Question

• "Defined Benefit" and "Defined Contribution" retirement/pension plans. Define and explore differences. Which is more popular today?

• "Vesting". What is it and what are the options?

• "Expatriate", define and learn how this is used as a business/HR tool.

• What is a "learning organization"?

• Explain all of them detailed

Answer 1

- defined benefit pension plan provides a specified payment amount in retirement while a defined contribution plan allows employees and empoyers to ontribute and nvest funds over time to save for retirement.

defined contribution plans are funded primarily by the employee, with the employer matching contributions to a certain amount. the contribution are invested, at the participant's direction, in select mutuall funds, money market funds or individual stocks offered by the plan. the employee is responsible for directing the contributions and investments.

.employers guarantee a specific retirement benefit amount for each participant in a defined benefit plan. the amount is based on factors such as the employee's salary and years of service. employees have little control over the funds until they are received in retirement. the company takes responsibility for the investment and for its distribution to the retired employee. the employer bears the risk that the returns on the investment.

defined contribution is most popular today.

- vesting is a term that means to give or earn a right to a present or future payment, asset, or benefit. it is most commonly used in reference to retirement paln benefits when an employee accures onforfeitable rights over employer provided sotck incentives.

options are financial instruments that are derivatives based on the value of underling securities such as stocks. an options contract offers the buyer the opportunity to buy or sell depending on the type of contract they hold. the underlying asset.call options alloe the holder to buy the asset at a stated price within a specific timeframe. put options allow the holder to sell the asset at stated price within a specific timeframe.

- an expatriate is the employee who are sent to work abroad on a long term job assignment such as employees who need populate a new office or senior managers who need to manage a new branch.they help their companies establish operations in other countries. enter overseas markets or transfer skills and knowledge to their companies business partners.

- learning org is a company that facilitates the learning of its members and continuously transforms itself.

their are five characteristics of a learning org. include systems thinking, personal mastery, mental models, shared vision, and team learning.