IAHRW International Journal of Social Sciences Review

Sonam Jakhar ¹

Affiliations
1 Department of Economics, N. M.Govt. P. G. College Hansi, Hisar, Haryana, IN

Abstract

The present study reports the organizational strategies that promote employee retention cross consulting organizations like TCS, Wipro, Ernst & Young, & Bank of America. Organizational practices these days have turned increasingly streamlined and integrated. These focus employee involvement and lay down a strong emphasis on collaboration and shared leadership. This paper seeks to help leaders discover and build on work practices that would support employee retention and morale within the organization. The paper reviews extant literature on organizational culture, leadership, staff morale and retention and later forms conclusions on basis of analysis of data collected through self-administered questionnaires.The study reveals two overarching themes, financial compensation and opportunities for growth and development. Strategies recommended are alternate compensation plans, leadership development and succession planning, and mentoring and coaching opportunities.

Keywords

Employee Retention, Consultancy, Employee Morale.

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Sonam Jakhar ¹

Affiliations
1 Department of Economics, N.M. Govt. P.G. College, Hansi, Hisar, Haryana, IN

Abstract

Just as people in different countries speak different languages, they also transact business in different currencies, requiring conversion from one type of money to another. The International Monetary System comprises the set of rules and practices that govern how debts are honored and paid between and among nations with different national monies. When the system is functioning smoothly, all countries gain from international flows of goods, services, and capital the system is an int'l public good. But when it breaks down or is poorly organized, nations are unable to sustain high levels of trade and investment. The present paper reviews on history of international monetary system.

Keywords

International Monetary System, Rules, Practices.

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Sonam Jakhar ¹

Affiliations
1 Department of Economics, N.M. Govt. P.G. College, Hansi, Hisar, Haryana, IN

Abstract

Economic Survey is an annual commentary on the state of the economy of India which is put together by Finance Ministry. Economic survey is presented every year shortly before presenting the Union Budget of Govt. of India. Economic Survey provides an opportunity for the government of to spell out its economic agenda. The govt. also represents its issues and priorities. The present paper reviews characteristics of economic survey of Haryana.

Keywords

Haryana's Economy, Survey, Characteristics.

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Sonam Jakhar ¹

Affiliations
1 Department of Economics, N.M. Govt P.G. College, Hansi, Hisar, Haryana, IN

Abstract

Insurance is an important growing part of the financial sector in virtually all the developed and developing countries (Das et al., 2003). A resilient and well regulated insurance industry can significantly contribute to economic growth and efficient resource allocation through transfer of risk and mobilization of savings. In addition, it can enhance financial system efficiency by reducing transaction costs, creating liquidity and facilitating economies of scale in investment. (Bodlaetal.,2003).The present paper reviews the factors and role of insurance in economic growth and development. The present paper reviews on role of insurance in economic growth and development.

Keywords

Economic Growth, Insurance, Development.

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Sonam Jakhar ¹

Affiliations
1 Department of Economics, Chaudhary Bansi Lal University, Bhiwani, Haryana, IN

Abstract

Haryana, a state earlier known for its agriculture production has transformed now to a state known for well rounded development. The trajectory of state's growth and development has been progressive since its formation. It has set the example for achievement of significant landmark in its strive as a hub for industrial products evident from the fact that Haryana today is a major manufacturer of passenger cars, motorcycles, tractors, bicycles, refrigerators and scientific instruments. Manufacturing refers to the process of converting raw material into finished goods for use or sale on a large scale with the help of mainly labor and machines. This paper aims at studying the manufacturing status of Haryana, and its contribution to the Gross State Domestic Production (GSDP). There are many manufacturing units in Haryana which help to increase production, employment opportunities and state contribution to India's GDP. Although, the economy of Haryana is mainly agriculture based but still its manufacturing sector plays a prominent role in promoting the growth rate of the state.

Keywords

Haryana, Manufacturing Hub, GSDP, Industrial Production, Economy.

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