For simpson securities

Assignment Help Operation Management
Reference no: EM13992338

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: EM13992338

Questions Cloud

The project risks in the cost management plan : Assume that you are the project manager for the construction of 10 conference facilities in your organization’s building in Florida. A statement of work has been given to you, and contracts have already been awarded. How did you account for the proje..
Stakeholders in decisions : How does Walmart involve its stakeholders in decisions? What has been your experience? What do stakeholders report? How do the reports of the different stakeholder groups differ? How does Walmart manage opposing stakeholder interests? How do corporat..
What can be done to minimize the possible unethical impact : Identify problems that you, as an employee, must deal with on a daily basis. Consider possible conflicts of interest you or others in your workplace must face. How does this affect decision making? Are these types of conflicts of interest avoidable? ..
Garbage to accumulate in his backyard : For months, Sammy has allowed his garbage to accumulate in his backyard, next to a school playground. Little Maria at age five, sees what to her promises to be a nice toy among the trash and runs into Sammy’s backyard during recess. As she starts to ..
For simpson securities : 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. You are the Judge and Harry's c..
If an identified hazard is capable of causing : If an identified hazard is capable of causing 250 fatalities and causing $50 million in property damage and other losses, what is its severity code? If this hazard is associated with certain model of aircraft with an expected service life of 25 years..
Ratio to reveal some quantified fact or trends : On McDonald's 2009 Annual Report, what do you consider to be McDonald's three major strengths, three major weaknesses, three major opportunities, and three major threats. Each factor listed much include a %, #, $ or ratio to reveal some quantified fa..
Have you committed a HIPAA violation : The Doctor’s office where you work has had a particularly busy month. In order to catch up on some paperwork, the doctor allows you to take your laptop computer home. While stopping to pick up your children from daycare, someone breaks into your car ..
Decision impact the chip manufacturers sales and net profit : A manufacturer of computer chips has a computer hardware company as its largest customer. The computer hardware company requires all of its chips to meet specifications of 1.2 cm. How will this decision impact the chip manufacturer’s sales and net pr..

Reviews

Write a Review

Operation Management Questions & Answers

  What should the operations manager do in this situation

Analysis of the output of a process has suggested that the variability is non-random on several occasions recently. However, each time an investigation has not revealed any assignable causes. What are the possible explanations for not finding any ass..

  Range of output volumes for which each alternative result

A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two alternatives, A and B, have been identified, and the associated costs and revenues have been estimated. Annual fixed costs would be $40,000 for A and..

  Contribution margin equals revenues minus

The break-even point in units is: Individuals are motivated by both financial and nonfinancial means of compensation. Contribution margin equals revenues minus: Sanchez & Ryan, Inc. sells a single product. This year, 20,000 units were sold resulting ..

  Describe the main characteristics of product-focused

Describe the main characteristics of Product-Focused and Process-Focused production as well as their advantages and disadvantages.

  Core and support processes

What should your competitive priorities be and what capabilities do you want to develop in your own core and support processes?

  Research analysis on intermodal and intramodal transfer

Research Analysis on Intermodal and Intramodal Transfer of Passenger and Cargo Security under State Government Transport System

  Explain the problem of sustainability in business decisions

In this discussion question, you will identify and explain the problem of sustainability in business decisions. To what extent do firms have a responsibility to avoid products made with unfair labor conditions? With unsustainable production methods?

  What will you do in order to score your promotion

You have been in company A for a 8 years and you just finished your bachlors and are due to a promotion. Your manager who was awaiting your degree completion resigns from the organization. The new manager is an outsider and he does not like you a lot..

  Compute the variance of the project completion time

In a situation with uncertain activity times, we generally assume the project completion time follows a normal distribution. How do you compute the variance of the project completion time?

  Determine the optimal project mix

Formulate the problem as a linear program (identify your x values, state the objective function, identify your constraints), and determine the optimal project mix that maximizes the total return using Excel Solver. Ignore the time value of money

  Find the solution that minimizes moving costs

Find the solution that minimizes moving costs using Microsoft Excel. Illustrate what would you have to do to the costs to assure that A always sends a car to D as part of the optimal solution.

  Construct a net material requirements plan

In addition to 90 units of S, there is also demand for 30 units of U, which is a component of S. The 30 units of U are needed for maintenance purposes. These units are needed in week 6. Modify the gross material requirement plan to reflect this ch..

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