scholarly journals A DC Scheme to Maximize the Benefits of the Public Sector Employees Based on Behavioral Finance

2021 ◽  
Vol 3 (2) ◽  
pp. 44
Author(s):  
Yueling Zhao
Keyword(s):  
Behavioral Finance ◽  
Questionnaire Survey ◽  
Pension Plans ◽  
Risk Tolerance ◽  
Automatic Registration ◽  
Contribution Rate ◽  
The Public ◽  
Tolerance Level ◽  
Investment Choice ◽  
Public Sector Employees

This paper introduces DB and DC pension plans, reviews the literature of DC pension plans, and puts forward three application strategies: automatic registration default contribution rate and annual automatic growth contribution rate, the risk tolerance level of different employees was evaluated by questionnaire survey, and individual investment choice of employees with different risk tolerance.

scholarly journals Motivation In Public Sector Unionized Organizations

2011 ◽  
Vol 9 (1) ◽  
Author(s):  
Martin D. Carrigan
Keyword(s):  
Public Sector ◽  
Pension Plans ◽  
Work Place ◽  
The Public ◽  
Public Sector Employees ◽  
Public Sector Unions ◽  
Substandard Performance ◽  
Sector Work ◽  
Public Sector Work

Developing creative ways to motivate unionized public sector employees is a growing concern.  The concept of motivation within the public sector work place is something that is generally understood but unfortunately not often practiced.  This paper looks deeper at the perception that public sector unions receive overly generous compensation and pension plans while their members deliver substandard performance.

Evaluating the Financial Performance Through ‘Consumer Centric Decision’ Approach in Pharmaceutical Companies of Bangladesh: a Business Planning Perspective

2017 ◽  
Vol 9 (1) ◽  
pp. 168
Author(s):  
Md Mostafizur Rahman ◽  
Mahmud Uz Zaman
Keyword(s):  
Market Share ◽  
Swot Analysis ◽  
Financial Analysis ◽  
Pharmaceutical Companies ◽  
Short Term ◽  
The Public ◽  
Investment Choice ◽  
Good Investment ◽  
Business Analysis

Pharmaceuticals agglomerations consistently use their brand image and versatile product portfolios to consolidate their position in the financial sector, which is evident in their continuous profit making and expansion in market share. This paper explores the short-term and long-term investment attractiveness through ‘consumer centric decision’ approach in two selected pharmaceutical companies, Renata Limited and Orion Pharma Limited, of Bangladesh over the last three years’ period. This research adopts a systematic approach which primarily addresses the various concerns of investors to illustrate the decision-making process of the existing and future investors. Using primarily domestic transaction data, this study explores how the leading pharmaceuticals companies of Bangladesh effectively use the wide array of drug portfolios mix with appropriate branding techniques to increase their financial profit and market share simultaneously. Both SWOT analysis and Porters Five Forces Model explore the business analysis of Renata Limited in compare to Orion Pharma Limited that provides a conclusion regarding investors’ decision to invest in Renata Limited. Considering the financial analysis, Renata’s financial liquidity is not very satisfactory and could have been improved further if management is prudent on financial strategy settings. Findings of the business analysis indicate that Renata Limited would be a good investment choice for existing and prospective shareholders based on its opportunities for long term and short term growth and further expansion in developing the market. The results suggest that even lower liquidity coupled with higher interest borrowings can be balanced by posing positive picture to the public shareholders by returning the positive dividend to them.

Drivers’ Attitudes, Understanding, and Acceptance of Passing Lanes in Kansas

1998 ◽  
Vol 1628 (1) ◽  
pp. 25-33 ◽  
Author(s):  
Madaniyo I. Mutabazi ◽  
Eugene R. Russell ◽  
Robert W. Stokes
Keyword(s):  
Questionnaire Survey ◽  
Project Evaluation ◽  
Department Of Transportation ◽  
Local Conditions ◽  
Improvement Project ◽  
The Public ◽  
Pavement Markings ◽  
Design Practices ◽  
Comprehensive Study ◽  
Just Right

Traditionally, highway improvement project evaluation is done without incorporating highway users’ views. The Kansas Department of Transportation (KDOT) wants drivers to be satisfied and have “good feelings” about its passing lanes program. KDOT needs input to decide whether passing lanes are efficient, safe, and acceptable to the public. Drivers’ views were solicited via a questionnaire survey which was part of a comprehensive study on passing lanes in Kansas. Generally, drivers support the passing lane program and suggest construction of more passing lanes. Drivers think that passing lanes are more beneficial for improving safety than for saving time. They are equally divided on the length of passing lanes between “too short” and “just right,” although the provided lengths are within the recommended optimum lengths found in the literature. The “too short” responses could be due to existing passing lane spacings, preference of four-lane highways over two-lane highways, and difference in local conditions from those used to determine lengths. Drivers cited fellow drivers’ failure to follow signs and markings properly, and failure to use the lanes properly; this seems to indicate that improvements in signing and pavement markings should be considered. A smaller proportion of drivers, satisfied with a lower frequency of local travel on a route closer to the state’s borders (i.e., more unfamiliar drivers), suggests the importance of standardizing highway operating and design practices throughout the country.

Motivations of Federal Workers to Volunteer In Public Sector Special Events

2020 ◽  
Vol 24 (1) ◽  
pp. 33-46
Author(s):  
Keon Artis ◽  
Seung Hyun Lee
Keyword(s):  
Public Sector ◽  
Federal Government ◽  
Event Management ◽  
Theoretical Contribution ◽  
The Public ◽  
Factors Associated ◽  
Special Event ◽  
Special Events ◽  
Public Sector Employees ◽  
Government Workers

Volunteers are considered a core component of special events and they have proved to be an asset to the execution of special events. Although motivations of volunteers have received a great deal of attention from many organizations and individuals in the private sector, little research has been done on motivations of volunteers in the public sector, or within the federal government. Therefore, this article identified motivational factors that prompt federal government workers to volunteer at a government-related special event. A survey was used to gather data from a volunteer sample of 263 individuals who had volunteered for public sector special events in recent years. Exploratory factor analysis and t test were employed to establish motivations that stimulate public sector employees to volunteer for special events and further determine the differences in motivation between females and males. The results showed that government workers mostly volunteer for purposive motive and external motive. In addition, gender played significant roles on egotistic and purposive motives. Thus, this research provides a unique theoretical contribution to research in event management by advancing our understanding of the process by which factors associated with motivation can lead to federal government workers volunteering at a government-related special event; subsequently, impacting how event planners and organizers of public sector special events market to and recruit volunteers.

SOME ASPECTS OF THE PUBLIC/PRIVATE DICHOTOMY IN PENSION PLANS

1980 ◽  
Vol 33 (3) ◽  
pp. 381-389
Author(s):  
GERARD M. BRANNON
Keyword(s):  
Pension Plans ◽  
The Public

The acceptance of spelling variants as symbols of Croatian spelling changes (1994–2013)

2021 ◽  
Vol 24 (1) ◽  
pp. 110-148
Author(s):  
Tomislav Stojanov
Keyword(s):  
Questionnaire Survey ◽  
Native Speakers ◽  
First Year ◽  
Educational Setting ◽  
The Public ◽  
Study Programme ◽  
Spelling Variant ◽  
The Media ◽  
Technical Study ◽  
The Impact

Abstract This paper discusses the impact of several spelling changes in Croatian on the level of the literacy of native speakers. Since 1986, there have been five official recommendations for usage that pertain to five different orthographic manuals. This research focuses on three spelling points with considerable identity-related repercussions among the public and the media, which are sometimes named the spelling symbols of Croatian. A questionnaire-survey comprised of 36 tests was completed among 1063 students on a technical study programme each year for eight consecutive academic years. Eight generations of first-year undergraduates, who do not study language in an educational setting, have accepted the new spellings, contingent on a frequency principle. The more frequent a spelling variant occurs, the less the chance that the new spelling variant is accepted, and vice versa. Given the lack of established and enduring spelling norms, combined with ideological oppositions between the old and new spelling forms, students have been guided mainly by their capacity to write the most common form.

scholarly journals The Defeat Depression Campaign

1997 ◽  
Vol 21 (3) ◽  
pp. 148-150 ◽  
Author(s):  
Ann Macaskill ◽  
Norman Macaskill ◽  
A. Nicol
Keyword(s):  
Clinical Practice ◽  
Royal College ◽  
Questionnaire Survey ◽  
Clinical Management ◽  
The Public ◽  
Health Practitioners ◽  
The Impact

The Royal College of Psychiatrists launched a five year campaign in 1992 to better inform health practitioners and the public about depression. A questionnaire survey of Sheffield general practitoners (GPs) to assess the impact of the Defeat Depression Campaign on their knowledge and clinical management of depression was carried out in May 1994, half way through the campaign. Overall, 75% of GPs who responded indicated that the Defeat Depression Campaign had had little or no impact on their clinical practice. It would appear that at its mid-point the Defeat Depression Campaign failed to achieve its main goals in relation to educating GPs about depression and its management.

Ethical climate, corporate social responsibility and organizational performance: evidence from the UAE public sector

2018 ◽  
Vol 14 (4) ◽  
pp. 737-752 ◽  
Author(s):  
Sherine Farouk ◽  
Fauzia Jabeen
Keyword(s):  
Corporate Social Responsibility ◽  
Public Sector ◽  
Organizational Performance ◽  
United Arab Emirates ◽  
Ethical Climate ◽  
Codes Of Ethics ◽  
Content Type ◽  
The Public ◽  
Public Sector Employees ◽  
Corporate Social

PurposeResearch about ethical governance and corporate social responsibility (CSR) in the United Arab Emirates is still in its infancy. This study aims to explore the public sector employee’s perception toward ethical climate, codes of ethics and CSR and its impact on organizational performance. This research sheds light on the link between formalized ethical procedures and employee responses including CSR, organizational engagement and organizational performance.Design/methodology/approachData were collected from 426 middle-level public sector employees in Abu Dhabi, the capital of the United Arab Emirates, using structural equation modeling to test the proposed hypotheses.FindingsThe findings of this study suggest that an ethical climate is an important organizational component, and that the incorporation of effective codes of ethics and CSR initiatives is desired. Perceptions of public sector employees are positively influenced by the organization’s ethical climate and CSR activities, which in turn affect organizational performance.Research limitations/implicationsThe study provides managerial insights for improving the ethical climate and CSR within the public sector context in the United Arab Emirates.Practical implicationsThe study offers implications for public sector employers and points out that public sector employers should formulate policies to boost the ethics and CSR environment at workplace to attain competitive advantage.Originality/valueThe paper contributes to the literature by being one of the first to study organizational ethical climate and CSR within a Middle Eastern public sector context and offers implications for theory and practice.

scholarly journals Assessment of Accountability Practices in the Public Sector of Malaysia

2019 ◽  
Author(s):  
Jamaliah Said ◽  
Md. Mahmudul Alam ◽  
Razana Juhaida Johari
Keyword(s):  
Public Sector ◽  
Financial Management ◽  
Primary Data ◽  
Policy Makers ◽  
The Public ◽  
Public Sector Employees ◽  
General Average ◽  
Data Validity ◽  
Accountability Practices ◽  
Survey Approach

Ensuring accountability in the public sector is a very crucial issue as it could lead to failures in governance, fraud, inefficacy, corruption as well as weak financial management. This study evaluated the state of present accountability practices among public sector employees from various Malaysian service schemes. Primary data were collected, using a questionnaire survey approach with 194 heads of departments in the Malaysian federal ministries. Data was collected in accordance with the perspective of 12 factors in accountability practices, using a five-point Likert scale. Factor analysis and descriptive statistics were utilized for data analysis. In addition, data reliability was checked by Cronbach’s alpha test; data normality was examined by Skewness and Kurtosis tests, and data validity was tested by using Kaiser-Meyer Olkin test and Barlett’s test. The findings show that 94.9% of the participants reported that they practised accountability within their departments. Nevertheless, the priority for these accountability factors varied according to the service schemes. In general, the perceived accountability practice was the highest within the group of the administrative scheme and the lowest among the employees under the accounting scheme. Moreover, the perceived accountability practice of the audit scheme was below the general average level. This findings of the study would help policy makers to take necessary steps to improve the practices of accountability in the public sector for creating a more dependable and efficient public sector in Malaysia.

scholarly journals Visualizing Uncertainty for Non-Expert End Users: The Challenge of the Deterministic Construal Error

2021 ◽  
Vol 2 ◽  
Author(s):  
Susan Joslyn ◽  
Sonia Savelli
Keyword(s):  
Cognitive Processes ◽  
End Users ◽  
Risk Tolerance ◽  
Decision Quality ◽  
Natural Setting ◽  
Critical Question ◽  
The Public ◽  
Growing Body

There is a growing body of evidence that numerical uncertainty expressions can be used by non-experts to improve decision quality. Moreover, there is some evidence that similar advantages extend to graphic expressions of uncertainty. However, visualizing uncertainty introduces challenges as well. Here, we discuss key misunderstandings that may arise from uncertainty visualizations, in particular the evidence that users sometimes fail to realize that the graphic depicts uncertainty. Instead they have a tendency to interpret the image as representing some deterministic quantity. We refer to this as the deterministic construal error. Although there is now growing evidence for the deterministic construal error, few studies are designed to detect it directly because they inform participants upfront that the visualization expresses uncertainty. In a natural setting such cues would be absent, perhaps making the deterministic assumption more likely. Here we discuss the psychological roots of this key but underappreciated misunderstanding as well as possible solutions. This is a critical question because it is now clear that members of the public understand that predictions involve uncertainty and have greater trust when uncertainty is included. Moreover, they can understand and use uncertainty predictions to tailor decisions to their own risk tolerance, as long as they are carefully expressed, taking into account the cognitive processes involved.

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