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saul85 [17]
2 years ago
7

You are a Director in the Andrews Corporation. Your boss called you to inform you that there is a proposed layoff in your depart

ment which would affect three of six of your employees if it takes place. Given the sensitivity of the issue, your boss asks you to keep this information absolutely confidential. Later that day, one of your employees (Shelia) who would be affected stops you in the hallway and says she’s heard rumors about a layoff, remarking "I’m not going to be fired am I?" The layoff in fact does occur and you now have to deliver the bad news to your employees. It’s likely to send shockwaves through the organization and there will no doubt be considerable bad press associated with the layoff. With which of the following issues should you be most concerned when talking with Shelia? Making certain that she has a chance to air any negative feelings so she doesn’t feel a need to go the local newspaper.
Making sure that Shelia understands the economic need for laying-off staff.
Clearly communicating that it’s not personal and that she has been a valuable employee.
Ensuring that Shelia understands the process for how she was selected as one of the employees to be terminated.
Business
2 answers:
quester [9]2 years ago
7 0

<em>Making sure that Shelia understands the economic need for laying-off staff. </em>

<h2>Further Explanation </h2>

Lay-offs are the termination of employment relationships caused by a matter that results in the termination of rights and obligations between workers/laborers and employers/employers.

Termination Procedure

Workers must be given the opportunity to defend themselves before their employment relationship is terminated. Employers must make every effort to avoid terminating employment.

Employers and workers and trade unions negotiate the termination of employment and try to prevent termination of employment.

If the negotiations really do not result in an agreement, the employer can only terminate the employment relationship with workers after obtaining the determination from the industrial relations dispute resolution agency. This stipulation is not necessary if the worker is on probation when it has been required in writing, the worker asks to resign without any indication of pressure or intimidation from the employer, the termination of the employment relationship in accordance with the work agreement with the first specified time, the worker reaches retirement age, and if the worker dies.

Employers must re-employ or provide compensation to workers whose reasons for terminating their employment were found to be unfair.

If the employer wants to reduce the number of workers due to changes in operations, the employer must first try to negotiate with the worker or union. If the negotiations do not produce an agreement, then both the employer and the union can submit the dispute to the industrial relations dispute resolution agency.

Learn More

Lay-offs brainly.com/question/14004542

employee rights brainly.com/question/14004542

Detail

Class: College

Subject: Business

Keyword: Lay-offs, Employees, relationships

Luden [163]2 years ago
6 0

Answer:

Making sure that Shelia understands the economic need for laying-off staff.

Explanation:

Lay-offs and the communication associated with it is never a pleasant topic for the employee who is getting laid-off, but also for the person who is in charge of delivering the message.

The key takeaway when communicating things related to lay-offs is the distinction between <em>lay-offs</em> and <em>employee firing due to bad performance</em>. Lay-offs are never the result of an individual's bad performance or mistakes regarding work, instead, they are always related to business issues, such as mandatory downsizing. All in all, lay-offs are always about <em>economic issues </em>regarding the business.

That's why it is irrelevant to talk about personal traits and the lay-off process since it is not the employee's fault.

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Bethany wants to buy a pair of designer boots. To find the best price, she searches the Internet and compares prices among the e
viva [34]

Answer:

The bargaining power of customers .

Explanation:

As Bethany wants to buy a pair of designer boots and to find the best price, she searches the Internet and compares prices among the eight sites that sell the boots, she is using the bargaining power of buyers or customers from the Porter's five competitive forces. This force illustrates that customers are definitely have many options available with them for buying a particular product. Customers will be having much power when the number of available options increases because it becomes very easy for the customers to choose from those options or they can switch to some other seller quite easily and quickly in this case. Conversely, consumers will have less power when there are only fewer options present in the market. In this case Bethany has 8 different web sites present in front of her and with the single click of mouse button and flick of her fingers, she can easily compare the prices and options, that's why she can practice her bargaining power.

6 0
1 year ago
Bret Rockford bought a home with a 11.5% adjustable rate mortgage for 20 years. He paid $10.67 monthly per thousand on his origi
Anastaziya [24]

Answer:

$746.90

Explanation:

The old monthly payment can be derived from the information given in the scenario:

It says that ''at the end of 1 year he owes the bank $70,000'' and we are also told that ''he paid $10.67 monthly per thousand on his original loan.''      

Logically then, the old monthly payment = $10.67 per $1,000 into $70,000      

Old monthly payment = ($70,000 /  $1,000) x $10.67

which is 70 x $10.67 = $746.90

4 0
1 year ago
Read 2 more answers
Southwest Milling Co. purchased a front-end loader to move stacks of lumber. The loader had a list price of $118,660. The seller
natulia [17]

Answer:

$117,417

Explanation:

Calculation to Determine the amount to be capitalized in the asset account

Costs that are to be capitalized:

List price $118,660

Less: Discount ($5,043)

($118,660*4.25%)

Freight cost $2,640

Specialist fee $1,160

Total costs $117,417

Therefore the amount to be capitalized in the asset account will be $117,417

7 0
1 year ago
The function of accounting includes analyzing, recording, classifying, summarizing, reporting, strategic management and environm
Arlecino [84]
I'm assuming you want to talk about accountants, that is a practitioner of accounting or accountancy. They do disclosure or provision of assurance about financial information. This in turn helps managers, investors, tax authorities and others make decisions about allocating resource.
In the US licensed accountants are Certified Public Accountants (CPAs), or Public Accountants (PAs), this varies from state to state.
6 0
1 year ago
High noon sun, inc. has a 5%, semiannual coupon bond with a current market price of $988.52. the bond has a par value of $1,000
9966 [12]

The answer is 4.5 years

Given : semi annual bond

current market price : $988.52

par value : $1,000

maturity : 5.29%

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PV = $988.52,

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Int/half a year = 5.29%/2 = 2.645%.

Solving for N = 9 (semi annual periods).

9/2 = 4.5.

5 0
1 year ago
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