Economics essentially studies the way in which mankind provides for the material well being. It’s thus concerned with the way people apply their knowledge, skills and effort to the gift of nature in order to satisfy human their material wants. Read More …
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STRATEGIC DECISIONS NOTES
This focuses on effectiveness or performance of the organization as a whole. Effectiveness or performance of an organization as a whole may depend on various factors e.g. role in social responsibility, corporate image, and business portfolio. Business portfolio i.e. the Read More …
TOPIC 11 EMERGING ISSUES AND TRENDS IN LABOUR LAW AND INDUSTRIAL RELATIONS
TOPIC 11 EMERGING ISSUES AND TRENDS IN LABOUR LAW AND INDUSTRIAL RELATIONS 11.1 Emerging trends and issues Minimum Wages: In countries which have a legal minimum wage three concerns are evident. The first is that minimum wage levels sometimes tend Read More …
TOPIC 10 LAWS RELATING TO REMUNERATION OF WORKERS
TOPIC 10 LAWS RELATING TO REMUNERATION OF WORKERS 10.1 Legal provisions governing employee remuneration (Regulations of wages and conditions of employment act cap 229) Meaning of remuneration – Refers to the amount paid or to be paid to the employee Read More …
TOPIC 8 WORKMAN’S COMPENSATION ACT (LAWS OF KENYA)
TOPIC 8 WORKMAN’S COMPENSATION ACT (LAWS OF KENYA) It has been in force in Kenya since 1949. Objectives of Workman’s compensation Act: to provide for compensation for loss of caring capacity suffered by workmen injured or who meet death in Read More …
TOPIC 8 LAWS RELATING TO TRAINING OF WORKERS
TOPIC 8 LAWS RELATING TO TRAINING OF WORKERS 7.1 Meaning and history of Industrial training In the context of preparation for occupational roles, ‘education’ meaning instruction and learning broadly relevant to performance in all or a considerable number of occupational Read More …
