Temporary Incapacity, Retirement, and Unemployment Benefits
Temporary Incapacity: Cash Benefits
Cash benefits for temporary disability are designed to cover the loss of income that occurs when a worker, due to illness or accident, is temporarily unable to work and requires medical care. This applies to the following situations:
- Common or occupational disease
- Accidents
Duration of Temporary Incapacity Benefit
The maximum subsidy period is 12 months. A worker who disagrees with the discharge assessment may apply to the medical inspection. This period can be extended
Read MoreEthical Practices and Lean Production: Primark & Nestlé
Primark: Ethical Practices
Primark
What Does “Being Ethical” Mean for Primark?
Being ethical means doing the right thing. For example, ethical companies provide fair working conditions for their employees and build fair relationships with suppliers. For Primark, acting ethically means:
- Taking care of its people
- Being a good neighbor
- Respecting human rights
- Engaging with its stakeholders
What is a Stakeholder?
All businesses depend on a variety of stakeholders. Some stakeholders are internal to the business,
Read MoreBusiness Environment and Company Elements
Specific Environment of a Company
- Suppliers: Businesses need inputs for their production process.
- Customer: Recipients of goods and services provided by the company.
- Competition: (No description provided)
- Financial Institutions: The most common are banks that lend money to companies in exchange for interest.
- Government: Municipalities. To open a new facility, it is necessary to apply for a license.
- Labor Market:
- Labor Costs: They are a major source of the company’s costs.
- Qualification: This is important
Human Resource Management: Functions, Activities, and Influences
Functions and Activities in Human Resource Management
Human Resources Planning
- Determines quantitative and qualitative staffing needs based on organizational objectives and strategy.
- Indicates:
- How many employees and what type are needed.
- How to acquire them (external/internal recruiting).
- Training needs.
- Extremely important, though recently incorporated in HR management.
Job Analysis
- Essential for understanding the substance of a job and its requirements.
HR Insurance Needs of the Organization
- Recruiting
Recruitment and Job Types: Key Concepts
Exam 1
Translate and complete the spaces in blank with the correct word.
The process of finding people for particular jobs is recruitment or, especially in American English, hiring. Someone who has been recruited is a recruit or, in American English, a hire. The company employs or hires them; they join the company. A company may recruit employees directly or use outside recruiters, recruitment agencies. Outside specialists called headhunters may be called on to headhunt people for very important jobs,
Read MoreBanking Supervision and the Role of Banco de España
Banking Supervision and the Single Supervisory Mechanism
Banking supervision aims at restoring citizens’ confidence. Consequently, the Single Supervisory Mechanism (SSM) was launched, a banking supervision system and the competent supervisory authorities. Its main objectives:
- To ensure the safety and soundness of the European banking system
- To promote financial integration and stability in Europe
- To ensure supervisory consistency
This is the first step towards the “Banking Union,” of which the Single
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