...Should All Companies Be Required To Have Mandatory Sick Pay For All Employees? Corey Silva BCOM275 February 18th, 2013 Should All Companies Be Required To Have Mandatory Sick Pay For All Employees? Sick Pay has been a hot topic in the news. With multiple cities and even an entire state putting regulations into effect it increases in popularity. Does it benefit employees to have this as a mandate? Does it put too much of an impact on companies? With documentation on current laws, implementation processes, and effects of implementation one is able to weigh the pros with the cons. Is simply having FMLA in place enough? Is it a policy that is too easy abused? The FMLA entitles eligible employees to take up to 12 weeks of unpaid, job-protected leave each year for specified family and medical reasons. The FMLA applies to all government workers and private sector employers that employ 50 or more employees within a 75-mile radius (Barth, S. & Hayes, D. K. 2009). Having this particular benefit, allows for employees to take time off in order to care for loved ones. This also guarantees the employee will not lose their job. Besides sick time, having additional benefits such as FMLA can help the employee deal with any family emergency. To be eligible for these benefits, an employee must have worked for an employer for a total of 12 months (not necessarily consecutively) and must have worked for the organization at least 1,250 hours in the past 12 months. These employees...
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...ACC331 Cheat Sheet Exam 1 Chapter 1 Horizontal Equity- equally situated persons pay equal taxes. Where income tax wins. Vertical Equity- Persons with different amounts of income pay different amounts of tax. 16th amendment-the congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration. Statute of Limitations- federal 3 years regular, 6 years-omit>25% of gross income, none-fraud. State may be different, Michigan regular is 4. FICA(federal insurance contributions act)-social security tax -social security 6.2% 2010 4.2% 2011. Base amount is 106,800 -medicare 1.45% FUTA(federal unemployment tax act) 6.2% on first $7,000 of wages Chapter 3 Basic Tax Structure -Economic income (+)only place where u add stuff when determining GI -Gross Income -Adjusted Gross Income (-) -Taxable Income (-) -Tax (-) -Tax Due (-) Tax Formula for Individuals Income Less:exclusions GI Less:deductions for AGI Adjusted Gross Income Less: the greater of Total itemized deductions Or standard deduction Less: personal and dependency exemptions Taxable income Tax on taxable income Less:tax credits Tax due (or refund) *economic income---- exclusions *gross income—deductions for AGI AGI -itemized deductions or standard deduction *itemized deductions are related to production or collection of income and management of property held for the...
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...Bus 171a chap 1-8 HW Chapter 1 Hw probs 2,3,8,9,15-18 2) what is the difference between the claim of a debtholder of GM and an Equity holder of GM? The claim of the debt holder is established by contract, which specifies the amount and timing of periodic payments in the form of interest as well as term to maturity of the principal. The debt holder stands as a creditor and in case of default, he has a prior claim on firm assets over the equity-holder. The equity holder has a residual claim to assets and income. He can receive funds only after other claimants are satisfied. Income is in terms of dividends, the amount and timing of which are not certain. 3) What is the basic principle in determining the price of a financial asset? The basic principle is that the price of any financial asset is equal to the present value of its expected cash flow, even if the cash flow is not knows with certainty. The price of any financial asset is the present value of the expected cash flows or a stream of payments over time. Thus, the basic variables in determining the price are: expected cash flows, discount rate and the timing of these cash flows. 8) explain the difference between each of the follow a. The money market is a financial market of short-term instruments having a maturity of one year or less. The capital markets contain debt and equity instruments with more than one year to maturity; b. The primary market deals with newly issued financial...
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...EFFECTS OF OCCUPATIONAL HEALTH AND SAFETY ON JOB PERFORMANCE ABSTRACT Ocuupational health and safety have great importance in the employees work environment because now a days human resource is the most valuable asset that an organization does have and the existance of bad occupational health and safety environment greatly affect the job performance of employees. In this study the policies regarding occupational health and safety, health hazards associated with the job environment, employer’s responsibility for having good occupational health and safety measures are discussed. Purpose of the study is to know the effects of occupational health and safety on job performance, the lack of health and safety measures at workplace and how health hazards reduce job performance of the employees. Data was collected from different sources, sampling techniques were applied to the data collected and analysis was done through different quantitative tools thus recommendations and conclusions were drawn from that. Introduction: The purpose of this paper is to revise the effects of occupational health and safety on job performance of the employees’ i.e. how health hazards at occupational environment affect the employee job performance. Employees at work environment are out in the open to many of the health and safety hazards. The human resource is the most valuable asset at workplace because its effective and efficient use can result in higher level of performance in other areas of the...
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...Chapter-1 SUMMERY Services means- Services are deeds, processes and performances. For example, Intel officers repair services for its equipments, consulting services for IT and E-commerce applications, web design services and training services for mass people. All these are deeds, processes and utilities comprise primary deeds and actions performed for customers. Compatible with this simple definition, services include economic activities whose output is not a physical product, are generally consumed at the time they are produced, provide added value in the form of amusement, comfort and convenience etc. and are essentially intangible concerns of the first purchaser. Difference between Service and customer service Services are deeds, processes, performances, and performances of a wide range of industries. Customer service is the service provided in support of a company’s core products. Customer services includes answering questions, taking orders, dealing with billing issues, handling complaints and scheduling repairs or maintenance. Why service marketing is essential for: Service based economy: Service marketing concepts and strategy developed in response to the tremendous growth of service industries, resulting their increased importance to the world economy. Service as a business imperative in manufacturing and IT: Early in the development of service, marketing most of the interest came from service industries like banking and health care. Now manufacturing and IT industries...
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...MIS Mini-cases -- 1 of 30 Cases for Use in Management Information Systems MIS Mini-cases -- 2 of 30 MIS Mini-cases -- 3 of 30 Case 01 -- Freeway Ford You are a management consultant working for Franklin Absolom, the majority stockholder for a group of 10 automobile dealerships. He has asked you to spend several days at Freeway Ford, a dealership that is not performing up to its potential. You are not to go ―looking for trouble‖: instead, your assignment is to find ways to help management at the dealership take advantage of opportunities. One day while you are talking with James Kahler, the sales manager for Freeway Ford, you realize that the dealership only uses transaction processing systems—it is not realizing the full potential of the information it has gathered for managerial decision making. For example, Freeway Ford knows the purchase date and owner of every car it sells, but it never contacts owner about routine maintenance. Freeway Ford know that people who purchase a new car generally trade it in for another new car 3 to 4 years later, but the dealership does not contact these previous customers. Another opportunity comes from used car purchasing and sales. Every car has a vehicle identification number (VIN), and the dealership uses this number to check for known problems with a used car before it makes a purchase. A data bank of car insurance claims histories and major repairs is kept on a set of CDs that is sent to the dealership each month. At the...
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...Contracts I Outline – go through mind map list the 4 big issues, each para under the issues can include subissues, can say it might not be an issue later ------------------------------------------------- Bern’s Model: TMJM ------------------------------------------------- Tsedeq- righteous moral standard ------------------------------------------------- Misphat- applied even handedly ------------------------------------------------- Jurisdiction- by one authority ------------------------------------------------- cannot force to love ------------------------------------------------- civil government has jurisdiction over evil-doer ------------------------------------------------- can use Israel example ------------------------------------------------- Meshar- producing evenness in outcomes in like cases ------------------------------------------------- "Together the three express the thought of the evenhanded and impartial application (mishpat) of a righteous moral standard (tseden) producing an evenness or equality (meshar) in outcomes in like cases." ------------------------------------------------- God has jurisdiction over all as creator. ------------------------------------------------- Man is made in the image of God and can contract based on language and promise ability. ------------------------------------------------- A person has reason to expect that a person made in the image of God should keep his promises. I. Bases for Enforcing Promises-Theories...
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...RESEARCH TOPICS: Law + Statistics + Services + Reform RESEARCH TOPICS: Law + Statistics + Services + Reform 08 Fall 08 Fall RESEARCH – EMILY RUSSELL 1. DEFINITION OF MARRIAGE - MARRIAGE ACT 1961 (Cth) (s 5); Hyde v Hyde; s 43(a) FLA) * 4 ELEMENTS: Marriage means the union of a man and a woman to the exclusion of all others voluntarily entered into for life * Men and women… without any limitation due to race, nationality or religion have a right to marry and found a family…entitled to equal rights…(Article 16; UDoHR) 2. RESTRICTIONS AS TO MARRIAGE * S 88E – Cannot marry overseas (same sex) and return and legally register marriage (Marriage Act) 3. ELEMENTS OF MARRIAGE * Dwelling under the same roof, sex, mutual society and protection, recognition of marriage in public and private relationships (Todd and Todd) 1. ONE and ONE woman – monogamous mature (serial polygamy is permitted – remarriage after a former marriage has been dissolved) i. S 6 FLA – Polygamous relationships entered outside of Australia, shall be deemed to be a marriage when changing domicile to Australia 2. HETEROSEXUAL (Corbett v Corbett) 3. FOR LIFE 4. VOLUNTARILY ENTERED INTO 4. LEGAL IMPLICATIONS OF MARRIAGE * Entitled to certain rights and owe legal responsibilities a) DETERMINE “TRUE SEX” i) CORBETT AND CORBETT a. Chromosomal:...
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