City, by the way, is a city made entirely of houses. It’s also known as “a city.”)Sadly, homeownership is not cheap. Houses cost tens of thousands, hundreds of thousands, or even millions and hundred millions of dollars. For most people, if they’re ever going to own a home at all, they’re going to need to take out a mortgage. You’ll have to pay part of that mortgage off every month as you gradually build equity in the home. And since the home is serving as collateral, if you don’t make those payments, you’ll lose the house.But while the mortgage might be the most expensive part of owning a home, it’s far from the only cost. Indeed, there are many hidden costs associated with owning a home.Here they are, uncovered!Closing costs.Costs can start adding up even before you move in. The actual process of buying a house can be a costly endeavor in and of itself, and if you aren’t prepared you might find yourself with a mortgage to pay and an empty bank account.“Some of the major themes or financial mistakes that many buyers make involve underestimating transactional costs and the continuing non-physical costs of owning a home,” warned Mark Cianciulli, real estate agent and co-founder of The CREM Group (@theCREMgroup).“There are a lot of fees and costs associated with the purchase of real estate, such as: the cost of a title policy, escrow fees, notary fees, loan origination fee, a processing fee, appraisal cost, property inspection costs, recording fees, cost for c redit report, printing fees, and many more if you can believe it.”Be sure to have enough money set aside, and then some, to pay all the necessary fees come closing time.Property taxes.Although renting a home will not build equity, there are some costs you don’t have to worry about that you will have to worry about with home ownership. One of those costs comes courtesy of old Uncle Sam and his state-based equivalents. Maybe… Cousin Illinois?“Be prepared to pay property taxes and keep in mind that they rarely, if ever, decrease,” advised the experts at Hippo Insurance (@hippo_insurance). “Homeowners often pay them every month along with their mortgage payments.If your loan is backed by the Federal Housing Administration, you’re required to have an escrow or impound account. If you don’t have to make property tax payments through an escrow account, they may be due at the end of the year. In some counties, you might pay them in installments.”Insurance.You don’t want to think about your house being damaged. But you do want to be prepared for that eventuality. And that’s why you’ll be buying insurance.“If you own a home, another cost you should include in your budget is insurance,” urged the Hippo experts. “The average annual homeowners insurance premium costs $1,120, according to the most recent data provided by the National Association of Insurance Commissioners. But the amount you pay may be higher or lower based on where you live and the kind of policy you choose.“Homeowners insurance typically covers personal possessions, liability for injuries that take place on your property, the structure of your house, and additional costs associated with living elsewhere if your home is severely damaged. If you live in an area prone to natural disasters, you might need a supplemental policy like flood insurance.”Repairs.Another upside of renting is that you don’t have to pay for your own repairs. Another downside of owning a home is that you do have to pay for your own repairs.“Your home is a collection of equipment, materials, appliances, fixtures, finishes, and landscaping,” explained John Bodrozic, co-founder of HomeZada (@HomeZada). “All of these ‘fixed assets’ have a natural useful life. As your home ages, these things will need to get replaced or significantly fixed. An example is your garage door springs. Your springs help open and close the doors, and they will last for only so many openings and closings before they break and need a replacement.”You should also consider being proactive in your maintenance, as it’ll be more cost effective in the long run.“Many of the fixed assets above can be preserved with proper and regular preventative maintenance tasks which can help avoid the more expensive fix-it and repair costs,” advised Bodrozic. “These costs can be material costs such as buying new air filters, to hiring a service to clean your gutters. If homeowners perform some of these mainte nance tasks themselves versus hiring someone, they can save on those costs.”Septic systems.You won’t necessarily want to attempt every maintenance task on your own. There are ones you’ll almost certainly want to hire someone for.One of those tasks is maintaining a septic system.“We have seen deals fall apart for originally enthusiastic clients, who upon completing their inspections and learning about what having a system of this sort means, ultimately backed out,” recounted Alison Bernstein of The Suburban Jungle (@suburbanjunglegroup).“They became concerned about the price for a potential replacement, materials, maintenance, etc. There is also the hidden cost of the effort to have to potentially relocate it should you decide to execute some construction work, and there may even be a need for a board of health approval.”Landscaping.Want a lawn? That can get pricey.“Especially for those coming from urban hubs, there is little knowledge of the true cost of landscaping, ” warned Bernstein. “Plants die and need to be replaced, weeds happen, lawns must be mowed and treated, hedges need to be cut back, etc. Some years will be more costly than others, but this can become a significant expense.”Pest control.You would probably prefer your house not be infested. Sadly this too costs money.“Pests are a real concern for many homeowners,” explained the Hippo experts. “Over time, all sorts of crittersâ€"like termites, ants, spiders, and rodentsâ€"might invade your home. Depending on how serious the problem is, you might need to fumigate your house.“If you’re interested in buying a home, make sure you hire an inspector to check for bugs and termites that could cause structural damage. While lenders don’t always require homebuyers to pay for pest inspections, it’s important to have one done. You don’t want to close on a house only to find out later that there’s an issue. Termite inspections generally cost between $75 and $150, according to Angie’s List.”It’s pricey!If it isn’t clear yet, owning a home can be quite expensive. That doesn’t mean it’s a bad goal, it just means you should be prepared and have a clear-eyed understanding of the costs.“We actually did a study on the true cost of ownership a few months ago, and what we found is that it costs a shocking amount to maintain a home,” warned Luke Babich, CSO of Clever (@ListWithClever). “Our study found that the average American homeowner spends over $13,000 a year on their home: maintenance and repairs cost $2,676 per year on average, property tax costs another $2,600, and homeowners insurance another $1,228.“Our study doesnt include other costs related to homeownership: Common expenses also include landscaping maintenance, pest control, utility bills, and homeowners association fees. These expenses can add a pretty penny to the cost of owning a house.”We can’t tell you if homeownership is the right choice for you right now. We can only give you the tools to evaluate your own situation.If buy a home before youre ready, it could end up being a massive drain on your finances. You could even end up with so little money in the bank that you start relying on short-term  bad credit loans  and  no credit check loans  (like  payday loans,  cash advances, and  title loans) to make ends meet.  To learn more about housing-related financial issues, check out these related posts and articles from OppLoans:10 Questions To Ask Before Signing a LeaseHow to Decorate Your Home for CheapIs Rent-to-Own a Good Way to Purchase a Home?How You Can DIY Your Way to Cheaper Home MaintenanceDo you have a   personal finance question youd like us to answer? Let us know! You can find us  on  Facebook  and  Twitter.  |  InstagramContributorsLuke Babich is the Co-Founder and CSO of  Clever (@ListWithClever), the free online service that connects you with top Real Estate Agents who can help you save on commission. Luke is also an active real estate investor with 22 units in St. Louis and a licensed Real Estate Agent in the State of Missouri.Alison Bernstein is the President and Founder of  The Suburban Jungle (@suburbanjunglegroup), a real estate firm exclusively focused on buyers leaving the city for the suburbs. Recognizing how different neighboring towns can be from one another and how little families learn about a community during the home search, Alison launched Suburban Jungle, helping buyers navigate suburbia, and understand the ins and outs of towns before making their decision. Prior to this launch, Alison worked in the industry for more than 15 years, including senior-level roles in sales, leasing, investment banking and corporate strategic work spanning three of the nation’s leading real estate organizations. When she’s not helping families in their suburban explorations, Alison enjoys traveling, skiing and tennis as well as spending time at home with her husband and four young children… and huge dog.John Bod rozic  is a co-founder of  HomeZada (@HomeZada), an online and mobile home management solution. HomeZada strives to educate and provide resources for homeowners in all areas of home management, including home inventory, home maintenance, home finances,  and home improvement projects.Mark Cianciulli is a highly focused Realtor and the co-founder of The CREM Group (@theCREMgroup), a boutique faction of professional Realtors specializing in LAs Eastside neighborhoods, Hollywood/West-Hollywood, Long Beach and surrounding communities. Mark has a uniquely diverse background in real estate: he has worked as a licensed CPA and real estate attorney, property manager, and real estate investor. Mark puts all his real estate experience at his clients disposal when representing their interests as a Realtor. Mark believes in delivering the highest level of service to his clients through employing attention to detail to every facet of the transaction, tirelessly working to achieve each and every w ish of his clients, and being available to his clients regardless the time of day.Hippo Insurance (@hippo_insurance) is a California-based insurance technology company that is transforming home insurance for the modern household, using data, artificial intelligence, and smart home technology to better protect homeowners.

12 Top Georgia Colleges and Universities

Equity and Equality - 1007 Words

Youssef Haddad Professor Black English 1101 9 Nov 2013 Equality Vs. Equity: People and The Law Throughout the history of mankind and specially in modern times, many struggles emerged from people’s suppressed anger and hatred of the feudalism and the ruling monopolistic powers, and in their effort to create a system most suitable to their wants and desires and what they take as â€Å"values† and â€Å"rights† they stumbled on what is to this very day one of the most important and complicated dilemmas of human philosophy: how do we choose between equality and equity? What is the better choice? Do we prefer similarity or justice? And many questions as such, and as other ideas and ideologies go, it remains a major†¦show more content†¦Dr P. Braveman, â€Å"Defining equity in health†, J Epidemiol Community Health 2003; 57:254-258 doi: 10.1136/ jech.57.4.254. Paula Braveman’s education is as follows: MD, MPH is Professor of Family and Community Medicine and Director of the Center on Social Disparities in Health at the University of California, San Francisco (UCSF), For more than 25 years, she has studied and published extensively on health equity and the social determinants of health, and has worked to bring attention to these issues in the U.S. and internationally, During the 1990s she collaborated with World Health Organization staff in Geneva to develop a global initiative on equity in health and health care. Her research has focused on measuring, documenting, understanding, and addressing socioeconomic and racial/ethnic disparities, particularly in maternal and infant health, for those exact reasons, I choose her to contribute to my studies based on her extensive knowledge and research in this particular division, and her portfolio proves that quite sufficiently. Andrew M Jones, 1995. A microeconometric analysis of smoking in the UK health and lifestyle survey, Working Papers 139chedp, Centre for Health Economics, University of York. Andrew Michael Jones’sShow MoreRelatedEquity and Equality723 Words   |  3 PagesEquity and Equality Jaime Matta Concordia Online Community of Learners EDGR 595 Karen Billette February 27, 2012 Educational equity refers to equal access, opportunities, and expectations in education for all persons, irrespective of their backgrounds or status. As a democratic nation, the United States offers a system of universal and free public education as a primary mechanism for providing equal educational access and opportunities to all persons, for preparing its people for civicRead MoreEquity And Equality For Students816 Words   |  4 PagesEquity and equality for students is all about enabling fairness and ensuring that all the students are given the best possible chance to succeed in life irrespective of their identities or backgrounds University of Birmingham (2015). In the course, we have learned that equity leads to success in academic institutions and should therefore be encouraged. We have also learned that diversity is about recognising, valuing and celebrating all the people from different backgrounds that live within our societiesRead MoreEquality Vs Equity943 Words   |  4 PagesEquality and equity are both topics we have had always thrown around but only recently have once again taken into actions with the expectation of future change in treatment. When the trail of Plessy vs Ferguson underwent in 1896 schools that held a higher percentage of non-white children could not be worse for wear than an all-white school. In brown vs. the Board of education the schools could no longer legally segregate themselves. Thus allowing the intergradation of children to mix, but when theRead MoreDiversity, Equality, Equity, And Mutual Respect952 Words   |  4 Pagesof merely tolerating them. This builds a diverse reality that will cross broad spectrums of demographic and philosophical characteristics. It is only when individuals feel free from discrimination that they will be able to create a climate of equality, equity, and mutual respect. Accepting each other s differences and embracing diversity means more than just tolerating one s differences, it means consciously practicing acceptance and appreciating the interdependence of our different cultures andRead MoreFeminism And Gender Equality And Equity Based On Gender1060 Words   |  5 Pagesand meninists who are satirical equal rights activists. In reality, feminism is pro-gender equality and opportunities for all types of people. Feminism is the belief that people of all different backgrounds should be treated justly and fairly. Feminists believe that all people deserve equal pay to those in the same job. Otherwise put, â€Å"Feminism is an interdisciplinary approach to issues of equality and equity based on gender, gender expression, gender identity, sex, and sexuality as understood throughRead MoreEquality And Equity Between Genders, Males, And Females Essay1580 Words   |  7 PagesIt is evident that equality and equity between genders, males and females, has had its struggles. This struggle to promote fairness has been expressed through various mouvements such as from the suffragettes emerging in the late 20th and early 21st century and the recent He for She movement to bring both genders to work together as one. Despite these efforts, in the hockey world, male domination reaches a high while the female athlete success as not reached such level. This is displayed through historyRead MoreEquality Does N ot Mean Equity : Gay Marriage Rights1891 Words   |  8 PagesEquality Does Not Mean Equity: Gay Marriage Rights Today, is known as a joyous or radiant matter to some but a disgraceful or even a sinful issue to others. Equality and equity are two important terms that are often confused and misused. Both of these terms are used to illustrate justice and creating fairness in societies today, but for some reason, these words are often misunderstood. Equality is known as another meaning for sameness and equal treatment. Equity is known as another meaning for fairnessRead MoreRacial Equality And Racial Equity During World War II1649 Words   |  7 Pagesracial resistance and equity. The renowned instance of Brown v. The Board of Education, decided that different instructive offices were innately equivalent. While combination remained generally a court administering on paper, isolation persevered as a reality in the public eye. African Americans understood that change ought to be moved towards the courts of their own groups. Only a short year after the Brown case, a standout amongst the most groundbreaking stirrings for racial equity started on DecemberRead MorePower Struggles And Its Impact On Society Essay1200 Words   |  5 Pagesin mind. This is where equality comes in. It allows both groups to exist in the state however denies the boundaries that are still faced among oppressed groups. This shows the importance of equity. With it, exists a state that provides all needs necessary for everyone to succeed. Imagine going to a sporting event and watching the game over a fence. For every person there, one crate is provided for him or her to stand on to see above the fence. This is an example of equality because everyone is givenRead MoreGender Inequality Between Men And Women1255 Words   |  6 Pagesgovernment, agencies and policy makers (Unterhalter 2007). 3.3 USAID`S Gender Equality Framework USAID`S Gender Equality Framework draws the difference between the concepts of gender parity, gender equity and gender equality, while these terms are used intergeably, Gender Equality Framework clarifies the distinction and interrelationship between the three concepts of parity, equity and equality.While the USAID`S Gender Equality Framework expresses a subtle difference between these three concepts, it also

The Wildest Experience of My Life Free Essays

So my last weekend before being deployed has finally arrived. I wanted to do something exciting, extreme – something I never would have imagined doing before – something that would take a lot of heart to do. Maybe even could be called a little crazy as others told me. We will write a custom essay sample on The Wildest Experience of My Life or any similar topic only for you Order Now Skydiving was something I had never done and certainly had never thought of doing until now. After doing some research online, I found a place only an hour away from home in Lumberton, Mississippi. In a way I was hoping there wouldn’t be a place local so that could have been my excuse not to do it. Once I started thinking about actually jumping out of a plane, I started to get nervous and have mixed feelings. Then I realized it can’t be any scarier than what I may encounter overseas; maybe it could even help me deal with some things while there. So after much debating and thought along with unsuccessfully trying to convince a few friends to join me, I booked my trip to jump. My trip was booked for Sunday, two days away! I still had a slight hope that one of my friends might change his mind, which didn’t happen. I already had mixed feeling about my â€Å"jump,† and I must admit the more I thought about actually doing it, the more nervous I became. I began feeling jittery, and for the first time I was more nervous about skydiving than I was about being deployed. And still for some reason I wanted to do this, almost felt like I had to. The morning of my jump arrived, and I was instructed to arrive one hour prior to my scheduled time. This means I had to be there at 10 a. m. , and that didn’t leave me with much time to chicken out. The morning of, I began to do my usual morning routine, which consists of jogging and a simple shake for breakfast. I managed to go jogging, but once I returned home I couldn’t even start to drink my shake. So with all the excitement I decided to call my girlfriend at the time. In some way I was hoping to get a little motivation and encouragement out of her. When she picked up the phone the first thing she said was, â€Å"You ready to jump? † Then she laughed at me when I told her I was nervous, which in a way made me feel a little better. Shortly after our phone conversation began I noticed the time and realized I had to start getting ready. I knew if I didn’t get showered, dressed, and get out of the house; I would never make it on time. It crossed my mind that running late would be a better reason not to jump than chickening out and just not doing it. Shortly after that crossed my mind, I decided that was not an option. I was going to do this jump no matter what. So I began my hour and fifteen minute drive. During the ride my hands and feet started sweating while I was constantly trying to concentrate on other things, but always found myself thinking about jumping out of the plane. Then I started to think about all the bad things that could go wrong. Before I realized it I was reading the sign â€Å"Gold Coast Skydivers. I was here, no turning back now. So I pulled in looking for a space to park. I became amazed and couldn’t believe how many people were here. The place was so crowded I had to park in the grass. I finally found a spot and put my truck in park, turned off the ignition, and as I stepped out I could see people who had already jumped. Seeing people landing with open parachutes somewhat gave me a certain calmness to my feelings. When I walked into the office there were people in there laughing and discussing how much fun they had during their jump. No one seemed at all nervous or shaken up as I was expecting. After I filled out all the paper work and signed all the release forms, I was told to wait for my instructor, so he could go over all the information I needed to know. Not long after I was brought into a garage like area with several other first time jumpers they started to go over everything we needed to know. They were constantly reminding us we were jumping at 14,500 feet and would be free falling for approximately 10 seconds before they pulled a smaller parachute, which would slow us down to 120 mph on the free fall. Then we would continue falling for another 60 seconds before the main parachute was pulled. All of the first timers were constantly reminded to make sure we listened to our instructor who would be jumping with us. I would be jumping tandem, which is a requirement for first time jumpers. A tandem jump is when you are attached to the front of someone, our instructor in this case. They will be the ones responsible for pulling the parachute. To me, this meant I would able to sit back and enjoy the ride without worry. Before I was knew it I was being dressed in a blue jumpsuit and stepping into my harness. I was then introduced to my instructor, handed a pair of goggles and told to head towards to the plane. I was walking downhill looking towards the plane and for the first time actually becoming excited about what I was about to experience. My tandem instructor boarded the plane first, and I went right behind him. The plane was narrow with two long benches allowing us to line up with our instructors. When I got seated I started to look at the others who were boarding the plane. My instructor asked me, â€Å"Do you know what it means to be the last one on the plane? † My reply was simple and a fast â€Å"No! † He then laughed and responded, â€Å"You’ll be the first one out! † I found that amusing because I did know that I was the first one on, which means I would be the last one out. Once we got seated my instructor started strapping me in and started going over what I needed to do during the jump. He told me to keep my legs tucked under him, keep my head to the left, and keep my hands on my harness until I was told otherwise. He then told me that after about ten seconds he would tap me twice on my shoulder. This meant I could release my hands from the harness. He proceeded to tell me when and how he would start doing spins and others stunts. I was told to give a thumbs up if I wanted more or to close my fist if I wanted to stop. It seemed like no time had passed by, and we were in air on our way. My instructor had a band on his wrist that showed him how many feet we were at. Before I realized it we were at 13,000 feet and everyone was told to put on their goggles and get ready. This is when I began asking myself what in the hell did I get myself into? Soon as I could blink my eyes the first jumper was out the plane, then the next, and the next! Now I was being scooted forward down the aisle. Once I arrived at the end of the bench I was instructed to crawl to the edge of the door. This means I was looking out of an open door into the blue skies. I had no time to think as we leaned forward, backwards, and then out we went. As soon as it started I wasn’t nervous anymore! I was enjoying the feeling of free falling through the sky with nothing but the air underneath me. Before long I felt the two taps that I had been waiting for, and I released my arms from the harness. Now we were spinning freely in the air and I loved every second of it. I never closed my fist. From what I can remember I believe I kept both thumbs up the entire time. Before I knew it the parachute had been pulled, and I was being jerked upward. This is when I heard my instructor say, â€Å"We got ourselves a parachute! † I was then told to position my harness lower on my thighs, so I could be in a sitting position. This turned out to be more comfortable to me. As we were gliding downward towards the landing zone, I began looking around and realized that this was one of the most peaceful experiences of my life. My instructor made it feel natural as he effortlessly guided us right towards the landing circle with ease. As we were getting close I could see the others who had already landed and were watching me as we started our decent. Next thing I heard was â€Å"feet up† and we were landing gently on the ground. For some reason I expected the landing to be more difficult and rough, but it wasn’t. I was now safe and on the ground being unhooked from my instructor. At this time I could say that I had jumped out of a plane and enjoyed every second of it. Back in the office I changed out my suit and talked to the other first time jumpers for a little while. I then took the opportunity to take pictures with my instructor and get the information I needed to learn how to skydive on my own. I then said my goodbyes and headed home. I was proud of myself for what had just got accomplished and the fear I had overcome. This was truly a mind blowing, breath taking, stomach turning, and nerve racking experience. As soon as it was over a part of me was ready to jump again. How to cite The Wildest Experience of My Life, Essay examples

Compensation Practices and Employee Attributions †Free Samples

Question: Discuss about the Compensation Practices and Employee Attributions. Answer: Introduction: Telus is a telecommunication company which offers telecom products and services. The company is one of the largest telecommunication companies in Canada with its head office located in Alberta. It has five branches spread across the provinces. In 2001, the company was incorporated and registered as a trademark and its main focus was to pursue opportunities in the operating systems in the telecommunication but in recent years it expanded its line to producing mobile phones. There is high competition among the various brands that produce and sell software and phones. However, Telus has invested in offering high quality products; develop greater human asset and having a customer intimacy model in place which has allowed the company maintains its competitive edge. Dominance in the market has seen the company scale into greater heights regarding financial performance. The market for telecom products is very huge because there is an unstoppable growth of the industry. The operating system technology targets two segments, tier 2 and tier 3 telecom operators. The market for phones is estimated to grow by 70% in the next two years. The number of employees has been increasing since the incorporation of the company in 2001, the majority being male though there has been a need for hiring more women in recent years. The workforce is of different age groups, but the majority are millennials who have the skills and who the company believes are very innovative. These employees have demand for a good compensation package that will motivate them to be productive. The company uses some resources to create output which contribute to its success. They include; People and skills. The software experts are trained on a regular basis for them to be competent in their research and managing the information system. Storage whereby the information system provides a wide storage of data compared to those offered by competitors. Minimal costs are incurred in preparing ,sharing data and injecting secondary data making it easily accessible to users. The information system is supported by over 80% networks across the globe. This has made it to be preffered by users boosting sales. Change Factors As business keeps on changing, the approach to compensation should change as well. There is no flexibility in compensating employees based on position. Establishment of a total reward package that focuses on rewarding skills and performance has been at the top of the human resource department agendas which has to be attained. This will promote employee ownership. In coming up with this package, there are some factors that determine the policy choices in compensation. These factors include; Employees wanting to belong to a particular labor union will affect compensation because the union dictates the minimum compensation package for its employees. They will be forced to give in to the pressure of labor representatives in determining and changing the pay scales. Labor groups lobby together their grievances and concern to address the government to make the government respond quickly to their burning issues. Changes in the economic conditions also affect the reward package of employees. Salaries are different in an economy under depression and when it is booming. In case of a depressed economy supply of labor may increase resulting in low rates. Depression in the economy expose the company to risk of lowering profits, and this is a major concern to the management which requires prompt action. The demand and supply for human resource affect the fixation of compensation packages for employees. When the supply exceeds the demand, a low wage may be fixed, and the vice versa is true. The productivity of labor has risen due to improved technology making it possible for employees to be rewarded through piece rates (Gatewood Barrick, 2015). The proper understanding of the labor market by the company helps in strategy designing when it comes to exploiting new opportunities in the market. The recruitment of the right personnel acts as a boost for the company, and this greatly helps in offering the right product and first class customer care services by the company. Employee turnover rate High employee turnover hurts the company as it will have to incur more costs in finding replacements. In order to reduce the turnover, the company will be forced to set compensation package and benefits which will motivate the employees to continue working towards the success of the company. (Alam Rubel, 2014). High employee turnover means that the company is on the verge of failure in its endeavor to exploit and meet market opportunities in the right manner. This is a factor that may cause changes in the reward system of the company since the company will also want to offer competitive compensation packages in order to maintain its dominance in the market (Asibanjo Heirsmac, 2014). If competitors offer high salaries to its employees, the company has to offer best commissions, benefits, and bonuses to retain the workforce. This factor, however, is not likely to affect the company because the reward package offers employees a benefit and bonuses. Stiff competition from competing firms that offer bumper salaries to their personnel forces the company to remunerate their staff well so as to encourage talent and skills retention. Based on the variables mentioned above, Telus Company adopted compensation strategy based on performance pay for great performance rewards the best performance and not mediocre work. Hence performance is to be evaluated and measured on a regular basis, and a clear appraisal method has been developed for employees to understand the criteria clearly (Lu et al., 2014). Individuals are offered bonuses based on attainment of their goals. In addition, reward is also tied to companys profits where 20% is shared among the workforce. The company offers stock options to employees where they are allowed to purchase company shares for a specific price during a specified duration. This compensation strategy has seen the company maintain its competitive advantage leading in the telecommunications sector. This is because employees get to control their performance and a slight difference in performance is easily identifiable. Compensation analysis: Gupta Shaw (2014) opined that the overarching term compensation is the kind of strategy formed by business experts in order to motivate the employees for getting good performances. Employees while providing services have to face immense challenges in satisfying the needs and demands of the customers. Compensation and benefit is the systematic strategy for motivating employees towards services. Controlling the performance level of employees has major significance. Telus being one of the most recognizable telecommunication brands of Canada has implemented several compensation strategy and policy based on which employees tend to show their best services. Telus in order to run the business effectively has implement performance pay, quality bonus, rewards and recognition and so on. With the rapid progress of globalization the rage of target customers are increasing day by day. As opined by Anitha (2014), employees have to provide services beyond going the shift hour. Therefore, Telus bus iness experts in order to give an effective compensation to the employees have decided to provide performance pay. The performance pay structure implies that after meeting the allocated target employees would get a certain amount of money. As a result, employees by anyhow intends to fulfill the allocated target so that they can achieve performance pay. Moreover, after crossing estimated target the people are able to get additional incentives. In quest of delivering good production employees sometimes forget to maintain quality of services. In order to overcome this kind of issues Telus business experts have decided to implement quality bonus. Based on the quality of productivity the employees are able to achieve quality bonus. Pan (2015) opined that the concept of performance pay, quality bonus is not effective in maintaining work life balance of the employees. As a result, large number of employees has to face immense health issues. In case of avoiding health issues organization like Telus has decided to follow health and safety act at the workplace. By implementing this very specific act, business experts tend to take the responsibility of employees who face any kind of health issue at the workplace. These kinds of compensation facilities enable the employees in availing overtimes and maintaining flexible work hour. Samnani and S ingh (2014) stated that structural behavior is the concept with the help of which employees have to maintain specific organizational structure while being associated with an organization. Structural behavior is constituted with several components including organizational behavior, organizational culture and organizational ethics. Long and Perumal (2014) stated that every business organization is constituted with specific structure. Employees being a part of this organization have to follow this structure in order to maintain discipline. Business experts of Telus tends to maintain effective communication with the employees in order to motivate the employees for maintaining structural behavior. Contextual variables and structural variables: Contextual variables signify a transitory factor that involved the setting in which an interaction occurs. Contextual variable is constituted with several components including task environment, business strategy, organizational size, organizational workforce and technology. Telus has appointed huge number of workforce by giving a flexible work environment so that employees tend to perform well towards the services. On the other hand, organization should follow proper organization structure to give a feasible work environment. Structural variable includes decision making and leadership, control system, communication and information, reward system and job design. Telus tends to follow a specific management hierarchy in order to control the entire process of business in the global market. As per the managerial policy of Telus, business managers follow participative leadership style at the workplace. Participative leadership style enables the employees in sharing their own views and thoughts to the managers. As a result employees get motivation in performing well towards business services (Noe et al., 2014). Managers of Telus on the other hand do not wish to impose their own decision on the employees. As a result, both the managers and the employees can maintain an effective communication with each other. Employees do not show their reluctant attitude in maintaining this rules and regulations. As per the management system of Telus, business experts tend to follow proper business ethics. Employees from various geographical backgrounds and attitudes tend to get equal priority and response (Bal and De Lange 2015). By implementing gender equality act, human resource managers tend to recruit both male and female employees with equal respect and dignity. Large numbers of female employees are holding higher position in Telus. People belonging to various geographical backgrounds and attitudes get a complete comfortable environment within the workplace of Telus due to their flexibility in managerial system. Implementation of diversity management is one of the most effective steps that made the entire management system Telus complicated. Human resource managers primarily focus on the competency and skill of the employees rather than focusing on their cultural backgrounds. Human resource managers are very much effective in recruiting employees from different geographical as well as religious backgrounds (Hameed, Ramzan Zubair, 2014). As a result, the managers have faced se several issues such as communication barrier, psychological barrier and cultural barrier. Due to language problem employees have to face immense challenges in sharing their thoughts and views effectively. As a result, managers have to face difficulties in delivering the services within proper time. Being unable to meet the deadline employees have to face dissatisfaction from customers feedback. However, employees from diverse cultural backgrounds and attitudes have immense psychological barriers while making an effecti ve collective decision (Oladapo, 2014). Due to cultural barrier employees cannot exchange views and thoughts regarding the success of business. However, as per the initiates taken from human resource managers of Telus, employees from different cultural backgrounds are provided effective training and career development program. With the help of an effective career development program, employees have enhanced their communication skill. As a result, managers do not have to face challenges in interacting with the customers effectively. Management system: Management system of Telus is constituted with several factors including quality system, performance management system, policies and procedure, information system, talent management system, change management system, risk management system and so on. Controlling the performance level of employees has major significance. Telus being one of the most recognizable telecommunication brands of Canada has implemented several compensation strategy and policy based on which employees tend to show their best services. Telus in order to run the business effectively has implement performance pay, quality bonus, rewards and recognition and so on. With the rapid progress of globalization the rage of target customers are increasing day by day. Telus business managers do not intend to implement organization policy without communicating with the employees. As per the opinion of Gerhart and Fang (2014), the success of a business organization is entirely dependent on the performance level of employees. Therefore, implementing health and safety act, anti-discrimination act, gender equity act leaves major significance. Therefore, business managers before making organizational strategy tend to communicate with the employees effectively. After making a collective decision the managers tend to implement the policy within workplace. Compensation plan determines what the Pay Mix should be for each sales role. Pay mix in general point of view is the ratio between base salary and pay of incentives at the stipulated target performances. Common practices that leaves a major impact on compensation mix includes competitive pay analysis, industry practices, compensation philosophy, culture and job dimensions. The primary purpose of making a proper compensation mix is to evaluate basic salary of employees, their benefits and incentives (Van De Voorde Beijer, 2015). Employees would like to give their additional effort only when they would get necessary benefits in the form of increment, incentives or bonus. Telus being one of the most recognizable telecommunication companies of Canada has decided to implement two types of compensation plan including monitory and non-monitory. The business managers intend to provide rewards and recognition to the employees while implementing compensation and benefits. By keeping the basic salary fixed the employees are given equivalent rewards like gift coupons or any kind of material aspects. In addition, in order to appreciate the performance level the employees are given a promotion for holding the higher position (Gerhart Fang, 2014). Telus tends to promote the employees as per their performance level rather than showing their experience. On the other hand, monitory benefits come in the form of increment, incentives and bonus. Recommendations and rewards: However, after evaluating the overall strategies of Telus regarding compensation and benefits some of the recommendations can be provided and the recommendations are as follows. Telus should implement some social rewards and recognition policy in order to grab the attention of employees. It has been observed that along with giving immense facilities and benefits the business experts are maintaining rotational shifts. Employees have to follow this particular shift in order to maintain a work balance (Anitha, 2014). Due to this rotational shift, employees are facing immense health issues. In this kind of situation, the rate of employee turnover in Telus is raised enormously. However, it can be recommended that Telus can follow a particular shift for the employees based on which employees would not face challenges in maintaining this particular shift. It has been observed the human resource managers of Telus within the gradual progress of business industry do not give their employees effective training and development session for enhancing their skills and competency level. In this kind of situation, employees sometimes fail to meet customers needs and demands (Pan, 2015). In order to render good performances the business experts should enhance their budget for training and development purposes. As a result, customers would not have to face challenges in receiving their services properly. Reference List: Alam, N., Rubel, A. K. (2014). Impacts of Corporate Social Responsibility on Customer Anitha, J. (2014). Determinants of employee engagement and their impact on employee performance.International journal of productivity and performance management,63(3), 308. Bal, P.M. and De Lange, A.H., 2015. 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