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In this week’s edition, importance of compensation, pension fund, allocating scarce resources, and much more.
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- Pension fund
Compensation and Benefits: Definition and Importance
Human Resouce Management (HRM) has never been as significant as it is today. Companies want to attract, retian and motivate brains to meet objectives. Today Humans are regarded as one of every company’s assets so they need to be efficiently and effectively managed. One of the tools companies use to attract, retain and motivate its people is Compensation Management.
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Unexpectedly, Director Fees Move Up
The latest survey of Director Remuneration by Moyle Consulting Ltd shows that 80% of organisations made no change to fee levels. But 20% made significant increases, with these organisations providing a median increase in base fees of 20% for both directors and chairs.
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Lloyds Begins Talks On New Bonus Plan
Lloyds Banking Group has begun consulting shareholders about the terms of a new incentive plan for executive board members and other senior managers.
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Virtual HR Conferences
We invite you to attend one or more of the great conferences lined up for 2010. Watch live webcasts, earn credits, and browse virtual trade show booths. Registration is free for members.
► "Workplace Wellness and Rx Drug Cost Reduction" - February 24, 2010.
Click here for more Info.
► "HRIS Systems - Is Yours Meeting your Needs?" - March 10, 2010.
Click here for more Info.
Click here for more Info on our upcoming virtual events.

It won't cost a penny for these thoughts ... enjoy these blog submissions currently featured on HR.com.
> Guidelines for Allocating Scarce Resources
Scarce resources are a fact of business life. In the wake of devastating budget cuts, furloughs, and/or layoffs, however, “normal” levels of scarcity have been exacerbated. The question for many organizations has become, “How do we move forward from here most effectively?”
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