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Hrmg 5700 Midterm

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Submitted By tramac24
Words 1236
Pages 5
HRMG 5700 Week 6 Midterm Project

Many times companies experience financial obstacles that causes them reduce or close down their workforces. More Beer, Inc. decided to venture into internet marketing. Soon after these websites went live, technology problems, together with sluggish sales killed the company’s profits. As a result, the company has decided to abandon its new direct marketing plan and to reduce its workforce. As Vice President (VP) of HR for More Beer, Inc., I have to terminate three employees. I am given a list of five employees who are candidates for possible termination. After carefully reviewing facts about how each candidate benefits the company, I have decided to terminate three of the employees and internally transfer two of the employees. The three individuals that are terminated will receive a severance package. More Beer, Inc. agrees to pay each individual 12 weeks of severance pay. The severance pay will be in addition to the payment of unused accrued vacation pay to which they are entitled. They may elect to receive this severance pay in the form of a lump sum payment, or spread it over a number of weeks, less applicable deductions for taxes. Each individual will be required to sign a waiver that releases More Beer, Incorporated, from any future claims against the company regarding their termination. Mike Williams
I have chosen Mike William for termination because his job duties include maintaining existing computer systems which will be obsolete after the RIF. He will no longer benefit More Beer, Inc. There is a rumor that Mike is talking to others about joining a service union. More Beer, Inc. could write him a letter of recommendation to a service union. Although Mike haven’t achieved no special honors or awards while employed with More Beer, Inc., he have a great attendance record and a degree from a

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