Notification of the redundancies

Assignment Help Financial Management
Reference no: EM13969621

The company of which you are secretary makes components for cars. Business has fallen off lately and the board has decided that it will have  to  dismiss  120  employees  during  the  next  five weeks. Write an explanatory memorandum to the board regarding any  legal  requirements  there  may  be in terms of:

(a) notification of the redundancies;

(b) selection of employees for redundancy;

(c) amounts of compensation that may be involved;

(d) the consultation requirements.

Reference no: EM13969621

Questions Cloud

Explain how a buyers access toreal-time sales patterns : Why is that first-hand experience sovaluable? Explain how a buyer's access toreal-time sales patterns of a specific retail locationcan influence their purchasing decisions.
Distinction between a contract of service : Explain by reference to case law how the courts make the distinction between a contract of service and a contract for services. What is the importance of this distinction?
How long would it take to load a 640 by 480 frame buffer : How long would it take to load a 640 by 480 frame buffer with 12 bits per pixel if 105 bits can be transferred it take to load a 24 bit per pixel frame buffer with a resolution of 1280 by 1024 using thus some transfer rate?
Which economic activities would be included in us domestic : Which economic activities would be included in the U.S. domestic gross product (GDP)?
Notification of the redundancies : The company of which you are secretary makes components for cars. Business has fallen off lately and the board has decided that it will have  to  dismiss  120  employees  during  the  next  five weeks. Write an explanatory memorandum to the board ..
Stores issuing and accounting for equipment : Amongst other things, the management has asked him to work in the stores issuing and accounting for equipment issued to Aggressive's employees. Alan feels that he has not been trained to do this and has given in his notice.
Are there any risks to delayed updates to gardiners system : Do you think that the more gradual implementation of online sales implemented by Gardiners is too safe? Is there a benefit to this careful, planned approach? Are there any risks to the delayed updates to Gardiners online system?
Number of absences of two to three weeks : John is one of the employees of a firm in which you are a partner. He suffers badly from arthritis. He has been employed for 10 years. However, he has had a number of absences of two to three weeks' duration over the past three years.
Provisions of the relevant legislation : The board, which is concerned about this, asks for an explanatory memorandum, again, for the next board meeting, summarising the main provisions of the relevant legislation and setting out procedures which the company should adopt to ensure that t..

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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