Question

In: Accounting

Adam is an architect who has worked for Garfield=s company for the last six years. Adam...

Adam is an architect who has worked for Garfield=s company for the last six years. Adam earns $2,000.00 per week, but has a general bad working relationship with his employer, Garfield. Because of that bad relationship, Garfield has been awaiting an opportunity to terminate Adam. Last week Adam was thirty minutes late for work, three mornings in a row. That, and an error on a file that Adam made last week that cost his employer $4,000.00 resulted in Garfield firing Adam on Friday afternoon. At that time Garfield paid Adam all of his outstanding salary less the $4,000.00 error, and nothing further. Does Adam have any further claim against Garfield, and, if so, what would be the nature of any claims that he would have for further payment, including your estimate as to the amount, if any, that he would receive.

Solutions

Expert Solution

Adam has right to health insurance coverage from his employer. According to Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1986, terminated employees and their families have the right to continued healthcare coverage for a limited period. Under the law, an employer with 20 or more employees must offer the option of continued participation in the employer's health insurance plan.

Adam may also receive unemployment compensation, if applicable for the time while he is searching for a new job. The amount will be less than his regular salary and he may receive it for a time period of upto 26 weeks or an additional 20 weeks, if qualified for.

Finally, if Adam feels that he has been terminated wrongfully, then he has all rights to take his employer to court. There are strong chances that the case is in his favor, since being late and being responsible for a loss of $4,000 are not reasons strong enough to terminate an otherwise responsible employee. He could argue that he was late because of legitimate reasons, and the loss of $4,000 can be recovered from his salary.


Related Solutions

16. Dean has earned $74,750 annually for the past six years working as an architect for...
16. Dean has earned $74,750 annually for the past six years working as an architect for WCC Inc. Under WCC's defined benefit plan (which uses a 7-year graded vesting schedule) employees earn a benefit equal to 4.0% of the average of their three highest annual salaries for every full year of service with WCC. Dean has worked for six full years for WCC and his vesting percentage is 80%. What is Dean's vested benefit (or annual retirement benefit he has...
Stacey has worked for lawyer Larry for the last five years in his home office. Stacey...
Stacey has worked for lawyer Larry for the last five years in his home office. Stacey does everything for Larry – receptionist, bookkeeper, secretary, paralegal, coffee girl, and sometimes even taking his laundry to the cleaners. Stacey is smart and very good with people, and indispensable to Larry’s business. He sometimes took her to networking functions where she mixed and mingled with potential clients and talked up her boss. Since the economic downturn, some of Larry’s clients have gone out...
Caitlin Kelly has worked as a part-time cashier for six years while attending high school and...
Caitlin Kelly has worked as a part-time cashier for six years while attending high school and college. Over those six years, Caitlin has been able to schedule her part-time job around her academic and social life by requesting and getting the shifts she wants. Caitlin has been offered a full-time summer job with a local marketing firm. She also wants to join the firm’s soccer team, which plays or practices many nights during the week. She has written a message...
Who Goes, Who Stays? The consulting firm you have worked for over the last year is...
Who Goes, Who Stays? The consulting firm you have worked for over the last year is having some financial troubles. The large contracts it once had are slowly going away, and as your company struggles to make payroll, it is clear that layoffs must occur. The sales staff has not been meeting the sales goals set for them, resulting in incorrect budgets. It has been decided that at least three people in the sales department should be laid off. You...
Sydney has worked for WillCo for the last 20 years. She just had her 60th birthday...
Sydney has worked for WillCo for the last 20 years. She just had her 60th birthday and is thinking about retirement. WillCo sponsors an ESOP in which Sydney is a participant and has been since the plan’s inception 18 years ago. WillCo stock has increased significantly and Sydney is considering diversifying her WillCo stock in the ESOP. Which of following statements is correct? a. Sydney cannot diversify until three years prior to retirement. b. Sydney can diversify all of her...
James Adam has been the CEO in the company for the past 12 years. Before that,...
James Adam has been the CEO in the company for the past 12 years. Before that, Mr. Adam had worked for a large organization for 10 years. He has implemented a number of changes that have earned him a great deal of respect and admiration from both companies' employees and surrounding community Perhaps more than anything else, James is known for establishing progressive human resources practice. He strongly believes that the company's employees are its most important assets and continually...
James Adam has been the CEO in the company for the past 12 years. Before that,...
James Adam has been the CEO in the company for the past 12 years. Before that, Mr. Adam had worked for a large organization for 10 years. He has implemented a number of changes that have earned him a great deal of respect and admiration from both companies' employees and surrounding community Perhaps more than anything else, James is known for establishing progressive human resources practice. He strongly believes that the company's employees are its most important assets and continually...
James Adam has been the CEO in the company for the past 12 years. Before that,...
James Adam has been the CEO in the company for the past 12 years. Before that, Mr. Adam had worked for a large organization for 10 years. He has implemented a number of changes that have earned him a great deal of respect and admiration from both companies' employees and surrounding community Perhaps more than anything else, James is known for establishing progressive human resources practice. He strongly believes that the company's employees are its most important assets and continually...
Years ago in Seattle I worked for an insurance company with just one Jewish employee, who...
Years ago in Seattle I worked for an insurance company with just one Jewish employee, who was a good friend of mine. He invented Jewish holidays, taking days off several times a year. As the only other employee at all familiar with Judaism, I could have tattled on him or kept silent and been disloyal to my employer. I kept silent. Was that the ethically correct choice?
Leon has worked for a small tool and die company for several years. The owner is...
Leon has worked for a small tool and die company for several years. The owner is retiring and Leon has the opportunity to purchase the business. However, he plans to retire in 10 years, and he knows that neither of his children has any desire to work in the business. What appears to be Leon’s key consideration in choosing an ownership structure? a. Business control and transfer of ownership b. Ease of start-up and administration c. Management structure d. Legal...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT