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Dysfunctional turnover occurs when a high-performing employee leaves the organization. [2] Dysfunctional turnover can be potentially costly to an organization, and could be the result of a more appealing job offer or lack of opportunities in career advancement.
An alternative motivation theory to Maslow's hierarchy of needs is the motivator-hygiene (Herzberg's) theory. While Maslow's hierarchy implies the addition or removal of the same need stimuli will enhance or detract from the employee's satisfaction, Herzberg's findings indicate that factors garnering job satisfaction are separate from factors leading to poor job satisfaction and employee turnover.
The Terms of Employment (Information) Act 1994 and 2001, stipulates that each employer must provide an employee with a document stating the basic terms of the contract of employment specifically the date of commencement, job title, pay details, place of work, terms and conditions pertaining to the hours of works and the period of time required ...
At this point, Ireland now had the second-highest level of household debt in the world (190% of household income). [92] The country's credit rating was downgraded to "AA−" by Standard & Poor's ratings agency in August 2010 due to the cost of supporting the banks, which would weaken the Government's financial flexibility over the medium term. [93]
The labour supply curve shows how changes in real wage rates might affect the number of hours worked by employees.. In economics, a backward-bending supply curve of labour, or backward-bending labour supply curve, is a graphical device showing a situation in which as real (inflation-corrected) wages increase beyond a certain level, people will substitute time previously devoted for paid work ...
The following list of countries by labour productivity ranks countries by their workforce productivity. ... 50.2: 51.8: 2022 Ireland: 116.7: 162.5: 2022
A list of "high risk" countries for international travel was published by the Government on 26 January 2021, which included Brazil and South Africa. [235] All people travelling into Ireland from the countries on the list would be required to quarantine at a hotel for a period of 14 days. [236]
The economy and government finances began to show signs of impending recession by the end of 2007 when tax revenues fell short of the 2007 annual budget forecast by €2.3 billion (5%), with stamp duties and income tax both falling short by €0.8 billion (19% and 5%) resulting in the 2007 general government budget surplus of €2.3 billion (1.2% of GDP) being wiped out.