In recent days, employees are considered as an important asset of an organisation and their commitment plays a vital role in achieving sustainable growth of the organisation. The employee commitment always plays a very predominant role in achieving the vision and mission of the organisation. The employee commitment was identified as a baseline for the performance of the company. This commitment is said to have a relationship with the compensation what employee receives. It is predicted that employee commitment may be increased when the employee are satisfied by the elements of compensation. Hence the researcher focuses on the relationship between compensation and commitment, factors of compensation affecting employee commitment, and identifies the employee's perception towards the components of pay model. The researcher has conducted the study with 300 samples collected from small manufacturing industries in Tiruchirappalli District, Tamil Nadu, India. Researcher has applied tools like ANOVA, Chi-square test, Structural Equation Modelling for the purpose of analysing the relationship between employee compensation and their commitment. The study outcome revealed that employee commitment was strongly associated with the satisfaction of employees towards their compensation based on pay model.
To link to this article: http://dx.doi.org/10.3846/btp.2015.431 in most sectors. As per the recent research report (Navigant Research Report 2014), it is predicted that by 2018, the sales of electric vehicles in India will shoot up by 17 per cent. The market is micro segmented as mobility vehicles for the disabled and the handicapped, elderly and obese too. Taiwan presently accounts for about 70% of the global output of mobility vehicles for the disabled. However this market is slowly moving for women as a lucrative segment. The country's crowded urban centres and congested travel routes make it a new optimism for the electric vehicles. Additionally, the reinstatement of the government sche me for electric vehicle purchases will encourage Indian automakers to develop new models. Abstract. The increasing urbanization with climate change, global warming issues and the related need to decarbonize the economy, is forcing urgency for identifying the alternate source for the global adoption and sustainable scalable solutions. The country's demographic and road patterns and its natural resources availability provide enormous scope for the electric bike industry. As per the "Navigant Research Report", it is predicted that by 2018, the sales of electric vehicles in India will shoot up by 17 percent. 1.1 million electric vehicles will be targeted within next five years. A recent study on the environment impact of ebikes with other forms of transportation found that ebikes are about 18 times more energy consumption than SUV, 13 times than a sedan, 6 times more than rail transit, and it is having considered as an innovated conventional bicycle. It is a frugal in novation strategy which provide safe carbon free environment, and moreover a part of health rehabilitation programmes. It is required that societal, economic and political and infrastructure systems integrate together to balance the energy environment. With this potential, the era of electric bike started its new avenues on the roads of India specifically focusing on Indian women. To develop this viewpoint, the present study focuses on the preference of ebike among the women in Madurai city.
Quality improvement is a highly vital objective for the intensely competitive global business. During the past, Indian firms have been subjected to the clarion call that the quality of products and services need to be improved to match the level of their superior counterparts in foreign countries. The shift of manager's role in 21 st century provides the context of the quality challenges faced by graduate schools in management. There are several challenges of management education faces which require change in the character and structure of management education, integration of management education with corporate sector, up gradation of curriculum and course content, designing of different programs for executives, emphasis on research and consultancy. There is a huge gap between the vision and the strategy of management education institutions. The Balanced Score Card is a synergy tool that links vision and strategy to everyday action by translating the strategy in to strategic priorities and initiatives, relating these to clear tangible strategic outcomes and have to strive for: satisfied stakeholders, delighted customers, efficient and effective processes and motivated workforce. This study seeks to represent a framework for management education institutions in Madurai city using the four perspectives of Balanced Scorecard approach that can be used to identify critical success factors, possible measures for performance objectives and recommend strategies for realizing vision.
Micro finance is the process of formation of groups to support the poverty incapacitated people by extending money without any collateral security. Micro finance includes savings accounts, insurance products and credit provided to low income unbanked people to increase their economic status in the society. Micro-insurance is a shelter against the hazards of low-income people in exchange of a premium in proportion with the possibility and cost of risk associated. A micro-insurance policy may be a general or a life insurance and done through Non-Government organizations, Self-help groups and Micro-finance institutions. Life Insurance Corporation of India has three microinsurance products namely, Jeevan Madhu, Jeevan Mangal and Jeevan Deep.The main objective of this study is to find out the need for micro insurance among unbanked people and to find out whether micro insurance helps the unbanked people to enhance their livelihood. Simple random sampling is adopted for the collection of primary information from 150 respondents from Tiruchirapalli town by administering a questionnaire. The data collected were analyzed with the help of statistical tools like Percentage analysis and Chi-square test using SPSS package. The respondents revealed that joining in SHG linked LIC results in the overall socio-economic empowerment in their individual lives. The study concludes that the LIC should create more awareness among unbanked people to improve their standard of living by bringing them under the beneficial umbrella of micro insurance.
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