Factors Affecting Employee Retention in Zimbabwean Companies

The decline of the Zimbabwean economy characterised by the high inflation rate has rendered it difficult for Zimbabwean manufacturing to retain talented employees. The quantitative research methodology was adopted in this paper. The sample size of the study comprised 100 respondents who were randomly selected from the manufacturing companies in Zimbabwe. The sample size of the study was made out of 10 managing directors 10 managers 10 supervisors and 70 employees drawn from the 50 manufacturing companies that were randomly selected. It was established that the companies are failing to retain talented employees and a lot of the employees are leaving the organisations. Retrenchments and restructurings have become the order of the day. The study recommended that employees needed to implement employee retention strategies to remain viable.

What Limits the Access of Education for Out of School Children? Implications for Teacher Education

Investigation of reasons for being out of school and how to overcome the number of out of school children by identifying some implications for teacher education is the focus of this study. Thematic analysis was used to explore these reasons by using semi structured interviews of 216 children. Views from social media (Face book) were also collected to get the clear picture of out of school children’s problems. The analysis was conducted with the help of N Vivo 11 plus software. Data highlighted many reasons of being out of school using codes, themes and subthemes. These reasons were unfriendly schools, poverty, illiteracy, gender, disability, and jobless fathers’, fear of sexual harassment, domestic conflicts, high inflation rate and family size. As some of the reasons such as gender bias, unfriendly schools, disability have direct implications for teacher education. Efforts, therefore, were made to identify the required changes in the teacher education. A strategic plan to overcome these barriers was defined at the end for teacher education programs.

Real and gitopetical risks of the future accumulative level of pension insurance in Ukraine

No decisive steps have been taken in Ukraine to introduce a cumulative level of pension provision. The significant number of risks is one of the reasons for this. The purpose of the article is to study the theoretical foundations of hypothetical and real risks of the cumulative level of the pension system in Ukraine, which is expected to be introduced. A number of methods were used in the study, including abstract-logical, methods of analysis and synthesis and comparative analysis. It is argued that the cumulative level of pension provision will be characterized by a number of real risks: organizational and managerial risk, risk of high administrative costs, risk of depreciation of pension savings, selective risk, and risk of insufficient contributions. Hypothetical risks include market volatility risk and criminal risk. The cumulative level of pension provision is significantly affected by the risk of depreciation of pension savings, because given the high inflation rate and devaluation of the national currency, one should not expect a decent level of pensions in the long term, even taking into account the investment component of the cumulative level. It has been established that the domestic legal framework does not specify a mechanism for protection against such a risk, which undermines credibility to the functioning of the entire cumulative component of the pension system. Selective risk and the risk of financial market volatility are closely related to financial market trends and, under adverse conditions, may manifest themselves in the investment component of pension savings. It has been determined that the mechanism for overcoming such risks has not been defined in regulatory legal acts yet. Jointly, these risks determine the lack of principal steps in the process of reforming the modern pension system. In the case of the introduction of the cumulative level of pension provision, a system should be provided to prevent the risks of depreciation of pension savings and selective risks. Further studies will address the mechanisms that can prevent or reduce selective risks and risks of depreciation of pension savings.

Analisis Kinerja Reksa Dana Pendapatan Tetap, Reksa Dana Saham, dan Reksa Dana Campuran (Studi Di Bursa Efek Indonesia – BEI)

This study aims to determine the differentiation of the performance of fixed income mutual funds, equity mutual funds, and mix mutual funds of aspects of real returns. Studies conducted in the Indonesia Stock Exchange – IDX for longitudinal data in 2013 at the condition of macroeconomic weakened by indications the high inflation rate, followed by the increase in the BI rate, the weakening of the rupiah on the US Dollar, and the issue of debt Cailing and tapering off planned by the FED, Data were analyzed descriptively and hypothesis was tested by Kruskal Wallis k-samples. The analysis showed that the performance of equity mutual funds posted positive results and relatively higher than mix mutual fund, while fixed income mutual funds recorded a negative result but thin adrift of the two other mutual funds. However, statistically at 95% confidence interval, performance fixed income mutual funds, equity mutual funds, and mix mutual funds of aspects of the real return is not significantly different, where the average performance of the three mutual funds are under Composite Stock Price Index.Keywords: performance; mutual funds; real return.

PENGARUH INFLASI TERHADAP PROFITABILITAS BANK

Inflation is defined as the general price trend. The tendency here is that the rise is not a momentary one. High inflation and uncontrollable rate can disrupt banking efforts in mobilizing public funds. This is because the high inflation rate causes the real interest rate to decrease. Such facts will reduce the public's desire to save so that the growth of banking funds sourced from the community will decline. This study aims to determine the effect of inflation on the profitability of Bank Syariah period 2012-2014. The results of this study indicate that inflation has no significant effect on the profitability of Sharia Banks in the period 2012-2014. It can be seen from the hypothesis test where tcount is smaller than ttable and Sig> 0,05. No significant effect is because Islamic banks are not obliged to pay returns in a fixed amount, but based on the percentage of profits earned. Also supported by the correlation value of 0.161 which means the relationship can be ignored. The coefficient of determination between inflation on ROA with a value of 2.6%. The rest, profitability is influenced by other factors namely CAR, Operational Efficiency, FDR, NPF and Exchange Rate (Exchange Rate). Kata Kunci: Inflasi, Profitabilitas, Bank Syariah.

Indexation of Mahr (Dower): A Precursor of the Law of Inflation in Iran

One legal issue that has not been clarified properly by Muslim jurists is whether the creditor can claim the rate of inflation from the debtor, especially when the economy is suffering from a high inflation rate. One area where the issue of inflation was taken seriously was the payment of dower (mahr) fixed in Iranian money. Generally speaking, there was no clear ruling in the law allowing women to claim more than the face value of their dower, while the purchasing power of Iranian money had dropped steeply in comparison with the date of marriage. In order to tackle this problem, Parliament passed a very important law in 1997 (reiterated in 2013), that provides for the indexation of dower. This article deals with the indexation of money-dower and the way it is assessed under Iranian law. This law is the foundation of the law of inflation in Iran.

Global Economic Shock Spillovers to the Saudi Economy: An Assessment Framework

This paper introduces a framework for assessing global shock spillover specifically address the global financial spillovers to the Saudi economy by exploring the main fundamental determinants of creditworthiness including key global factors, Macroeconomic and Financial Sector vulnerability. Finally highlights the extent to which the Saudi financial system have been able to regain a sound standing in the aftermath of the recent financial crises to which they have been subjected. The main conclusion is that global financial crisis has had limited direct impact so far on domestic financial markets but, the country was and still effected through trade, reflected in high inflation rate, tighter liquidity and weak investor confidence. Government generous spending has been successful in reducing the impact of the global crisis, but Saudi Arabia should adopt alternative venue to the current high spending levels. In light of anticipated fall in oil prices, the current strategy is not sustainable.

Financial position of food industry in vojvodina during transition period

The paper analyzes the main indicators of the economic position of companies in the field of food industry in Vojvodina. The examined nine-year period coincides with the final stage of the ownership transformation in the Republic of Serbia. Given the length of the examined period, a considerable devaluation of the national currency (60.6%) and a high inflation rate (125.7%), all values are shown in Euros. The increasing business activity in the period of interest is not accompanied by the appropriate financial effects. Food industry enterprises achieved a positive financial result for most of the years in the given period, but with modest profit rates (0.15–3.18%). Net working capital covers only 42.5% in average of the base stock, indicating an unfavourable financial structure and serious liquidity problems. An unacceptably high level of indebtness has been achieved (58.1%), which significantly reduces financial results due to the high financing expense. A further increase of export, combined with the recapitalization by the owners and a partial refinancing of credits, is the way to the companies' financial recovery.

Justice civile et communauté rurale au Québec, 1880-1920

At the turn of the century, civil justice in rural communities was organized into three non-judicialized instances : 1) the Commissioners' Court, 2) the Court of Justices of the Peace and 3) Conciliation measures. In this paper the institutional characteristics of these three community-type instances are examined. A study of available judicial statistics indicates that the level of activity of these instances went through a pronounced decline during the period between 1880 and 1920, specifically because of the high inflation rate. A brief study of judicial records of the Commissioners' Court of Saint-Raymond de Portneuf makes it possible to draw a profile of those who came under the jurisdiction of this kind of court. An examination of legal commentary and judgements on applications for the writ of certiorari reveals the perception that the legal world then had of rural justice.

The effect of a budget deficit on inflation: The case of Tanzania

The Tanzanian economy has remained one of the limited numbers of countries that has experienced a relatively high inflation rate, accompanied by high fiscal deficits for a prolonged period in the absence of any hyperinflation. This paper examines the deficit-inflation relationship in the Tanzanian economy and establishes the causal link that runs from the budget deficit to the inflation rate usingcointegration analysis over the period 1967-2001. Some dynamic simulations are done to gauge the effect of a change in the budget deficit and gross domestic product on inflation over time. Due to monetisation of the budget deficit, significant inflationary effects are found for increases in the budget deficit.