In reference to the outright purchase of Smithon Widgets, I believe that this will result in an increase in your personal-tax liability. If you decide to buy this particular stock you will not only acquire all the assets that comes from obtaining this stock, but you will also acquire all of the liabilities of Smithon. In my professional opinion, issuing debt in Johnson Services Company to pay for the Smith Company would not be considered a favorable business move. In fact, I would not recommend this course of action for many reasons. One simple reason is that you would inherit Johnson Company’s existing operating loss issues. Most of Johnson Services’ assets are financed by debt,…
Buford’s Widgets will grant an employee the right to a temporary leave of absence in the event of a family or personnel emergency. Employees will not be terminated or otherwise disciplined for taken an unexpected leave of absence, so long as the employee provide any documentation regarding the circumstances surrounding the absence that is requested by the company.…
Hilton, M. F., Sheridan, J., Cleary, C. M., & Whiteford, H. A. (2009). Employee absenteeism measures reflecting current work practices may be instrumental in a re-evaluation of the relationship between psychological distress/mental health and absenteeism. International Journal of Methods in Psychiatric Research, 18(1), 37-47. doi:10.1002/mpr.275…
Vikesland, G. (n.d.). How to Deal with Employee Absenteeism. Retrieved December 5, 2010, from Employer-Employee.com: http://www.employer-employee.com/absent.html…
The Wacky Widget Factory, a firm, decides to produce 5,000 gadgets instead of 10,000 widgets.…
Absenteeism, i.e. not showing up for work, has been the subject of much research to date. In contrast, presenteeism, defined as showing up for work when one is ill has only recieved interest in recent years, with research suggesting that it might cause more aggregate productivity loss than absenteeism. Consequences of chronic presenteeism may include effects on downstream health status, job…
Innovative Widgets is small firm with about 50 employees. The firm provides widgets, which serve as components for machinery used by companies across industries. Innovative Widgets is a very customer centric company. Since it is small company with a specific focus on providing components, it needs to pay attention to the requirements of its customers. Their business model relies heavily in loyal customers, which lead repeat purchases over time. To achieve this, the company has to develop a string service based model to deal with its clients.…
There is additional web information to support the concepts chosen to analyse the problem. These are www.telegraph.co.uk/article/absenteeism and www.thefreelibaray.com/psycologicalcontacts.…
Our goal for absenteeism was to decrease it from 498 to 120 by quarter 8 by maintaining high morale and offering health benefits to keep employees healthy. We also planned to keep our accident rate low in order to reduce absenteeism. We decided to focus the fringe benefits we offered on health benefits. We thought this strategy would work because we felt that absenteeism was caused by three factors: employee sick days (health), employee injury claims (accident rate), and willingness to come into work (morale). Although we did indeed maintain high employee morale, we could have offered more generous health benefits and safety and accident prevention training. Instead, we offered an additional vacation/personal/sick day to employees in quarter 1 which may have led to increased absenteeism. After quarter 8 our absenteeism was 283 days, the worst in the industry by a great deal. Our accident rate was also the worst, reinforcing our theory that the accident rate is tied to absenteeism. We had offered health insurance with lower deductibles, dental care and legal services, and term life insurance and eye care. We think that if we had offered a more generous health insurance plan along with a prescription drug plan, as well as invested more money into safety and accident prevention training, absenteeism would have been much lower.…
Total Absence Management is a major topic for all employers and employees. Frequent absences could affect the overall operation of any organization. Many employees have medical and personal issues that may jeopardize their job. This study covers this issue among others (i.e. pregnancy, health and financial issues). As a Human Resource Officer, this topic of discussion is very important and the literature presented in this study is relevant to my job. “Promoting healthier behaviors can lead to a more health-conscious workforce, reduced absences, earlier return to work and potentially lower incidences of disability – which can even contribute to a company’s bottom-line growth and prosperity” (Taylor, 2011). Employees will have health and financial issues that may affect their job performance. Employers that can integrate Total Absence Management programs into their organization will help their employees achieve their business objectives.…
After researching more about this HR area I noticed that this year overall both in private and public sectors there have been a noticeable decrease in absence levels. However this year also sees an increase in “presenteeism” – people continuing to work when not well. This can have an effect for not only the individual but the organisation. Despite decreasing absence levels, it is imperative to continue to manage absence effectively, focusing on employee well-being.…
References: ACAS, 2012. Managing attendance and employee turnover. [online] Available at: http://www.acas.org.uk/media/pdf/i/o/Managing_attendance_employee_turnover_(Oct_11)-accessible-version-Apr-2012.pdf. [Accessed 24 February 2013].…
The number one reason people are fired from their jobs is due to being absent or tardy repeatedly. In my experience as a store manager of a retail business, being absent or tardy not only shows lack of effort it shows lack of dedication to the job. The saying time is money is not far off from the truth. When someone calls in sick or is late to their shift, customers, deadlines, and other employees affected by not having enough employees to get the job done in a timely fashion. These effects can also cost the company revenue that could have otherwise been generated by sales in retail businesses.…
Leigh, J. P., & Lust, J. (2008). Determinants of employee Tardiness. Work and Occupations: An International Sociological Journal, 15(1), 78-95.…
Releasing employees from their work duties without a practical reason is becoming very common in society today. Some employers have dismissed their employees because the Employment at-will clause states that employers can terminate at any…
