Starting and Subsequent Earnings of Young Workers in Different Sized Firms

Based upon the highly innovative Project TALENT Longitudinal Database, this study tracks the starting earnings and subsequent early earnings growth of young males who began their work careers at either a smaller (<100 employees) or larger private firm more than a generation ago. Prior evidence based upon less rich databases found that earnings were systematically higher in larger firms but did not have access to many other variables that could affect projected earnings which are available in the TALENT database. Earnings regressions are estimated here including not only usual explanatory variables of years of schooling and labor market experience, but also adding other variables pertaining to prior job experience, military service, IQ, socioeconomic background and some other factors. The findings indicate that while starting earnings of those in this database were indeed higher in larger firms, the gap evaporated fairly quickly with projected earnings of those in smaller firms featuring a small earnings premium. The results here suggest guidance based upon the body of prior evidence may have been less reliable than thought, and that evidence itself may not provide as useful a baseline as desired for subsequent research addressing whether this pattern continues for recent cohorts.

The effect of organizational communication, transformational leadership and organizational learning to OSH performance A Case Study in PT WASKITA KARYA

Cases of work accidents are still happening today, including the construction service company. It indicates that the safety performance of construction service companies is not optimal, so it is important and needs to be investigated, especially safety culture, organizational communication, learning organization, and transformational leadership. Hence, this study explores the role of organizational communication in mediating the influence of transformational leadership and learning organization on safety culture and safety performance. The study used a quantitative approach through a survey with a questionnaire instrument designed on a Likert scale. The participant is 218 workers of PT. Waskita Karya (Persero) Tbk. Data analysis using structural equation modeling. The results showed that transformational leadership, learning organization, and safety culture had a positive and significant direct effect on work safety performance and safety culture, in addition the result also confirm that the key success factor for safety performance is organizational communication. Based on these findings, practically it is recommended that organizational communication among the workforce needs to be improved continuously to make a greater contribution to safety culture and performance.

Electronic Business-to-Business Marketplace Transformation in the Chemical Industry: Will the Second Wave Succeed Where the First has Failed?

The global chemical sales are expected to be worth over €6,000 bn by 2030 and this offers a very significant market size for businesses to be transacted electronically. It is generally believed that the first wave of the electronic business-to-business marketplace featured very strongly into the chemical industry sometime in the late 1990’s, but in just over a few years many of these electronic marketplaces started to close down or being merged with others, and later on they too disappeared from the chemical industry. Many of them had failed to sustain themselves in the marketplace and survived. From 2005 onwards, it became apparent that the second wave of electronic marketplaces started to enter the chemical industry again. Electronic marketplaces were being set up by chemical manufacturers and distributors, with many of them even setting up multiple web storefronts, to promote their products. This research will look into the chemical distribution market size, supply chain activities, as well as the various electronic marketplaces present in the chemical industry. The Author will investigate into the reasons why the first wave of chemical electronic marketplaces did not manage to sustain themselves in the market and the possible reasons for their failure. The types of electronic marketplaces during the second wave were investigated in great detail. What are the differences in the types of electronic platforms in the second wave and will they stand a chance to survive this time round, when many of them have failed in the first wave? This research will attempt to investigate the possible strategies through the digital marketplace, by both chemical manufacturers and distributors, in their effort to capture greater market share.

ASPECTS OF GREEN MARKETING, PRODUCTS, PRICES, AND BUYING INTEREST AT SUPER INDO OUTLETS

Green marketing is basically a social marketing concept that protects and builds consumer welfare by paying attention to environmental sustainability. In the business context, the green marketing aspect is starting to become an aspect that is used as the basis for showing the advantages of a business. This study aims to see how green marketing moderates the effect of product and price on consumer buying interest. The aspects studied in this study include product aspects, price aspects, green marketing aspects and their influence on buying interest. The study was conducted in Yogyakarta with random sampling of Super Indo consumers. Field data collection is carried out in the period from May to July 2021. Data collection is carried out by distributing questionnaires with validity and reliability tests first. Data analysis was carried out using the Regression-Moderation model with product and price aspects as independent variables. Aspects of buying interest as an independent variable, while the green marketing variable as a moderating variable. The results of this study indicate that product and price aspects in general still have an effect on consumer buying interest. Meanwhile, an understanding of green marketing has a significant influence in moderating the relationship between products and consumer buying interest in Super Indo Supremarket retail.

Factors Affecting Customer Loyalty in The Dive Tourism Industry in Indonesia

Diving Industry in Indonesia has huge potential needs to be managed properly in order to carrying out the concept of green tourism, but it has not been supported by the optimal performance of dive centers. That is marked by the low level of loyalty of diving tourism consumers. The purpose of this research is to analyze the effect of Green Marketing and Service Quality to Customer Satisfaction and Customer Loyalty of Diving Tourism Customer. Research Method used in this research is descriptive analysis with research design used is explanatory design. The research object is 12 (twelve) dive centers is spread on Three provinces in Indonesia. Analysis unit are experience and certified divers with total 200 respondents. Each sample from dive center is chosen proportionally. Technic Sampling is judgment sampling. The tool analysis used is statistic descriptive supported by SPSS software and statistic inferential supported by software of Lisrel Version 8,80. The research result described that practiced of green marketing, service quality have positif impact on Customer satisfantion and Customer loyalty of divers although there are still indicators that are indicating low impact. The results of the causality study state that : a) Green marketing has no significant affect on customer loyalty, b) Green marketing has significant affect on satisfaction, c) The service quality has no significant affect on customer satisfaction,d) The quality of service has no significant affect on customer loyalty, e) The customer satisfaction has significant affect on customer loyalty. Keyword: Green Marketing, Service Quality, Satisfaction, Loyalty, Dive Tourism,Indonesia

Metro Transport Corporations:

Urban mobility revolution is transforming and traditional transportation agencies may be ill-equipped to oversee the changes. Even before the COVID-19 pandemic, U.S. transit ridership was down as more people in metropolitan areas chose the convenience of options like Uber and Lyft. The apparent durability of working from home has exacerbated both fiscal and equity challenges for transit. Meanwhile, vehicle travel is already ahead of pre-pandemic levels in 15 states. The combination of reduced transit ridership and more cars threatens to worsen the challenges posed by climate change. Consumers have demonstrated their preference for the convenience new technologies provide. But the skills and capabilities of traditional urban transit agencies do not foster innovation. We propose that urban mobility be overseen by “Metro Transport Corporations,” public-private partnerships that combine the accountability of government with the entrepreneurial and technology-savvy influence of the private sector to address equity and sustainability challenges while driving superior customer service.

THE IMPACT OF MICROFINANCE SUPPORT ON THE DEVELOPMENT OF MANUFACTURING SMEs OPERATING IN WINDHOEK, NAMIBIA

Over the years, the superlative contribution of SMEs on economic growth predominantly in emerging states such as Namibia has been gaining considerable prestige at a rapid rate. However, deficient access to cost-effective financial adequacy remains a leading stumbling block that denies them the opportunity to survive in a competitive market, grow and develop above the average. That being true, the rate of SMEs’ failure continues to escalate precisely among those that are in their early stage of operation. To curb that specific issue, microfinance institutions (MFIs) intervene to provide dual supports through the delivery of financial and non-financial services. Access to such support helps SMEs to reduce their financial constraints, resulting in sound and viable development for businesses. In this respect, the central objective of this study was to investigate the impact of microfinance acquisition on SMEs’ development with reference to the manufacturing firms in Windhoek, Namibia. Evenly relevant, the study sought to further assess the effect of acquired microfinance support on competitiveness and finally devise suitable strategies that MFIs could adopt or adapt to improve the provision of microfinance services to penurious SMEs. The study employed a pragmatistic paradigm. Therefore, mixed research methods constituting both quantitative and qualitative approaches were utilised to successfully attain the threefold objectives of the study. 60 questionnaires were disseminated through emails to the sampled SMEs for data collection where only 44, accounted for 73% were considered for further analysis. Regarding financial support, the study assessed the matter based on technology enhancement, assets capital accumulation, job creation, business’ branches extension, and product development and expansion. Similarly, assessment on non-financial support was focused on managerial and leadership skills, as well as unblemished financial management. To test the nexus between microfinance support and SMEs’ development, multiple regression analysis was employed at 5% level of significance. Findings presented by the study revealed a positive strong relationship between the variables. More to that, the correlation between microfinance support and SMEs’ competitiveness was tested using correlation coefficient analysis and results found the variable to be statistically correlated. To this end, the study affirms that there exists a significant positive impact of microfinance support on SMEs’ development and competitiveness, implying that healthy and ample microfinance institutions are immensely essential to provide the required support lucratively, using the most satisfying strategies for a mutual benefit of the involved parties. Therefore, three strategies for improving the provision of microfinance support, constituting Public Credit Guarantee Schemes (PCGS); compensation of interest rate with the repayment period; and the provision of tools and equipment were designed. Also, the study recommended government intervention in formulating policies necessary for easing collateral requirements. More, MFIs are also advised to find ways for fastening their evaluation processes and give feedback on approval or disapproval of the application soon. They should also allow potential SMEs to borrow multiple times in a year or increase the principal amount. Finally, the study suggested future studies to focus on the role of the government in addressing SMEs’ financial constraints and use a longitudinal approach with a predominant focus on other sectors.

While the Music Industry Slept

The music industry was caught off guard by what were initially external forces: the internet and Apple. It changed a business model that had been financially beneficial for decades.

The Democratization of Luxury Products with Influencer Marketing

Female influencers, who are enthusiastic about disclosing their lifestyles to the masses on social media on topics ranging from giving personal skin care to themselves at their homes to matching different outfits and creating combinations for date nights as the latest fashionistas, to preparing diet and healthy meals for having a fit body shape, or showing how to exercise to have a balanced work-out, try to change the lifestyle habits and the conversation topics in the lives of many young people by presenting themselves as opinion leaders, view affecters or digital penetrators (Deniz, 2021, p. 49). Lifestyle influencers who prepare make-up tutorials in which they set the new trends by also adding parts from their own lives such as going shopping and purchasing different outfits, and going for a meeting with a group of friends at a restaurant with a luxurious product such as a bag, not only help the dissemination of brand awareness, but also motivate young people to try new masstige products by inciting them to hedonic shopping. Many lifestyle influencers are fond of luxury products and they prepare vlogs in which they open a special luxury product such as a bag and this can be named as a transformation of luxury products because these special goods that address to the elite become visibly available to the masses through social media, which is a populous tool. This research aims to show what influencer marketing is in fact about and how influencer marketing creates brand awareness of luxury products by showing these products as a part of influencers’ lifestyle. The results show that influencers’ introduction of luxury products on social media helps the democratization process of luxury products.

Evidence from Supervisory Measures for Bank Lending and Npls Control During COVID 19 Crisis

The highest impact of Covid-19 crisis on banks is related to their loan portfolios where many borrowers are facing sharp collapse in their income, and difficulty in repaying their obligations. Regulatory and supervisory authorities have issued statements or guidelines to banks on how to deal with the impact of the outbreak, including relation to easing loan terms and conditions for impacted borrowers. This paper aims to provide some policy views on the appropriate response to Covid-19. Supervisors and regulators should play an integral part contributing to public policy responses to the pandemic. Consistent with their mandate of ensuring safety and soundness, supervisors’ action requires a balancing act where banks are encouraged to restructure loans and use the flexibility embedded in the prudential framework by financing viable firms. This paper presents the state of arts and some considerations about the future banks’ conditions facing NPLs increase and their earnings reduction.