Unit 7 Application 2 Essay Example | Topics and Well Written Essays - 1000 words

Unit 7 Application 2 - Essay Example This is the plan not so taxing in terms of starting salary while also provides opportunity for participation in the annual bonus plan. Additionally, the 10% starting salary below market average can easily be offset by benefits in the annual bonus plan. The bonus range is also 0% to 20%, which is way above the difference between salary offered for this plan and the market average. Yes, the HVP plan will most likely increase the job offer acceptance rate. Rejection or acceptance of a job offer by a candidate depends solely on terms and conditions, and that is an area well addressed by the plan. Other than offering flat and uniform terms for all positions, the HR comes with variations in job categories for different jobs, and the three categories allow applicants alternatives from which to choose.The high risk plan is ideal for the first category of applicants ready to assume risks given that their starting salary if way below the market average with a difference of 10%-30%. Nonetheless, such people can participate in the annual bonus plan and they have the highest bonus range, 60% of the current salary. Whatever they miss in their basic salary will most likely be offset by benefits in bonuses, and this makes the plan suitable for just a certain line of people, hence increasing acceptance in that regard (Gully & Phillips, 2010). On the other hand, the low risk plan is ideal for applicants who take no chances with regards to starting salary, and their salary is 5% above the market average even though they do not participate in the annual bonus plans. The offer acceptance rate will then be high for this class of applicants following increase in salaries, and further because they have no interest in annual bonuses (Hayes et al, 2009). Yes, the HVP program will reduce turnover in the short run while it will most likely increase it once offer acceptance is done. The plan will reduce turnover because

'Energy infrastructure often involves cross-border mega-development Essay

'Energy infrastructure often involves cross-border mega-development projects. International law is equipped to deal with the env - Essay Example Developed countries invest in developing countries for their own interest while this results beneficial for the host country too.1 During this entire process of launching a new energy project cross borders, the number of problems and issues are countless. Sometimes this mega energy project faces challenges and creates issues on a global level.2 These may include environmental, human, social, political issues etc. To overcome and to respond to these issues as they may threaten themselves and the world is very important. In this regard international laws are designed so as to maintain and ensure that proper scheme and strategy is being followed and that there are no threats and the project will not in any way harm the environment or humans or any other factor of that country or the world. This paper is aimed to study the effectiveness of the international environmental laws and the challenges faced by the energy mega projects cross borders. Moreover the paper will also discuss their ef fects on the environment and human lifecycle.3 Before launching or planning any energy-mega development project on cross borders, the owners, the engineers, and the project managers have to go through all these policies and laws so as to ensure that their project is in accordance with all the legal laws and regulations and will in no way harm or destroy the environment or human challenges. This will also decrease the chances of failure of the project.4 Mega Energy Projects and International Laws Mega energy projects are one of the most influential entities in the domain of economic growth for any country in the modern world. The utilization of energy in the age of industrialization has immensely increased and it has become a need to develop any country in the economic system of the world.5 The need of energy in order to maintain the development is fulfilled by several energy projects. These energy projects include dams, hydro power plants, gas pipelines and several more to its list. 6 The globalization has congealed each aspect of this world in which all the states are interlinked with each other with the relationship of dependency. Due to globalization, cross border energy projects were firstly introduced which are considered as popular diplomatic agreements among states. The cross border energy mega projects are considered to be the significant force of diplomatic alliances and economic growth for all of the agreed states involved in any certain energy mega project.7 These energy mega projects are not independent of laws on the basis of which the economic growth is evitable. International laws are those laws which involve the common consent of numerous states and nations upon it.8 It is a set of rules which is accepted and generally regarded as the binding force between the nations, even those which are involved in any kind of dispute. International law does not only work as the mediator between the disputed parties that are the public and the stake holders o f energy mega projects but also as the regulator in this diplomatic act.9 The set of international law contains numerous legislations regarding human rights, environmental laws, laws regarding sovereignty and several other laws which are based on past disputes and judicial decisions.10 Cross border energy mega projects often involves more than two states in which international law comes to play its intrinsic role to mediate the consent among the nations. The involvement