...Retirement Plan and Communication Proposal Ebony Brown HRM/324 January 24, 2012 Jocelyn Freimark The design of a company’s benefits program is important to ensure the plans fit the structure of the company and the needs of its employees. Being a new company starting with 150 employees it will be important to design a varied and comprehensive retirement program that will not only address the needs of the company’s current employees, but will also attract potential employees, and be affordable for the company. Qualified plans “entitle employers and employees to substantial tax benefits” (Martocchio, 2009, p. 3), because neither has to pay taxes on contributions within a dollar limit outside of defined contribution plans. As an additional benefit, investment earnings are tax free and participants and their beneficiaries do not pay taxes on retirement benefits until the funds are received. There are two types of qualified retirement plans: defined benefit plan and defined compensation plan. A challenge of the defined benefit plan is that it may prove to be more costly for employers as employer contribution rates fluctuate yearly and requirements may be difficult for employers to ensure all the funds are available for participants or beneficiaries to receive. In this case, the best retirement benefit design option is the defined contribution plan. Under the defined contribution plans “employers and employees make annual contributions to separate...
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...Final Sales Paper MRKT 412-02 October 27th, 2015 A. Sales Call Objectives PRIMARY OBJECTIVE: To sell Graham Tire of Fairmont property and casualty insurance for their business. ALTERNATIVE OBJECTIVE 1: To get Graham Tire to agree to a second meeting to have a detailed proposal presented to top management that makes the buying decisions for the company. ALTERNATIVE OBJECTIVE 2: To establish a good connection with Graham Tire associates and follow up with Graham in the future, with the objective of a future sale. B. Company and Product Information Company: Federated Insurance Federated Insurance offers insurance to a variety of businesses. Property and casualty, life insurance, and group health are primary services Federated provides. Federated is based out of Owatonna, MN and are a nationwide company. Product Line: Insurance Product: Property and casualty, life insurance, business insurance Package Contents: Dependent on the specific business and what needs they have. The proposal will be for property and causality insurance for this role-play example. C. Customer Profile Company: Graham Tire This company offers a range of services dealing with motorized vehicles and care of these vehicles. This company has a large inventory of tires and owns tools to complete services on all types of vehicles. Graham Tire specializes in cars, trucks, and tractors. Goodyear tires are primarily carried at this business. Purchasing...
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...Retirement Plan Proposal and Communication Plan Debra Britton HRM/324 July 27, 2015 Douglas Lalama Retirement Plan Proposal and Communication Plan Now more than ever it is important that organizations offer some sort of retirement plan to its employees. The Social Security Administration reports that by the year 2033, Social Security funding will be depleted. Now is a good time to get younger employees thinking about the future and older employees to contribute to their not so distant retirement. Supporting retirement plans will not only attract qualified employees, but encourage longevity with the organization. However, the retirement plan must address specific organizational needs. There are three plans that could be offered that address those needs. * Defined benefit plans are company sponsered plans, “such as pension plans, in which a retired employee receives a specific amount based on salary history and years of service, and in which the employer bears the investment risk.” (InvestorGuideStaff, 2015) This plan can also state an exact dollar amount the employee will receive each month of retirement. “ Or, more commonly, it may calculate a benefit through a plan formula that considers such factors as salary and service-for example, 1 percent of average salary for the last 5 years of employment for every year of service with the employer.” (Perez, 2015) This plan is covered by, Employee Retirement Income Security Act (ERISA) with federal insurance through the,...
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...Savings - Social Security Is Not Enough Vickie Malone University of Phoenix University Composition and Communication l1 Dr. Patricia Akojie September 3, 2011 Savings – Social Security Is Not Enough This paper will explore the grave injustice most Americans are experiencing when it comes to the current Social Security Program. I plan to discuss the effects of the Social Security on Americans by answering the question about root causes, best outcomes, and many tactics. I will identify the supporting factors by researching data, identifying the problems, and validation of actions of Americans. The conclusion will further demonstrate the flaws in the current system and offer Americans a possible solution for the corrupt program. Catastrophic results will come to those American relaying solely on the Social Security program as the means of financial stability in their retirement years. Unless there is an alternative plan in place for the current disintegrated Social Security Program, Americans will be left without sufficient funds to maintain a comfortable life-style. Every employed American knows what the acronym FICA stands for; First In Cunning Americans. In the year of 1935 Franklin Roosevelt proposed a Social Security program to establish benefits for individuals once they reached retirement age. The benefits would be for each working-class American. This was indeed a great gesture to secure American future back then, but it is certainly not the...
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...Shareowners to be held at the Ernest N. Morial Convention Center, 900 Convention Center Blvd., New Orleans, LA 70130, on April 24, 2013, at 10:00 a.m. Central Time. Following a report on GE’s business operations, shareowners will vote: • to elect the directors named in the proxy statement for the coming year; • to approve our named executives’ compensation in an advisory vote; • to ratify the selection of our independent registered public accounting firm for 2013; and • on the shareowner proposals set forth on pages 44 through 49, if properly presented at the meeting. Shareowners also will transact any other business that may properly come before the meeting. You are eligible to vote if you were a shareowner of record at the close of business on February 25, 2013. Please ensure that your shares are represented at the meeting by promptly voting and submitting your proxy by telephone or the Internet, or by completing, signing, dating and returning your proxy form in the enclosed envelope. If you plan to attend the meeting, please follow the advance registration instructions under “Information about Attending the 2013 Annual Meeting and Advance Registration” on page 51 and watch for an admission card in the mail. You will need this card to enter the meeting. We will provide a live webcast of the annual meeting from our Investor Relations website at www.ge.com/investor-relations. Cordially, Jeffrey r. immelt Chairman of the Board Brackett B. denniston iii Secretary...
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...at the Palmer Events Center, 900 Barton Springs Road, Austin, Texas 78704. Our Electronics and Energy Business Group is headquartered in Austin, Texas and we are excited about having our Annual Meeting in Austin for the second time. We will also provide a live webcast of the meeting. Details regarding admission to the meeting and the business to be conducted are provided in the accompanying Notice of Annual Meeting and Proxy Statement. We will report on Company operations and discuss our future plans. There will also be time for your questions and comments. We sincerely hope you will be able to join us at the Annual Meeting. The fine attendance of our stockholders at annual meetings over the years has been very helpful in maintaining good communication. For information on how to attend the Annual Meeting, or listen to the live webcast, please read ‘‘Annual Meeting Admission’’ on page 1 of the accompanying Proxy Statement. Your vote is important. Whether or not you plan to attend the Annual Meeting, please vote as soon as possible. You may vote your proxy on the Internet, by telephone, or, if this Proxy Statement was mailed to you, by completing and mailing the enclosed traditional proxy card. Please review the instructions on the proxy card or the electronic proxy material delivery notice regarding each of these voting options. Thank you for your ongoing support of 3M. Sincerely, 7MAR201222590816 2015 ANNUAL MEETING OF STOCKHOLDERS NOTICE OF 2015 ANNUAL...
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...Notice of 2013 Annual Shareholders’ Meeting and Proxy Statement b McDonald’s Corporation 2013 Contents 3 7 8 8 8 14 14 14 42 Proxy Summary Notice of the Annual Shareholders’ Meeting Election of Directors Proposal No. 1. Election of Directors Director qualifications and biographical information Executive compensation Compensation Committee Report Compensation discussion and analysis Proposal No. 2. Advisory vote to approve executive compensation Other management proposal Proposal No. 3. Advisory vote to approve the appointment of Ernst & Young LLP as independent auditor for 2013 59 Stock ownership 59 Stock ownership guidelines 59 Security ownership of certain beneficial owners 60 Security ownership of management 61 Compliance with Section 16(a) of the Exchange Act Transactions with related persons, promoters and certain control persons Policies and procedures for related person transactions 61 61 62 Related person transactions 62 Communications 62 Communications with the Board of Directors and non-management Directors 62 Consideration of Director nominations for the 2014 Annual Shareholders’ Meeting 63 Shareholder proposals for inclusion in next year’s Proxy Statement 63 Other shareholder proposals for presentation at the 2014 Annual Shareholders’ Meeting 64 Solicitation of proxies and voting 64 Notice and access 64 Record date 64 Voting prior to the Annual Shareholders’ Meeting 64 Voting at the Annual Shareholders’ Meeting 64 Quorum 64 Voting tabulation 65...
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...Name BUS610 Organizational Behavior Leadership Style Professor Date What is an organization? According to Kinicki and Kreitner it is a system of consciously coordinated activities or forces of two or more persons. My company is a loose organization without rules, broadly defined tasks, and informal communication. Our parent company is in the United Kingdom and the way they do business versus the way business is done here in the States is very different. We recently moved into a newly established office and the change has been difficult at times. The idea was that with a regional office that there would be less “siloing” and more communication between the employees. While this has happened on some level there is also much consternation for the established employees in that they are expected to be in the office two days a week at a minimum. Thursdays have been designated as “Team Thursday” and everyone is expected to be in the office if they are not at a client site or meeting. The idea is that we have a large enough group of employees within the local area that having an office for company meetings, client visits, training or other needs makes sense. The COO and HR Director were the ones that chose the location and office space. It is convenient that the new office is within four miles of their current homes. There has been resistance to the new office rules. Recently a strong email was sent out from the COO about the number of days in the office, arrival...
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...Interview with Ms Li (Employee of Prudential) Kate: Good morning Ms Li, firstly, thank you for interviewing with us. I would like to ask you some questions about the training and development field of your company. Ms Li: You are welcome. The training and development of Prudential is very sufficient for employees. Firstly, they provide different training topics for employees to apply every month. The topics include the background and history of Prudential and the basic knowledge of insurance. Some of the training sections are compulsory for employees as the content of those topics are the necessary knowledge for them. For example, the difference between policy of insurance company in Hong Kong and other countries. Some of the topics include the restriction of being an agent, include the privacy concern of client. Moreover, there are also role plays in the training for agents to practice the situation which is communicate with their clients. Prudential also teach us some skills to response when the clients bribe us. Furthermore, there are also sorts of case studies for agents as references which is very useful for their career in fufure. Kate: Are there a specialist department of training and development in Prudential? Ms Li: Yes. There is a department called Academy of financial Services (AFS). The purpose of setting up this department is to provide training programs for employees. All of the training and development programs are designed and held by AFS. Kate:...
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...Compensation and Benefits Plan Companies welcome employees to their organizations through job proposals that should set the tone for a good working relationship. Companies spend tremendous amount of time and resources seeking and attracting high quality talent and people who will hopefully contribute to the long-term success and future growth of the organization. Compensation and benefit packages can be strategic tools that reflect an organization’s commitment to the employee. They should be designed to meet the candidate’s needs and expectations to ensure acceptance. This paper represents a job proposal created by our team for the position of Senior Reliability Engineer at Medtronic, Inc. Various resources and websites were utilized to create a competitive package consistent with Medtronic’s high standards and company policies. Our team included justification of the chosen strategy and also identified potential obstacles and forms of resistance that could impede implementation of the package being offered. Background and Mission of Medtronic, Inc. Medtronic, Inc. was founded in 1949 as a medical equipment repair shop and has grown into a multinational company that has transformed the way debilitating, chronic diseases are treated (Medtronic, 2012). Its mission is to contribute to the human welfare through application of biomedical engineering in the research, design, manufacture, and sale of instruments or appliances that alleviate pain, restore health, and extend...
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...Boulevard Irving, Texas 75039 March 13, 2013 Dear Stockholder: You are cordially invited to attend the Fluor Corporation 2013 annual meeting of stockholders. The meeting will be held on Thursday, May 2, 2013, beginning at 9:00 a.m. Central Daylight Time, at Fluor Corporation, 6700 Las Colinas Boulevard, Irving, Texas 75039. Information about the meeting is presented on the following pages. In addition to the formal items of business to be brought before the meeting, members of management will report on the company’s operations and respond to stockholder questions. A map showing the meeting location is included for your convenience on the back page of this booklet. We hope that you will be able to attend the meeting. However, whether or not you plan to attend the meeting, we encourage you to review our proxy materials and promptly cast your vote over the Internet or by telephone. Alternatively, if you request or receive a paper copy of the proxy materials by mail, you may vote by signing, dating and mailing the proxy card in the envelope provided. Voting in one of these ways will ensure that your shares are represented at the meeting. Thank you for your continued support of Fluor Corporation. I look forward to seeing you on May 2nd. Sincerely, 4MAR201114342169 David T. Seaton Chairman and Chief Executive Officer NOTICE OF ANNUAL MEETING OF STOCKHOLDERS To Be Held May 2, 2013 The annual meeting of stockholders of Fluor Corporation will be held at Fluor Corporation, 6700 Las Colinas...
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...six-month rotations over a two-year period. The Program will expose the Associate to the lifecycle of an investment product from the initial generation of the idea to researching interest in the market place to crafting our marketing strategy and ultimately, distributing our products and servicing our Institutional and Retail clients. This includes, but is not limited to, the following: • • • • Researching the market to substantiate or identify attractive opportunities for new and existing products. Establishing the business strategy and rationale for new products as well as designing and implementing new products. Conceiving product marketing campaigns and creating refreshing message content. Generating comprehensive product proposals (aka requests for proposal or RFPs) to capitalize on new business opportunities and responding to due diligence requests from existing clients and consultants. Servicing Institutional and Retail clients by acting as a liaison with various departments to maintain client relationships, fulfill various requests and conduct competitive analysis to drive business development efforts. • Each rotation will require you to learn a new or expand an existing skill set and knowledge base, and/or complete a project that is critical to the success of the group, department or firm. Job Qualifications Candidates should be top academic performers, demonstrate interest in the investment management industry and meet the following criteria: • • • • • • May 2013 Bachelor’s...
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...how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Dropbox: (1) a Word doc with the questions and your answers and (2) a copy of the proposed regulation you used for this assignment. (10 points) 2. Describe the proposal/change. (10 points) 3. Write the public comment which you would submit to this proposal. If the proposed regulation deadline has already passed, write the comment you would have submitted. Explain briefly what you wish to accomplish with your comment. (10 points) 4. Provide the "deadline" by which the public comment must be made. (If the date has already passed, please provide when the deadline was). (5 points) 5. a. Once you have submitted your comment, what will you be legally entitled to do later in the promulgation process (if you should choose to do so)? (See the textbook's discussion of the Administrative Procedure Act.) b. If the proposal passes, identify and explain...
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... AT&T Inc. AT&T Inc. (formerly SBC Communications) is one of the largest telecommunications groups in the United States. It is engaged in providing telecommunication services to its customers, predominantly in the US. The company provides both wire line and wireless-based telecommunication services. The company’s service offerings include local exchange services, data/broadband and Internet services, and long-distance services. In addition, the company also offers video services, telecommunications equipment, managed networking, wholesale services and directory advertising and publishing. It offers TV services under the U-verse brand. AT&T provides voice coverage in over 220 nations, data roaming in over 190 countries, and 3G in over 125 countries. The company is also the major provider of broadband connectivity with over than 17.46 million subscribers in the US. For more than a century, it has consistently provided innovative, reliable, high-quality products and services and excellent customer care. Today, its mission is to connect people with their world, everywhere they live and work, and do it better than anyone else. AT&T is fulfilling this vision by creating new solutions for consumers and businesses and by driving innovation in the communications and entertainment industry. AT&T is recognized as one of the leading worldwide providers of IP-based communications services to businesses. We also have the nation's largest 4G...
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...February 2013 ISBN: 978-0-621-41456-1 RP: 345/2012 To obtain copies please contact: Communications Unit National Treasury Private Bag X115 Pretoria 0001 Tel: +27 12 315 5526 Fax: +27 12 315 5126 Budget documents are available at: www.treasury.gov.za 2013 Budget Speech Honourable Speaker I have the honour to present the fourth budget of President Zuma’s administration. Mr President you said in the State of the Nation address that “we should put South Africa first. All of us have a patriotic duty and responsibility to build and promote our country.” You further said “The National Development Plan provides a perfect vehicle for united action precisely because it has the support of South Africans across the political and cultural spectrum. Leaders in every avenue should be ready to rise above sectional interests and with great maturity, pull together to take this country forward.” This challenge applies to all sections of our society: business, labour, public representatives, activists and citizens in every part of the country. As we pointed out in the 2012 Budget, global economic uncertainty will remain with us for some time. South Africa’s economic outlook is improving, but requires that we actively pursue a different trajectory if we are to address the challenges ahead. 1 2013 Budget Speech Under your leadership Mr President, we have opened new channels of communication and built more cohesion among key stakeholders in South Africa. We have taken many steps...
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