Job Analysis and Job Design Essay Example | Topics and Well Written Essays - 500 words

Job Analysis and Job Design - Essay Example It states the duties and responsibilities of various people in a particular job. The statement of work is a document that defines and captures the work activities, timelines, and deliverables that vendors must execute in their performance of a particular job. In the HR management, job analysis is valuable since it aids in the preparation of sound human resource policies and practices. That is because job analysis provides a deeper comprehension of the behavioral requirements of a particular job thus playing a significant role in the defense of HR employment practices. Besides, job analysis improves the management of a company since it helps in human resource planning. The process also provides information on methods of recruiting and selecting employees who can best fit the job requirements. Moreover, the process is essential in HR management since it guides the compensation and performance appraisal of the employees. The reason is that it provides clear-cut principles of performance for each job that can be used to determine pay surveys and appraising workers that perform their duties and responsibilities appropriately. Job design refers to the specification of content, structure, methods, relationship and configuration of the jobs to satisfy both the organizational, technological, social and personal requirements of a jobholder. Job design involves putting together different elements to form a job while considering the organizational, health, safety, and the individual worker requirements. The process involves integrating all the job responsibilities and specific qualifications that are needed to perform the same (Shantz, Alfes, Truss & Soane, 2013). In the human resource management, job design is essential since it improves the management of an organization thus enabling it to perform its activities in an efficient and effective manner. That is because it provides

1-calculate the Z-Score & Comment on the results,2- Find a debt rating Assignment

1-calculate the Z-Score & Comment on the results,2- Find a debt rating & Comment on the rating - Assignment Example It can also be used to evaluate the managers of a company, if the Z-score is favourable then the managers are doing a good job and the converse is also true. Additionally, the model can be used to check the viability of the firm before seeking employment and also to predict business failure of the company Debt rating refers to the continued monitoring of the firm’s financial status after they have been issued with a debt (Javier, 2014). The ratings are expressed as letters ranging from ‘AAA’ which represents the highest investment grade to ‘C’ which represents the lowest investment grade. This rating has an impact on the returns that must be offered in order to sell the debt instrument. For a firm to be considered suitable for investment, it must achieve a greater credit rating which is a crucial threshold because many funds are prevented by their ratings from any investments in bonds. Using the Standard and Poor’s debt rating agency, the above ratios indicate that the firm has a credit rating grade of B and below which is the low credit rating also referred to as the non-investment grade and is an indicator that the company is facing significant financial risks. Therefore, the power corporation should take necessary steps to prevent the company from being declared