ASPECTS REGARDING THE APPROACH OF THE PROBLEMS OF THE EMPLOYEES AND OF THE PROBLEM-EMPLOYEES

The procustian approach of the job's design is widely spread in actual society too. Several researches in European countries regarding working conditions, employees' satisfaction and work stress marked the fact that there are many stressful jobs. The most serious consequence of work - stress is the lack of balance between private and professional life. Western organizations offer various support instruments to their employees in order to improve the balance between work and private life. There are employees who have difficult demeanour due to stress and exhaustment. The approach of problem-employees demands great skill and ability.bed of Procust, working conditions, balance between work and life, support company politics, problem-employees

Mixed Tempered Stable distribution

In this paper we introduce a new parametric distribution, the Mixed Tempered Stable. It has the same structure of the Normal Variance Mean Mixtures but the normality assumption leaves place to a semi-heavy tailed distribution. We show that, by choosing appropriately the parameters of the distribution and under the concrete specification of the mixing random variable, it is possible to obtain some well-known distributions as special cases. We employ the Mixed Tempered Stable distribution which has many attractive features for modeling univariate returns. Our results suggest that it is enough flexible to accomodate different density shapes. Furthermore, the analysis applied to statistical time series shows that our approach provides a better fit than competing distributions that are common in the practice of finance