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 searches for ways to increase both employee satisfaction and productivity. He thinks that all employees should try to continually improve their skills and abilities. Therefore, he trains employees and send many of them to courses and conferences. Regarding employee compensation, James firmly believes that employees should be paid according to their contribution to organizational success. Most important James previous experiences in company “XXX”, has guided him as a current CEO. James recall that in his previous company, he implemented a result-based pay system under which employees could earn a bonus from 0 to 10 percent each year, depending on their job performance. Bonuses are typically determined by the company's HR committee during November and are granted to employees on January first of each year. In addition to granting employees several rewards according a scheme that was designed recently in the company. Further the company also began giving cost of living raises. James was opposed to this idea originally but had to agree to it. As a result, few rumors started to appear in relation to the fairness of the performance-based raise. XXX company has always been proud of its performance management system. As a policy, at the begging of each year, every employee and his/her supervisor develop goals for the employee to achieve over the following 12 months, with a follow – up meeting after six months to assess progress and take remedial action. Rumors were suggesting that the policy is not being implemented fairly. Some supervisors agree with their subordinated on very simple goals which requires minimal efforts were as other supervisors formulated complicated goals. Some of the staff even said that they do not see the results of their evaluation before the following January. One December, another competitor company in town. An alarming observation was made by one of the supervisors; XXX lost four of its employees to the new company in the first four months of its operation. Further James started to hear for the first-time rumors about complains about employee's salaries. Several staff complained that other employees in similar positions in other companies in the market are receiving better compensation than their compensation. To his surprise, he started to hear complaints from all departments. An exception was the dealers group department. James has been always well respected. People admired him, many employees did not raise an official complains or made formal demands for raise but rumors about complaints were hard not to be noticed by an experienced boss who pays attention to human resources issues. James was determined to be proactive and to take measures before the company loses its competitive position. Upon enquiring from the HR committee, he was informed that everything is fine. Actually, one member of the committee said that that "our dealers are the happiest in the market, they are being paid an average of $ 200 a month more than dealers in the other companies". James was not comfortable to this idea. He also was curious of whether the new HR committee leader has influenced the committee to introduce changes in the company HR practices that were not in line with his vision. He was thinking of restructuring the committee and may be establishing a new HR structure. In the middle of his thinking another issue was brought to him. The HR committee of the company met to determine what should be done regarding the dealer’s bonuses. They knew that none of the dealers had been told how much their bonus would be but that they were all expecting both performance award and cost of living raise. They also realized that, if other employees learned that the dealers were being overpaid in relation to market, conflict could develop, and morale might suffer. They knew that it was costing the Company over $ 30,000 extra to pay the dealers. Finally, they knew that as a group the XXX’s dealers were highly competent, and they did not want to lose any of them.
In: Operations Management
With reference to the economic data of Seychelles
(1)What is the country's unemployment rate? How does it compare to
the United States' unemployment rate? Are they better off or worse
off than us?
(2)What is the country's currency? What is the exchange rate with
the dollar? Does it have a floating or fixed exchange rate, or does
it use the dollar as its currency?
(3)Who are its’ main trading partners? Is foreign investment
important for them? Does the country have a trade deficit or
surplus? What percent of the GDP are exports? (you can just divide
the value of exports by the GDP).
(4)Using the information about unemployment, inflation and trade,
what is your general assessment of the country? Are they
experiencing stability and growth or an economic crisis? Please
answer in about 250 words.
In: Economics
In: Biology
You want to start a business and perceive an opportunity in serving the rapidly growing segment of the US population over 50. The service you create must appeal to aging baby boomers 50 years old or older who are still at work (not yet retired) in professional or high-level corporate careers. They work an average of 60 to 80 hours per week and make a minimum $100,000 per year. They like to look good, be social, and stay healthy. Time is a big issue for them. The rules for your business idea are as follows: any idea is acceptable at this stage; nothing should be ruled out as silly, impractical, or even antisocial; also, improvements on existing services can be considered. Describe in detail your best business idea for this customer set.
Please answer this in long and strategic
In: Finance
Please use refrences APA style.
Explain the basic structure of health insurance and analyze its most important part. Describe the main purpose of health insurance in your own words.
What impact do you think health insurance has on our economy today?
Explain why managed care was incorporated in the US health care system long ago? Describe and contrast the three types of managed care plans—HMOs, PPOs, and POS?.
Should the same individuals who pay for your health care (managed care organizations [MCOs]) also make your treatment decisions? Why or why not?
Is the fee-for-service (FFS) system more beneficial for the consumer than the current MCO system? Why or why not? Explain.
In: Nursing
The Bureau of Labor and Statistics (BLS) calculates the
unemployment rate for the United States. For June of 2020, they
published numbers that were close to the following:
Civilian noninstitutional Population = 260 million
Labor Force = 160 million
Employed = 142 million
Unemployed = 18 million
Retired = 60 million
A- Calculate the unemployment rate and the participation rate for
June of 2020 in the US using two decimal places (3 points
each).
B- The United States have gone into a recession starting in
February of 2020. Before then, we were enjoying "full-employment".
Thus, we can infer that the Coronavirus increased which type of
unemployment? Explain your answer in 2 lines (4 points).
C- How many adults were NOT in the labor force? Who are these
people?
In: Economics
describes the two different types of health care: Western Medicine and Complementary Medicine. Each type has a number of different categories listed under it.
1. Tell us, in 3-4 paragraphs,
In: Nursing
In the USA, Read the following advertisement that appeared in the community newspaper where you live. Do you think the advertisement violates any of the ethics rules? Explain the reasons for your answer.
IRS TAX TERMINATOR, A Professional Services Corporation We have ten CPAs on staff and provide a full range of tax services. We guarantee a tax refund or you pay nothing for our services. Call us at (999-777-7711). Your call will be routed to one of our tax experts who will take down all the relevant information and inform you of our fee structure that includes a fixed amount regardless of the service provided and a variable amount that is based on the type of service provided.
at least 400 words / this question belongs to ethical obligations and decision making in accounting.
In: Accounting
In the USA, Read the following advertisement that appeared in the community newspaper where you live. Do you think the advertisement violates any of the ethics rules? Explain the reasons for your answer.
IRS TAX TERMINATOR, A Professional Services Corporation We have ten CPAs on staff and provide a full range of tax services. We guarantee a tax refund or you pay nothing for our services. Call us at (999-777-7711). Your call will be routed to one of our tax experts who will take down all the relevant information and inform you of our fee structure that includes a fixed amount regardless of the service provided and a variable amount that is based on the type of service provided.
at least 400 words / this question belongs to ethical obligations and decision making in accounting.
In: Accounting
Read the following advertisement that appeared in the community newspaper where you live. Do you think the advertisement violates any of the ethics rules? Explain the reasons for your answer.
IRS TAX TERMINATOR, A Professional Services Corporation We have ten CPAs on staff and provide a full range of tax services. We guarantee a tax refund or you pay nothing for our services. Call us at (999-777-7711). Your call will be routed to one of our tax experts who will take down all the relevant information and inform you of our fee structure that includes a fixed amount regardless of the service provided and a variable amount that is based on the type of service provided.
at least 300 words / this question belongs to ethical obligations and decision making in accounting
In: Accounting