User Account

All Pages

Equity week 3, management, Management Theories

Assignment Help:
Exercise: The Issue of Equity-Read the following situation:

The local textile plant has a workforce of 55 full-time hourly workers, 12 part-time workers (less than 15 hours per week), and six managers that are salaried. The company has been struggling for about five years and has just lost its only major account with a sporting clothes company. Contract renegotiations have been intense for the past six months, but they collapsed two days ago. There is barely enough cash to pay workers for their last two weeks of work. In order not to incur additional payroll obligations to the workers, the company has called a meeting of all employees to announce the plant''s closing at the end of the week (in two days). Although the workers were not overly surprised, they were overwhelmed that so many would be seeking employment in their small community within the next few days. Even though the hourly workers are to be terminated at the end of the week (in two days), managers (those that are salaried) will receive their pay for another 60 days as they handle the closing of the plant.

Analyze this situation from the perspective of the company managers and the HR department by addressing the questions below. Before beginning your analysis, read Section 639.9 "When may notice be given less than 60 days in advance" of the Worker Adjustment and Retraining Notification (WARN) Act. This can be found on the Department of Labor Web site: https://www.dol.gov/dol/allcfr/ETA/Title_20/Part_639/toc.htm. This is a brief section of the act, which is easy to read.

Answer the following questions in your report:

Do you agree with management''s human resource plan of action for the immediate plant closing? In your opinion, was the decision fair? Why or why not? Explain in detail and include the legal implications. What does the WARN Act say that allows the plant to close inside of the 60-day notice period?

What possible alternatives do the managers and HR have in handling this scenario? If no other attractive options exist and they must depart in two days, what kinds of assistance can the plant give the newly unemployed workers? Explain how this may affect the organizational morale for the remaining workers. Given the financial restrictions, is outplacement assistance a possibility?

Related Discussions:- Equity week 3, management

How to Develop and Implement Strategic Plans, The most successful organizat...

The most successful organization having good success growth by Develop and Implement Strategic Plans, A strategic plans includes mission, vision, goals, priorities, and the action

Harrington emerson, Harrington Emerson: He proposed the 12 principles...

Harrington Emerson: He proposed the 12 principles of efficiency. They are:- 1. Ideals: The best product in shortest time at the least expense is the ideal of the manageme

Quatitative technique in management, How has quantitative analysis changed ...

How has quantitative analysis changed the current scenario in the management world today.

Managerial functions, Directing  Directing is the managerial function ...

Directing  Directing is the managerial function concerned with the interpersonal aspect of managing by which subordinates are led to understand and contribute effectively and

Communication channels, Communication Channels: Communication channels...

Communication Channels: Communication channels are the basic physical terms by which you communicate your message to your future audience (e.g., memos, speeches, one-on-one me

How does a crm help business to grow, CRM methods that go beyond technology...

CRM methods that go beyond technology, helping companies attain and retain customers, build lasting relationships, improve loyalty, gain insight, and execute customer-focused metho

Game theory, what companies provide game theory models

what companies provide game theory models

Linear planning programming, a paper mill produce two grades of paper viz....

a paper mill produce two grades of paper viz., x and y. because of raw material restriction,it cannot produce more than 400 tons of grade x and 300 tons of grade y paper in a week

Objectives of a library catalogue, Objectives of a Library Catalogue C...

Objectives of a Library Catalogue Charles Ami Cutter described the objectives of a library catalogue in 1876 when he published the first edition of his book Rules for a Dictio

International organizations, International Organizations: Internation...

International Organizations: International  organizations  such as the international monetary fund the world bank the united nations organizations the Asian bank the African

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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