PurposeThis paper aims to review the situation of decent work (DW) and quality of work life (QWL) in the context of Nepal.Design/methodology/approachThe paper is based on a literature survey. Institutional arrangements for DW and QWL are studied in connection with current labor legislations, national policy documents, and company policies and initiatives. The status of DW and QWL is described, examining national policy documents published by the Government of Nepal, National Planning Commission, labor legislations, International Labor Organization (ILO) and other relevant literature.FindingsAt present, although the country has been successful in reducing the number of people under the poverty line, there are challenges in meeting the DW goals. In the case of QWL, since there is rising dissatisfaction among employers and employees in the present economic and political circumstances, they are interested in short‐term benefits.Research limitations/implicationsThere are a number of factors affecting DW and QWL. In this paper only national economic and social conditions, poverty level, employment situation and income generation are considered for analysis. The analysis of the QWL situation is done only on the basis of published information rather than using primary sources of information.Practical implicationsThe findings of this study will have a number of implications in understanding and improving the level of current institutional arrangements in order to ensure DW and QWL. The observations made in this paper can add some value in the process of formulation of national policy for, and regulation of DW. The issues discussed will have substantial implication for the development and framing of new labor laws and policies.Originality/valueThe paper focuses on DW and QWL for the first time in the Nepalese context. This is an original contribution by the authors to familiarize readers with the situation of DW and QWL in Nepalese organizations.

Job hopping refers to the tendency of a person to work briefly in an organization in particular position rather than staying in an organization for a longer time. This research study is conducted to examine the job hopping tendency in millennial in private sector of Nepal. It also studies the factors which attracts millennial in new organization. The factors which force a person to leave an organization arête seek new opportunities. Generally the considered variables for leaving the job; low pay structure, low potential for growth, and unfair treatment by management and conflict with the immediate supervisor/ Coworkers. The factors considered for choosing the new job; chances of career growth, higher salary, job security, freedom at workplace, reputation of organization and higher position. Materials and methods: Study populations are the millennial working in private organizations of Kathmandu valley. For this study the convenience sampling method was chosen where the data was collected through the questionnaire. Data were collected using likert scale questionnaire, yes/no questions, multiple choice single response and multiple choice multiple response questions. Percentage and correlation matrix was used to analyse the data,. Results: The outcome of the research indicates that main reason behind millennial leaving the organization is no growth opportunity and attraction towards new job is career growth. The employees chose the current organization either they are getting higher position or sensize future growth.

Small businesses are vital for economic development and employment generation. The implementation of sound cash management practices is essential to ensure the profitability. The aim of the study was to identify the impact of cash management on profitability. This study was adopted correlation research design. Purposive sampling method was adopted while undertaking research. 80 samples were considered while collecting data. The sample structure consisted of small and medium manufacturing businesses in the Kirtipur Municipality. Owners of such enterprises were taken as sample because they can better understand the cash management. Data were collected using five point Likert Scale Questionnaires. Data were analyzed using mean, correlation and regression models. Study found that Cash management has an insignificant but positive effect on profitability. It clarifies that conversion cycle, cash flow and inventory manage positively effects to the profitability but the effect is nominal.

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