Harry reid or for simpson securities

Assignment Help Operation Management
Reference no: EM132245124

Harry Reid has been employed by Simpson Securities for 42 years as a stockbroker. He was 26 years old when they hired him. Within the last few years, Harry has not done so well on his job. His client base is dwindling. There have been complaints of his not responding to e-mails and phone calls from current clients. He often comes in late to the office and frequently leaves early. Harry looks worn out and tired. Harry’s manager had a meeting with the Director of Human Resources about what to do with Harry. A “game plan” as to how to handle Harry Reid was devised by those attending the meeting. As a result, Mr. Reid was called into the Human Resource office by Joe Nash, Simpson Securities’ Benefits Specialist. He sat Harry down and asked him to retire. Joe Nash reviewed the benefits that Harry would receive from the company and from Social Security. This monthly total was 20% greater than what Harry was making working full time. Joe had a retirement letter all typed out and ready for Harry to sign. A nervous and rather depressed Harry hesitatingly signed the letter that stated his retirement would be effective in sixty days. Tears came to his eyes when he left the room.

Afterwards, Harry wished that is late wife of thirty years was still alive. He had no one to turn to. Harry said nothing to anyone for a month and then he decided to contact his old friend Bill O’Reilly whose son Tom was an attorney. Two days before the retirement date, Harry met with Tom and a day later when Harry became his client, Tom contacted Simpson Securities. They were adamant and stated that they expected Harry to clear his desk out the next day. Tom filed a lawsuit on Harry’s behalf for job reinstatement and monetary damages.

1. You are the Judge and Harry’s case comes before you. (Reid v. Simpson Securities) In a paragraph or two explain how you would rule in this case. For Mr. Harry Reid or for Simpson Securities? Indicate what specific law(s) are involved.

2. Comment in a paragraph or two on the way Simpson Securities handled this employment matter. Give some suggestions as to how they should deal with such situations in the future.

Reference no: EM132245124

Questions Cloud

Build a positive school climate in your home school district : Propose at least two steps that you could take in order to help to build a positive school climate in your home school district.
Explain how do you plan to use it to assist others : Exactly what does this philosophy mean to you and how do you plan to use it to assist others?
What is the optimal order quantity : The Warren W. Fisher Computer Corporation purchases 8,000 transistors each year as components in minicomputers. What is the optimal order quantity
What is your realized rate of return : The current price of the preferred stock is $25. If you sell the stock now, what is your realized rate of return?
Harry reid or for simpson securities : In a paragraph or two explain how you would rule in this case. For Mr. Harry Reid or for Simpson Securities?
Evaluate management control systems : Evaluate management control systems and examine their relationship with accounting and planning, including feedback and non-?nancial performance measurements.
Projects in international environments : How measures of success might change for projects in for-profit, non-profit, government organizations, and for projects in international environments.
What are your proudest achievements : What are the significant factors or events in your life that have influenced your desire or ability to enter a post-secondary institution?
What is the maximum price you are willing to pay : What is the maximum price you are willing to pay for the stock if you require a 15% return?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd