Discuss the Responsibility of HR with Regard to Planning and Administering

question 22

Essay

Discuss the responsibility of HR with regard to planning and administering pay and benefits.Also,analyze the impact of this function on an organization.

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Definitions:

Voting Rights

Voting rights are the rights of shareholders or members to vote on key issues within an organization or corporation, often proportional to their ownership or membership level.

Capital

Refers to wealth in the form of money or assets, owned by a person or organization or available for purposes such as starting a company or investing.

Solar-Powered Lighting

Lighting systems that use solar panels to convert sunlight into electricity, providing a sustainable and energy-efficient source of illumination.

Initial Public Offering

The first sale of a company's shares to the public, marking a private company's transition to a public company.