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Q. Final stage of career?
The final stage in one's career is difficult for everyone but is it hardest for those who have had continued successes in the earlier stages. After several decades of continuous achievements and high levels of performance, the time has come for retirement. Managers should be more concerned with the match for new employees and those just beginning their employment careers. Successful placement at his stage should provide significant advantages to both the organization and the individual. Many employees lack proper information about career options. As manager identifies career paths that successful employees follow within the organization, they should publish this information. To provide information to all employees about job openings, managers can use jobs are posting. Job posting provides a channel by which the organization lets employees know what jobs are available and what requirements they will have to fulfil to achieve the promotions to which they may aspire. One of the most logical parts of a career development programme is career counselling. This can be made part of an individual's annual performance review.
Average of Relatives Method We have seen the construction of an index number using the aggregates method. In this section, we shall see the construction of an index using the
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Expects the per capita expenditure: A township expects its population of 5,000 to grow annually at the rate of 5%. The township currently spends $300 per inhabitant, but, as t
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