Approach All investments are to be made using the value approach by investing in companies at prices below their underlying long term values to protect capital from loss and earn income over time and provide operating income as needed. With regard to equities, no attempt is made to forecast the economy or the stock market. The manager will attempt to identify financially sound companies with good potential profitability which are selling at large discounts to their intrinsic value. Appropriate measures of low prices may consist of some or all of the following characteristics: low price earnings ratios, high dividend yields, significant discounts to book value, and free cash flow. Downside protection is obtained by seeking a margin of safety in terms of a sound financial position and a low price in relation to intrinsic value. Appropriate measures of financial integrity which are regularly monitored, include debt/equity ratios, financial leverage, asset turnover, profit margin, return on equity, and interest coverage. As a result of this bargain hunting approach, it is anticipated that purchases will be made when economic and issue-specific conditions are less than ideal and sentiment is uncertain or negative. Conversely, it is expected that gains will be realized when issue-specific factors are positive and sentiment is buoyant. The investment time horizon is one business cycle (approximately 3-5 years). As regards bonds, the approach is similar. No attempt is made to forecast the economy or interest rates. The manager will attempt to purchase attractively priced bonds offering yields better than Treasury bonds with maturities of 10 years or less that are of sound quality i.e. whose obligations are expected to be fully met as they come due. We do not regard rating services as being an unimpeachable source for assessing credit quality any more than we would regard a broker's recommendation on a stock as being necessarily correct. In any form of investment research and evaluation, there is no substitute for the reasoned judgement of the investment committee and its managers.
CONSULTATIVE MECHANISMS An enterprise consultative committee may be established to assist in the implementation of this Agreement. The Consultative Committee cannot discuss or pass resolutions that negate or amend the terms or intent of this Agreement or the VBIA or the Award. The committee would consist of equal numbers of management and employee representatives. The employee representatives will be elected by the shop floor employees of the enterprise. Elected representatives will be given adequate time for meetings and to consult with employees before and after meetings. The quorum for a meeting shall be four, at least half of whom must be employee representatives. The Secretary of the CEPU (Plumbing Division) or nominee shall have a standing invitation to participate in meetings. Any issue that cannot be resolved shall be dealt with in accordance with the Dispute Settlement Procedure set out in this Agreement.
THRIVING Rancho del Niño San Xxxxxxxx is at the SURVIVING level in this category. The current employees do not have a document describing their work, since the team performs a little of all the functions of the house. Although there is a vacation policy, it has only been applied in the case of the cook and the administrator, since the nuns in charge of the children’s care do not have a single day off. In the case of vacations, these have to be conditioned until they have some extraordinary support from their parish or the bishopric defines whether or not to send another nun to cover the vacations or absence of one of the mothers. As for staff training in child care standards, child participation, and other child-related topics, the team has received only minimal training and has had no follow-up or evaluation. Thus, they operate under common sense and in some cases using strategies that have worked with other children. Regarding licensing and governance requirements, the orphanage will soon begin the construction of the necessary plans and programs to have an internal civil protection plan. Also, the management and processing of other important documents to obtain its operating license. Although progress has already been made, it is necessary to have the support of an external consultant to carry out all the operational work and integration of documentation in order to achieve certification. In order for the orphanage to move up a level in this category, it is necessary to have an inter- disciplinary work team, a social worker, psychologist and nurse, who will join their efforts to make a correct distribution of work in the orphanage. This would cover important areas of management and training, in which each position provides feedback to the other and in turn helps the caregivers to improve their attention to the children by having less workload in other areas. Any progress in this area depends on hiring personnel and having a specific work plan for each area (social worker, psychologist, nurse, two caretakers and maintenance manager) which was already mentioned in other categories Hire the support of a local consultant to carry out the internal civil protection plan Strategic Initiatives HIRE TECHNICAL TEAM PROJECT OWNER Xxxxxxxx/Xxxxxx ESTIMATED FUNDING $5k-$10k Yearly IMPROVEMENT OF SECURITY MEASUREMENTS PROJECT OWNER Xxxxxxxx/Xxxx ESTIMATED FUNDING <$5k CIVIL PROTECTION INTERNAL PLAN PROJECT DESCRIPTION Xxxxxxxx/Xxxxxx ESTIMATED FUNDING <$5k (Only the cost to hire the local consultant
Frequency Your milk must be supplied on a consistent basis throughout the week on either a daily or skip-a-day basis as agreed by you and DFMC, except in emergencies. DFMC has no obligation to collect your milk more frequently than once per day, but may agree to do so from time to time. If, at DFMC’s election, your milk is collected more frequently than you require, no Gate Fees or charges will apply for the additional collections.
Workload An employee who believes that her workload is unsafe or consistently excessive shall discuss the problem with her immediate supervisor. If the problem is not resolved in this discussion, the employee may seek a remedy by means of the grievance procedure. If the matter is not resolved in the grievance procedure, it may be referred to troubleshooter who shall:
analyzed A sample acknowledgment statement is provided for each dataset in the Addendum to this Agreement.
AGREEMENT FLEXIBILITY 8.1 An employer and employee covered by this enterprise agreement may agree to make an individual flexibility arrangement to vary the effect of terms of the agreement if:
Workloads (a) The parties agree that patient care is enhanced if concerns relating to professional practice, patient acuity, fluctuating Work-Loads and fluctuating staffing are resolved in a timely and effective manner.
Geometric visibility The visibility of the illuminating surface, including its visibility in areas which do not appear to be illuminated in the direction of observation considered, shall be ensured within a divergent space defined by generating lines based on the perimeter of the illuminating surface and forming an angle of not less than 5° with the axis of reference of the headlamp. The origin of the angles of geometric visibility is the perimeter of the projection of the illuminating surface on a transverse plane tangent to the foremost part of the lens of the headlamp.
Consultative Mechanism The parties agree that a precondition for the effective operation of the Agreement is the establishment of consultative mechanisms with the Company. To this end, a Consultative Committee, comprising of Company appointed representatives and employee elected representatives should be established and maintained. Officers of the Union shall have a standing invitation to attend any such meeting. The purpose of the Consultative Committee shall be to consult, develop, recommend and assist to implement strategies and measures designed to achieve the objectives outlined under Clause 4 of this Agreement.
