Dmort Business Solution

Posts Tagged ‘Salary’

Investors are advised to read carefully the derivative contract facilities before investing in this product. If necessary, investors are asking all the worst that may happen before signing the contract agreement.

Yes, again this ancient principles need to be reminded to investors because many investors assessed the lazy to read the contract agreement and the original play’s signature alone. In fact, whether of family education or education at the school during his childhood, surely everyone has heard the adage ‘Researching before you buy’.

“This is not to blame the investors. But sometimes the pursuit of foreign investors only interest without regard to the contents of the contract. This is what often creates problems in derivative contracts, in most cases about derivative transactions unfolding global financial markets after the collapse of the third quarter of 2008, arguably most of the blame lies on the part of investors rather than the financial institutions that provide facilities derivatives.

“I see, so far as giving the bank facility was very obedient derivatives regulation. But it sometimes raises a number of issues which I think is caused by several factors,”  the most important factors that could potentially cause problems is the lack of knowledge of derivatives investors about investing in derivative products. According to him, investors sometimes forget that investing always has risks.

“Most investors think the investment is always safe and there is no risk. And one of the main principles of investment are always risks of investment. Typically, a result of this mindset, when their investment income, appear was a commotion. His bank was to blame and so on. And if seen, the banks have been very obedient rule anyway, still expressed the possibility of bank marketing team is pursuing a strategy of giving facilities derivative derivative product sales packaging with very fine, so it managed to attract investors to buy their products without doing a deeper explanation about the products they sell.

“If this had happened and the customer has a signature, the bank is not in the wrong position. Therefore, it is important investors take an active role before signing the contract agreement. If investors need to ask all the worst that might happen,” said Aviliani.

Moreover, continued Aviliani, investors must ask the underlying funds where they will be placed later. According to him, this is very important because many derivatives contracts that seemed to give promise of the return (return) is impossible.

“There are some cases where a derivative product offering returns of up to 30%. It’s impossible. Investors need to know where their funds are placed later. Investors must ask the underlying derivative products they buy,”The development of derivative products is very fast, even beyond the speed of adaptation of regulations governing the subject. I see the banks are quite cautious in following the development of derivatives. But to watch is the derivative products issued by non-bank institutions, because more lax oversight, “said Aviliani.

Aviliani said the supervision of Bank Indonesia (BI) to the banking institutions in derivative products has been quite tight. This is proved by a ban on banks sell derivative products that are speculative in December 2008.

size Performance
There are three kinds of measures that can be used to quantitatively measure the performance namely:
a. The size of a single criterion
The size of a single criterion (single criteria) is a measure of performance that only use one measure to assess the performance of managers. Weakness when the single criterion used to measure the performance of people will tend to concentrate its efforts on the criteria in the business so that the result of other criteria are ignored, the

likely have the same meaning as important in determining the success or failure of the company.

b. Size range criteria
Size range criteria (multiple criteria) is a measure of performance using various measures to assess the criteria manager. These criteria seek various aspects of the performance of managers, so managers can measure performance of a variety of criteria. The goal is to make use of the various managers who measured its performance lead to different performance.

c. The size of the combined criteria
The size of the combined criteria (composite criteria) is a measure of performance using a variety of sizes, to take into account the weight of each measure and calculate rationality as a measure of the overall performance of managers. Combined criteria is done because the company realized that some goals is more important than other goals, so that some companies give weight to certain numbers on a variety of criteria to obtain a single measure of performance of managers.

These factors can be explained as follows:
1) The Work Itself (The work itself)
According to Lutherans (1998:145), this element describes the views of employees on the job as interesting work, through the work of the employees the opportunity to learn, and gain the opportunity to accept responsibility. According to Robbins (2001:149) “employees tend to prefer jobs that give them the opportunity to use their skills and abilities and offers a variety of tasks, freedom, and feedback on how well they work. …”. The existence of appropriate work skills and abilities of employees expected to encourage employees to produce a good performance.

2) Pay (Salary)
According to Robbins (2001:149) that the employees wanted a system of wage and promotion policies which they perceive as fair, no doubt, and in line with their expectations. When viewed as a fair wage based on job demands, individual skill level, and community wage standards, will likely be generated satisfaction “. The higher the education level of employees, the higher the level the employee is likely to do social comparison with the same comparative employees outside the company. If the salary provided the company with a salary lower than that prevailing in similar companies and have the same type, it will arise against the salary of employee dissatisfaction. Therefore, wages should be determined in such a way that both parties (employee and company) feel equally benefited. Because employees who are satisfied with the salary he received, then it can create job satisfaction is expected to impact on employee performance.
Similarly According Handout (2001: 6), which states that “dissatisfaction as to the amount of compensation of employees is often due to feelings of not being treated fair and reasonable in their payments”. A similar opinion expressed Hasidim (2001: 121) that the remuneration or compensation, the employee will be able to meet physical needs, social status, and egoistical so as to obtain job satisfaction from his post.