Describe how an organization affected by the COVID-19 pandemic is able to reduce the potential adverse impacts of downsize or restructuring to the existing employees with relevant exam
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Describe how an organization affected by the COVID-19 pandemic is able to reduce the potential adverse impacts of downsize or restructuring to the existing employees with relevant examples
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- The novel Coronavirus (COVID-19) is a virus that has hit the entire world with its devastating effects. Until recently, there was no known vaccine available. A person diagnosed with the virus could only manage with the hope that their immune system would fight the virus. Governments of many countries (including Ghana) have now accepted that ways must be adopted to be able to live with the virus without contracting it. This means that same must be done at the workplace as well. A single person found to have contracted the virus will have a lot of implication on the organisation. This certainly is a source of concern for HR managers in the organisation. a. Explain four (4) of the HR implications should the workforce contract this virus. b. Apart from the various safety protocols outlined by the W.H.O. and health sectors of various countries, discuss how HR can employ any four (4) of the various HR practices to help fight this pandemic?ANSWER SHOULD BE RELATED TO THE ARTICLE. THANK YOU. Explain FOUR (4) measures that can be taken by employers to avoid retrenchment of employees during this Covid-19 pandemic (endemic) crisis.Job fulfilling and satisfaction in employees is evidently of utmost importance.Examine and discuss in detail FIVE (5) key dimensions of job satisfaction that were required by employees during theCovid-19 pandemic.
- Management accountants must try to implement systems that are acceptable to budget stakeholders to produce positive effects. Now, as a management accountant, choose three (3) negative attitudes, explain them and write your recommendations on how you will address these negative attitudes from a management’s perspective. It could either be a policy that the management will implement or an action that will be undertaken by management to counteract the negative attitude.Subject: Business Ethics The COVID19 pandemic affected business. You are the President of a medium-scale firm. Your firm has been severely affected by the pandemic. It has been operating on a negative bottom line over the past ten months. You have a total human resources complement of 40 rank and file and four supervisors. Your firm has no other option but to let go of some of the employees to address financial losses. What do you think is the most ethical thing to do in letting go of some of your employees?Reflection paper on how the environment affected the organizations during the COVID-19 pandemic.
- WHAT ARE THE INFLUENCES THAT THREATEN THE SUCCESS OF THE ORGANIZATION AND THE IMPACT OF MODERN TECHNOLOGY ON THE ORGANIZATION DURING THE CURRENT COVID-19 PANDEMIC.The recent widespread scandal at Wells Fargo jolted and shocked the corporate world. How could such internal corrupt and outrageously illegal and unethical activities by professionals have occurred? Wells Fargo is “an American multinational financial services company headquartered in San Francisco, California” with offices nationwide and “the world’s second-largest bank by market capitalization and the third largest bank in the U.S. by total assets.” In September 2016 it was discovered that the company was continuing to create fake customer accounts to show positive financial activity and gains. 5,000 salespeople had created 2 million fake customer accounts to meet high-pressure internal sales goals, including a monthly report called the “Motivator.” The out-of-control sales leadership pressured sales employees to meet unrealistic, outrageous sales targets. Dramatically unrealistic sales goals propelled by continuous pressure from management coerced employees to open accounts for…What potential changes could be made to identify a more ethical solutions? Does the government have independent monitors of safety standards? What role does crisis management and public relations play in responding to a disaster?
- Do you agree or disagree with the lawsuit? Should Goldman Sachs be held be held responsible for rogue employee's behavior? What types of policies should each company have implemented to ensure this does not occur again.1) Are CEOs and key executives worth the large pay packages they receive? Explain. 2) Do you agree with Peter Drucker that corporate executives should receive compensation packages no larger than a percentage of the pay of hourly workers? Explain. 3) Do you think that executives in the broader public sector, such as hospital executives, should receive such large pay packages?Based on the framework of the Committee of Sponsoring Organizations of the Treadway Commission or COSO, evaluate one of the situations that appear in the document below: Case 1: Control Environment and Control Activities: The Importance of Hiring Trustworthy Employees Joe and Mary Gray started their multimillion-dollar home electronics and car audio store chain in Texas in the late 1970s. By mid-1983, their company had grown to 10 stores in 3 states with 500 employees and gross sales of $30 million. The decline of the oil industry in the mid 1980s led to the company losing almost half of their employees. Additionally, as people moved to more economically viable states, employee turnover continued to increase. During this time, the Grays needed to fill a recently vacated Controller position in their main office. The position was crucial and required a person who was highly motivated and knowledgeable of operations. After interviewing several candidates, they decided to give Jeff Smith…