Hong Kong – Effective Exchange Rate Index

May 6, 2024 | International

Effective Exchange Rate Index

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     The effective exchange rate index for the Hong Kong dollar on Monday, May 6, 2024 is 105.8 (up 0.2 against last Saturday’s index).

     The effective exchange rate index for the Hong Kong dollar on Saturday, May 4, 2024 was 105.6 (down 0.1 against last Friday’s index).

Hong Kong – Effective Exchange Rate Index

Oct 30, 2023 | International

Effective Exchange Rate Index

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     The effective exchange rate index for the Hong Kong dollar on Monday, October 30, 2023 is 106.6 (down 0.1 against last Saturday’s index).

     ​The effective exchange rate index for the Hong Kong dollar on Saturday, October 28, 2023 was 106.7 (same as last Friday’s index).

Hong Kong – Effective food waste solution

Jul 9, 2023 | International

Effective food waste solution

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     To encourage residents to practise separating their food waste at home so that it can be properly collected and recycled, the Environmental Protection Department has introduced smart recycling bins that have resulted in multiple green benefits, such as reducing the amount of waste that ends up in landfills, while creating an opportunity for citizens to redeem points for gifts.

     News.gov.hk spoke with officers of the department to learn more about the smart recycling bins and how the strategy is helping the Government with its goal of raising awareness of the benefits of food waste recycling.
 
     The story is available at www.news.gov.hk/eng/feature today (July 9) in text and video format.

An Effective Tool in Teaching an Important Value to Children

Dec 5, 2022 | Business


Cayucos, CA – WEBWIRE –



Children have a lot to learn, and learning it at an early age will make it easier for them. The one thing that’s important for all parents to teach their children is what is right and wrong, how to behave in certain situations, and so on. This can not only help their development as individuals but also create habits that will be beneficial throughout their lifetime.



The book “Toad’s Tools” focuses on Toad, a strong, determined little creature who wants to do good for others by using his father’s old tools to help repair or maintain things amongst those around him. The book functions as a means of explaining the values of helping each other to children, in hopes of encouraging such behavior from them.



This book was created to help children learn a new skill while having fun. The book itself is simple, featuring a bright theme. Children will naturally gravitate toward it. They can listen to the story several times to ensure that they retain the information for their exam.



“Toad’s Tools”


Written by | Adrian Hurtado


E-Book | $4.99


Paperback | $17.02



Copies of this charming story are available for purchase on Amazon, Barnes & Noble, and, GoToPublish. Join toad on his journey and help him find his path of helping others who are in need.



About the Author


Adrian Hurtado was born in Berkeley, California, and grew up in the East Bay. He has over 25 years of experience as a teacher and principal in Orange County, Los Angeles County, and Santa Barbara County, California. Adrian also served in the Marine Corps and the Air Force Reserve before retiring as a Major.



He and his wife, Jean, a former kindergarten teacher, have retired to Cayucos, California’s small beach town.

Cash may not be the most effective way to motivate employees

Aug 16, 2022 | Business

Employees are motivated by rewards that are perceived as distinct from salary

WEBWIRE –



Tangible rewards motivate employees when they’re easy to use, pleasurable, unexpected, and distinct from salary, a new study found.


A recent survey of firms in the United States revealed that 84 per cent spent more than $90 billion annually on tangible employee rewards, such as gift cards, recreation trips and merchandise in hopes of increasing productivity.


“We found that there is, at best, mixed evidence regarding the motivational efficacy of tangible rewards versus cash rewards,” said Adam Presslee, an associate professor at the University of Waterloo’s School of Accounting and Finance. “It is somewhat puzzling why so many companies go to the trouble of tangible rewards when cash rewards also lead to motivational differences.”


Presslee and his co-author, University of Wisconsin-Madison’s Willie Choi, used four experiments to investigate the factors driving the preference between cash and tangible rewards. The attributes examined include ease of use of the reward (fungibility), hedonic nature of the reward (want vs. need), the novelty of the reward, and how the reward is presented.


“Rewards are constellations of attributes, and firms should focus more on the motivational effects of the attributes associated with a reward rather than the reward type itself,” Presslee said. “Results confirmed that each of these attributes – individually and in combination – increases employee effort and performance.”


The researchers recommend managers interested in motivating employees using tangible rewards would be best served to offer tangible rewards that incorporate these four attributes.


“If for whatever reason tangible rewards are the only tool available, our results show compelling evidence that employees are motivated by rewards that are perceived as distinct from salary,” Presslee said. “Therefore, firms looking to get the most out of their reward programs should emphasize the distinctiveness of those rewards, and the attributes above are four ways firms can do that.”


The study, authored by Presslee and Choi, was recently published in the journal Accounting, Organizations, and Society.