In: Accounting
Assignment Topic:
How should an organization treat its employees during a
pandemic? – Discuss from both organization and employees’
perspectives.
In our discussion forums, we have discussed employees are the most
valuable assets of an organization, even though they are not listed
in the Balance Sheet. Without employees, an organization is
nothing.
Here, I use the word “organization” instead of “company/firm” because I do not want to limit your thinking on certain well-structured companies/firms (e.g. listed firms), it can be any organizations, no matter big or small, private or listed, profit-oriented or public benefit organizations.
REQUIRED:
1. Explain the main reasons why employees are valuable assets, and why the organization should treat them well. [You could look for journal articles on what benefits employees can bring for the organization, and the Social Responsibilities of an organization towards employees.]
2. Describe what employees expect from the organization and why. [You could get some hints from why people decide (not) to change jobs or resign.]
3. Discuss how the pandemic affects the above two points. Compare what the organization can do and what employees need during a pandemic. [You could read news and organizations’ disclosures; you could discuss the experience from your family, friends, or someone your know.]
4. Provide your suggestions on how to help employees (including those who lost jobs) in Fiji go through the difficult time. [You could talk about anything that you think is helpful, no matter whether or not it is available in Fiji.]
Answer:
TREATMENT OF EMPLOYEES DURING PANDEMIC
REASONS WHY EMPLOYEES ARE CONSIDERED AS A VALUABLE ASSET FOR THE ORGANISATION AND WHY ORGANIZATION SHOULD TREAT THEM WELL
EXPECTATIONS OF EMPLOYEES FROM THE ORGANIZATION
EFFECT OF PANDEMIC ON EMPLOYEES EXPECTATIONS
As various companies have given their employees work from homes so employees expected the flexible working hours from the organization as there is rigidity the working hours of the employees in the office.
Companies have adopted the new technologies and employees expected that they will get training about using the technology in the right manner.
The most important thing pandemic has lead to loss of job and the employees expect now a job security from the organization.
HOW TO HELP EMPLOYEES WHO LOST THEIR JOB IN FIJI AND OTHER PARTS OF THE WORLD