Employee Benefits Essays (Examples)
Study Document
Impact Of Agency Theory
… the goals of managers and the shareholders should be aligned and certain frameworks and practices should be adopted to overlook the decisions like employee’ stock ownership and monitoring by the board of directors (Lumen). These can serve fruitful as they make the agent more cautious while taking … influencing the key decision making that goes around these factors. Wells Fargo have a decentralized set up, which gives the autonomy to the employee to take decisions on their own (Pennsylvania, 2017). Setting up of tough sales goals in another aspect in which agency theory might impact … in which agency theory might impact the decisions of the firm while, the director’s hiding of the problems in the past, gives the employee more strength and confidence to pursue wrongdoings in their self-interest (Pennsylvania, 2017). Wells Fargo have gone through this problem in the past where … and return of investment. Not……
References
References
Demsetz, R. S. (1997). Agency Problems and Risk Taking at Banks.
Heath, J. (n.d.). Uses and Abuses of Agency Theory. Business Ethics Quarterly.
Kuypers, A. (2011). How is dealt with the agency problem and what is the role of the board of directors in it?
Lumen. (n.d.). Agency and Conflicts of Interests. Lumen. Retrieved from https://courses.lumenlearning.com/boundless-finance/chapter/agency-and-conflicts-of-interest/
Murray, I. (2016, September ). Wells Fargo and the Principle Agent Problem. Competitive Enterprise Institute.
Palia, D. (2007). “Agency Theory in Banking: An Empirical Analysis of Moral Hazard and the Agency Costs of Equity. Banks and Banks System.
Pennsylvania, W. U. (2017, August 08). Wells Fargo: What It Will Take to Clean Up the Mess. Wharton University of Pensylvannia.
Study Document
Recruiting And Managing Volunteers For Social Impact Organizations
… to communicate the vision and the mission so that volunteers are attracted and inspired to want to help out. There should be clear benefits for volunteers as well, as these can act as incentives for bringing volunteers on board. Their role should be articulated and their passion ……
References
References
The Economist. (2011). Wikipedia’s fundraising, free but not easy. Retrieved from http://www.economist.com/node/21536580
Eisner, D., Grimm Jr, R. T., Maynard, S., & Washburn, S. (2009). The new volunteer workforce. Stanford Social Innovation Review, 7(1), 32-37.
Georgetown University Alumni Career Services. (2016). Effective Volunteer Recruitment & Management Strategies for Non-Profits. Retrieved from https://www.youtube.com/watch?v=a6h4Pk47ymE#action=share
Hager, M.A., & Brudney, J.L. (2004). Volunteer management practices and retention of volunteers. Retrieved from http://www.urban.org/uploadedpdf/411005_volunteermanagement.pdf
Screwvala, T. (2018). How Volunteering can help Change the World. Retrieved from https://www.youtube.com/watch?v=uGtFvOSmZ8A#action=share
Smith, D. H. (1994). Determinants of voluntary association participation and volunteering: A literature review. Nonprofit and voluntary sector quarterly, 23(3), 243-263.
US Department of Health and Human Services. (2005). Successful Strategies for Recruiting, Training, and Utilizing Volunteers. Retrieved from https://www.samhsa.gov/sites/default/files/volunteer_handbook.pdf
Study Document
C Suite Executive Leadership And Ethics
… Linden (name altered to protect the individual’s privacy) shows how personal ethical beliefs clash with the prevailing norms and values in the field. employee diversity adds to the complications involved in executive ethical decision-making, according to Linden. The predominant ethical challenges usually relate to balancing two equally … a human resources department can use tools and techniques to seek out the character traits most suitable to the organization’s outlook. Similarly, through employee development and training, the human resources department participates in the process of engagement and motivation that minimizes conflict. Three years ago, Linden’s company … resources department participates in the process of engagement and motivation that minimizes conflict. Three years ago, Linden’s company invested in software systems for employee training and also in public speakers designed to improve the moral character and outlook of employee. Intrinsic motivation comes from engaging employee and creating the type of organizational culture……
References
References
Bailey, C. & Shantz, A. (2018). Creating an ethically strong organization. MIT Sloan Management Review. http://ilp.mit.edu/media/news_articles/smr/2018/60101.pdf
Crossan, M., Mazutis, D. & Seijts, G. (2013). In search of virtue. Journal of Business Ethics 113(4): 567-581.
Hatcher, T. (2008). The value of values in the C-suite. In Sims, R.R. & Quatro, S.A. (Eds.) Executive Ethics. Charlotte: IAP, pp. 97-122.
Hoekstra, E., Bell, A. & Peterson, S.R. (2008). Humility in Leadership: Abandoning the Pursuit of Unattainable Perfection. In S.A. Quatro & R. R. Sims (Eds.), Executive Ethics: Ethical Dilemmas and Challenges for the C-Suite. Greenwich, CT: Information Age Publishing, pp. 79-96.
MacDougall, A.E., Bagdarasov, Z. & Buckley, M.R. (2008). Applying a primary risk management model to the C-suite. In Sims, R.R. & Quatro, S.A. (Eds.) Executive Ethics. Second Edition. Charlotte: IAP, pp. 211-234.
Martin, R. (2011). The CEO\\\\'s ethical dilemma in the era of earnings management. Strategy & Leadership 39(6): 43-47.
Schwartz, M.S. (2013). Developing and sustaining an ethical corporate culture: The core elements. Business Horizons 56(1): 39-50.
Study Document
How To Stop Pregnancy Discrimination
… the two to find where similarities and differences exist.
Smith and Tischler (2014) point out that the PDA applies to any company the employee 15 or more workers and is an expansion of the Civil Rights Act in that it includes workers who are impacted by pregnancy … it is not necessary for it to be included in the PDA.
Essentially, the PDA states that an employer may not treat an employee who is pregnant any differently than any other employee. The PDA does protect the woman’s right to breastfeed and/or engage in any other activity that is necessitated by pregnancy or childbirth. Thus, … worker is treated in the same manner another worker who has limited abilities would be treated—i.e., lighter workload, leave of absence, and medical benefits (Smith & Tischler, 2014). The employer would have to establish a policy that can be applied to one and all…[break]…Young,……
References
References
Schreiber, P. & Young, A. (2015). Illinois Releases Pregnancy Accommodation Proposed Rules. Employee Relations Law Journal, 41(3), 50-53.
Smith, K. J., & Tischler, R. J. (2014). Accommodations under the Pregnancy Discrimination Act. Employment Relations Today, 41(3), 81-86.
Study Document
Risk Management And Insurance
...Employee benefits
Q1
Annuities account for a great part of the protection one affords self against death. They do not follow the application of the law of large numbers as the law is traditionally utilized in life insurance. It has, therefore, been referred to as “upside-down life insurance.” When an annuitant passes away during the period of accumulation, their beneficiaries are paid a death benefit. The common treatment of annuities is to account for gross premium returns excluding interest or to account for the cash value, whichever is greater. The principle is for the principal sum to be liquidated over the annuitant’s lifetime regardless of the means of accumulation.
Q2
Annuities can fall under various classes. Traditionally, the following classifications have been used to differentiate annuities:
i. Individual vs. group annuity
ii. Fixed-dollar vs. variable annuity
iii. Deferred annuity vs. immediate annuity
iv. Installment annuity vs. single-premium annuity
v. Single life vs.……
References
References
Vaughan, E. J., & Vaughan, T. (2007). Fundamentals of risk and insurance. John Wiley & Sons.
Study Document
Family Business Reliance Industries Ambani Family
… are listed on the National Stock Exchange of India. The company currently oversees 158 subsidiaries and has 7 associate firms with nearly 30,000 employee (Reliance Industries, Limited, 2019). From the 1960s to the 1980s, the company was managed by its founder Dhirubhai Ambani; but after suffering a … assess how well the Ambani family is managing Reliance Industries are: 1) use of labor, and 2) profitability of acquisitions.
With nearly 30,000 employee Reliance Industries is a major multinational company, the company still makes good use of temporary and contract workers, with some earning less than … (Ray, 2020). With more than 700 Reliance Retail…[break]…it is a point of pride for the family to build strong relationships with stakeholders, including employee and clients, and it makes strategic acquisitions that make sense from a vertical and horizontal standpoint. The company is guided by the Ambani ……
References
References
Burkart, M., Panunzi, F. and Shleifer, A., 2003. Family firms. The journal of finance, 58(5), pp.2167-2201.
Daily, C.M. and Dollinger, M.J., 1991. Family firms are different. Review of Business, 13(1-2), pp.3-6.
McConaughy, D.L., Matthews, C.H. and Fialko, A.S., 2001. Founding family controlled firms: Performance, risk, and value. Journal of small business management, 39(1), pp.31-49.
Ray, A., 2020. Reliance to pay twice. Retrieved from https://www.livemint.com/news/india/reliance-to-pay-twice-to-those-employees-who-earn-below-rs-30-000-11585033829993.html
Reliance Industries, Limited, 2019. Retrieved from https://www.ril.com/DownloadFiles/Subsidiaries%20and%20major%20Associates%20of%20RIL.pdf
RIL Annual Report, 2019. Retrieved from https://www.ril.com/getattachment/2b3a5223-b9a3-4bc1-b9b6-99f9b1e85a07/Financial%20performance%20for%20the%20year%20ended%2031%20Mar,%202019.aspx
Sraer, D. and Thesmar, D., 2007. Performance and behavior of family firms: Evidence from the French stock market. Journal of the european economic Association, 5(4), pp.709-751.
Study Document
Mayo Clinic Governance And Structure
… Mayo Clinic is focused on offering integrated clinical practice, research, and education (Swensen, Gorringe, Caviness, & Peters, 2016). Currently, the organization employs 65,000 employee of these about 6,600 are physicians and scientists and the rest make up administrative and allied health staff. Mayo Clinic operates the Mayo … & Heckling, 1995). By using a hybrid organizational structure, Mayo Clinic can have more flexibility in the distribution of work and roles assignment. employee of the organization have a shared mission they can work on different projects in different sectors. What is most clear is that there … future. The government is a stakeholder since it might be funding some of the research and studies that are conducted by Mayo Clinic employee (Helmers, Gabrielson, & Harper, 2016).
Mayo Clinic serves as a referral facility for smaller clinics and other hospitals and this makes these two ……
References
References
Helmers, R. A., Gabrielson, S. R., & Harper, M. M. (2016). Developing a new governance structure: the Mayo Clinic experience. Physician leadership journal, 3(3), 40-46.
Helmers, R. A., & Harper, C. M. (2019). The mayo clinic model of clinical integration. Paper presented at the Healthcare.
Jensen, M. C., & Heckling, W. H. (1995). Specific and general knowledge, and organizational structure. Journal of applied corporate finance, 8(2), 4-18.
Peterson, K. S., & Morris, B. C. (2019). Creating synergy between academia and practice: the Arizona State University and Mayo Clinic Arizona model. Journal of Professional Nursing, 35(4), 305-313.
Swensen, S., Gorringe, G., Caviness, J., & Peters, D. (2016). Leadership by design: intentional organization development of physician leaders. Journal of management development.
Study Document
Line Managers Coaching Guidance
… to change, for instance, fear of the unknown, ambiguity in whether the change will succeed and also experiencing…[break]…incorporated into the change process. These employee ought to be included in the process of planning and designing. What is more, the line managers ought to provide the employee with the culpability of training other employee. Lastly, there is a significant need for engaging employee in the evaluation and assessment process and in the development of continuous improvement plans. By engaging employee in the change management process, they become more inclined to listen to and embrace any propositions that are put in front of them … more inclined to listen to and embrace any propositions that are put in front of them (Institute and Leadership and Management, 2012).
Coaching employee as the Transition through the Changes
It is important for line managers not to “talk the talk” but rather “walk the talk”……
References
References
Amory, D. (2012). Essential knowledge for personal coaches. Lulu. com.
Bareil, C. (2013). Two paradigms about resistance to change. Organization Development Journal, 31(3), 59–71
Bennett, J. L., & Bush, M. W. (2013). Coaching for change. New York: Routledge.
Franken, A., Edwards, C., & Lambert, R. (2009). Executing strategic change: Understanding the critical management elements that lead to success. California Management Review, 51(3), 49–73.
Institute of Leadership and Management. (2012). Influencing Others at Work. New York: Routledge.
Nevenhoven, J. (2019). Coaching Employees Through Change. Life Cycle Engineering. Retrieved from: https://www.lce.com/Coaching-Employees-Through-Change-1912.html
Study Document
Business Proposal For Coffee Shop And Restaurants
...Employee benefits Business Proposal for Coffee Shop & Restaurants: The Madam Walker Theatre
History and Why the Business Fits
My business proposal is to start (re-start) the coffee-shop/restaurant that once existed in Walker Theatre (it was then named “The Coffee Pot”). The Madam Walker Theatre was named after Madam C. J. Sarah Breedlove Walker, an African-American entrepreneur who specialized in hair care and beauty products that were manufactured and sold in the building that now serves as her namesake. She developed and initiated plans for the building to be built and after her death in 1919 the completion of the project fell to her daughter A’Leila Walker. The building opened in 1927 and served as both the headquarters for the Madam C. J. Walker Manufacturing Company—one of the biggest and brightest examples of African-American ingenuity and industry in the 20th century (National Park Service, 2019)—and as an entertainment theatre for the African……
References
References
Benedict-Browne, T. (2019). The Icon of Indiana Avenue. Retrieved from http://nomeancity.com/walker-theater
Evans, D. (2010). Social media marketing: An hour a day. John Wiley & Sons.
Hobbs, J. (2017). 15 of Africa's favorite dishes. Retrieved from https://www.cnn.com/travel/article/africa-food dishes/index.html#targetText=Pap%20en%20vleis%2FShisa%20nyama%2C%20South%20Africa&targetText=Chops%2C%20steak%2C%20chicken%2C%20kebabs,and%20suurpap%20(soured%20pap).
Madam Walker Legacy Center. (2019). Retrieved from https://madamwalkerlegacycenter.com/
National Park Service. (2019). Madame C. J. Walker Building. Retrieved from https://www.nps.gov/nr/travel/indianapolis/walkerbuilding.html
Trout, J. & Rivkin, S. (2006). Differentiate or die. In The marketing Gurus (ed. Murray). NY: Penguin.
Study Document
Cross Cultural Management
… cultural challenge related to dialogue in your professional life Management
The cross-cultural issue identified is management. There is a disconnect between managers and employee, especially in cross-cultural work environments. In most cases, organization management does not recognize the different cultures found in the organization and this causes … cross-cultural work environments. In most cases, organization management does not recognize the different cultures found in the organization and this causes friction between employee. We all have biases that have to do with our upbringing and the culture we learned when growing up. As a manager one … of the gestures and facial expressions being used to ensure that they are not abusing or passing on the wrong message to the employee. Management should be wary of the employee and be certain that they are communicating effectively using both nonverbal and verbal communication.
Cross-Cultural Management: Issues to be Faced
Purpose of……
References
References
Adler, N. J. (1983). Cross-cultural management: Issues to be faced. International Studies of Management & Organization, 13(1-2), 7-45.
Hamlin, R. G., Beattie, R. S., & Ellinger, A. D. (2007). What do effective managerial leaders really do? Using qualitative methodological pluralism and analytical triangulation to explore everyday ‘managerial effectiveness’ and ‘managerial coaching effectiveness.
Hamlin, R. G., Ellinger, A. D., & Beattie, R. S. (2006). Coaching at the heart of managerial effectiveness: A cross-cultural study of managerial behaviours. Human Resource Development International, 9(3), 305-331.
Søderberg, A.-M., & Holden, N. (2002). Rethinking cross cultural management in a globalizing business world. International Journal of Cross Cultural Management, 2(1), 103-121.
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