Various ways to motivate employees
As per business assignment help experts, There are many ways by which an employer of online business can motivate his employees and following are the ways:
It is very important for the employer to communicate face to face with his employees instead of just sending mails
and talking on calls. Face to face communication develops a thinking in the mind of the employees that they have value in the organization and the employer know the employees personally (Mayfield, et al., 2015). Communication is also a way by which the employees can easily talk to the employer and can express their views and suggestions.
Offer advancement opportunities:
This is one of the best way to motivate the employees. If the employees will have opportunity of advancement than they will definitely do their best to complete the work on time and to get the opportunity. If the employees will not have any opportunity of advancement then they will not work with their best capability because they have no target to achieve (Uzonna, 2013).
Incentive is a way which almost every company use to motivate its employees because according to this scheme the employees get extra benefits like; gift card, movie tickets, extra paid day leave or other thing to appreciate the work of employees but among of these schemes the cash reward is the best way to provide incentive to the employees.
It is very important to create trust among employees to motivate them. If the employees will feel that the management has trust on them and believes in their work than the employees will work with their best efforts for the growth of the organization and to develop faith in the mind of the employer.
Empower the employees:
Promote an environment in the organization where the employees can freely give their suggestions to the management for the future improvement. To empower the employees provide training to them and ask the employees if they have any idea about how they can be more efficient and then apply their idea (Men and Stacks, 2013). So this is the way by which the employees can be motivated.
Way to maintain culture that encourages employee retention:
Employee retention is an ability of the organization to retain its existing employees in a given period. There are many ways by which the organization can maintain the culture which encourage employee retention and these are discussed below:
Provide attractive compensation package:
It is very important for the organization to offer attractive compensation package to its employees to retain its best employees. If the employees will get better compensation package in other company than he will shift in that company and to avoid this situation it a way to offer good compensation package to the employee (Osibanjo, et al., 2014).
Training and development:
It is also a way to encourage employee retention culture in the organization because training and development programs helps the employees to develop their professional skills and this encourage the opportunity for the employees to grow (Jehanzeb and Bashir, 2013). Training and development programs educate the employees and this helps the employees in promotions.
Work life balance:
It is very important that the organization have a healthy work life balance environment at the workplace so the employees can manage their time for the work and for their family also. If the organization has work life balance than definitely the employees will love to work at that organization because they can manage their professional and personal life easily.
Providing reward to the employees is a way to appreciate the efforts of the employees. It is very important to appreciate the efforts and work of the employees and providing them reward for their performance. The reward can be in cash form or in other form like gifts and other things (Aguinis, et al., 2013).
Aguinis, H., Joo, H. and Gottfredson, R.K. (2013) What monetary rewards can and cannot do: How to show employees the money, Business Horizons, 56(2), pp.241-249.
Jehanzeb, K. and Bashir, N.A. (2013) Training and development program and its benefits to employee and organization: A conceptual study, European Journal of business and management, 5(2).
Mayfield, J., Mayfield, M. and Sharbrough III, W.C. (2015) Strategic vision and values in top leaders’ communications: Motivating language at a higher level, International Journal of Business Communication, 52(1), pp.97-121.
Men, L.R. and Stacks, D.W. (2013) The impact of leadership style and employee empowerment on perceived organizational reputation, Journal of Communication Management, 17(2), pp.171-192.
Osibanjo, A.O., Adeniji, A.A., Falola, H.O. and Heirsmac, P.T. (2014) Compensation packages: a strategic tool for employees’ performance and retention, Leonardo Journal of Sciences, (25), pp.65-84.
Uzonna, U.R. (2013) Impact of motivation on employees’ performance: A case study of CreditWest Bank Cyprus, Journal of Economics and International Finance, 5(5), p.199.
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The main purpose of this Bitcoin assignment help is to evaluate the bitcoin in the concurrent economy and market place. Along with this, the transactions in relation to the bitcoin by the users are also discussed. Furthermore, the economic status of the currency is also evaluated in relation to the exchange rate. In addition to this, the
purchasing power parity and approach for the mining of bitcoin are also assessed to deter the influence over the perspective market. On the other hand, some of it historical path are also analyzed to determine the growth and pricing of bitcoin as well.
Discussion on the Bitcoin
Bitcoin trading has become one of the most ways to payment at worldwide. At the same time, it is also a trending in the market to use the bitcoin for easy and safe payment because the payment through bitcoin in not much bounded for the regulation. On the other hand, it is mostly used by the small business enterprises because it does not charge the credit card fees for transaction.
In the perspective, bitcoin can be purchased through exchanging the currency of different country such as Bitsmap, Bitfinex and Coinbase (Economics, 2015). In addition to this, the bitcoins can be surged from the mining of bitcoins as it can be gained through the solving puzzles and it rewards the 12.5 bitcoins in every 10 minutes. Bitcoins basically stored in the digital wallet so that any one cannot steal from the owner. Bitcoins are also a crypto currency which is used for the purpose of generating units of concerned currency. In relation to this, the bitcoin can be used to purchase online products as it is owned as the money as kept in banks and people need not to move for the banks for safety (Coindesk, 2018). The payment system through bitcoin is started in the year 2009 through encryption method and it is used by the parties as virtual currency. In the exchange market the market valuation of bitcoins have been reached up to the 1 million in the year 2011, it is also expected that the market capitalization might reach up to the 1 billion by 2013 (McGoogan and Titcomb, 2018).
From the above market trading, the year 2013 was the peak time when the bitcoin has reached up to the 1 billion.
(Source: Steemit, 2015)
The working of bitcoin
In order to transaction with the bitcoin, it has a private key which is used for the password and it is unlocked by the receiver through the support of sender. The transaction of bitcoin is traded as follows
Purchasing power parity in the exchange market of bitcoin
The theory of purchasing power parity is used for the exchanging the bitcoins in the market transaction. In this transaction, the purchased product for the nominal rate can be traded at same price in any country. The exchanges are working as the brokers who are providing the platform to the different sellers and buyers. From the market review, it is assessed that the 26 countries are traded over the bitcoin exchange as of April 2015. On the other hand, MtGox collapsed asserts that the risk might occur due to the holding of assets over the digital platform, as hacker locked the $460 million in the year 2013 which was a shock for the bitcoin exchangers.
The purchasing power parity theory is useful in context of buying the basket of goods when party can purchase in any country with any currency. On the other hand, over international market, good arbitration can be occurred when one cheap value of products can be purchase and it can be sold out at the expensive rate. In addition to this, if the price for the goods of basket is different then it may be comparable as it is not exchanged with the nominal rate.
Determination of exchange rate for bitcoin
Here, A, B and C are the countries and p is represented as the price of basket.
From the use of consumer index, the nominal rate for United States and United Kingdom as
UK and USA Exchange Rate from 1996 to 2014
Price of Euro Zone in British Bitcoin
On the basis of above analysis, it can be concluded that the bitcoins are trade at high degree. At the same time, purchasing power parity is relatively related to the nominal rate of the product.
Coindesk, (2018) What is Bitcoin. [Online]. available at: https://www.coindesk.com/information/what-is-bitcoin/ (Accessed: February 06, 2018).
Economics, (2015) Essays on Bitcoin. [Online]. Available at: https://economics.nd.edu/assets/165129/alex_kroeger_essays_on_bitcoin.pdf (Accessed: February 06, 2018).
McGoogan, C. and Titcomb, J. (2018) What is bitcoin, how does it work and what affects its price. Available at: http://www.telegraph.co.uk/technology/0/what-is-bitcoin-everything-need-know-about-the-cryptocurrency/ (Accessed: February 06, 2018).
steemit, (2015) Purchasing Power Parity of Bitcoin compared to the Dollar – Part one. Available at: https://steemit.com/bitcoin/@adis992/purchasing-power-parity-of-bitcoin-compared-to-the-dollar-part-one (Accessed: February 06, 2018).
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In classrooms, we have seen that some students are very sincere and devoted towards academics and some of them are very hostile, rude or confrontational. The latter ones have disruptive behaviour which results in conflict in classrooms (Google Online Learning Management System for Modern Classrooms). There are several factors behind such non acceptable behaviour. But the most important one which influences these students a lot is their classroom environment.
If students find that the learning environment is hospitable, other students are friendly, teachers don’t do any partiality between students and have real concern for them. Then, students respectfully interact with their professors, use social etiquette and common courtesies and actively collaborate with other students. And on the contrary, students respond in a different or wrong way (Steps to turn around on Failing Class in College).
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You are a first year student in college. Your parents have high expectations from you. They want you to finish the course or college with good academic record. Simultaneously, they want you to take care of your health also, as health is also very important part of our life (Strategic Plan for Health Care). If you do not pay attention towards you health, you may spoil your present and future too. Now you have turned to 18, you should be responsible also for all your aspects. But you are unaware of the items in the list, required by you in college for good health.
Health is Wealth! You heard this no. of times. The time has come to really follow this. Your college also wants this. They will provide you a sheet that contains actions that you need to do to maintain your health. From time to time they remind you in different forms.
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Some colleges feel, when parents fill the admission form of their children’s, they should submit the health history also. This helps college to know if there is any health issue with a particular student. Your list should contain the details of immunizations, prescription medication, and physical health.
It is seen that I year students take some time to adjust in college. The environment is totally new for them, new peers, new professors. This makes them not sleep well, they feel stressed, got anxious. So, it is recommended that as you have to live in this environment for three or four years, you should accept the things as they are. But to improve the situation, you can go for a routine check up to your doctor before going to your college. Your family doctor will help you out, as he is aware of your health history and other aspects.
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While studying keep your phone out of your reach. State your study time to your friends so that they don’t disturb you. You can sit in library also as its atmosphere help you to concentrate on your studies well.
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Students to get successful in each and every semester of the course need to do the planning. The way students start their semester predicts their academic success for that year. To succeed in your term you are required to think and decide everything in advance.
First week of the semester should be used by students to plan for the weeks to come. This helps you to complete your course easily and timely.
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