How you will handle the given situation

Assignment Help Microeconomics
Reference no: EM131390077

Short discussion:

You are the risk manager for Orlando Radiology. Your organization operates 10 medical imaging facilities throughout the Orlando, FL region. As the risk manager, you are responsible for safety, risk management, insurance programs, and workers' compensation. You report to the Vice President of Human Resources. Because of increased injuries and associated workers' compensation costs with sonographers and radiologic technologists, the Vice President of Human Resources convinced you to implement an incentive program to curtail injuries.

The incentive program denotes that all employees at the medical imaging facilities will receive a $100 bonus in January if their facility did not have any workers' compensation claims during the year (January 1 - December 31). If an employee is injured and a claim is filed that employee does not qualify for the bonus nor does any employee in that facility qualify for the bonus. The VP of Human Resources argued the incentive program would bolster peer-support, would encourage safe behaviors, and would reduce injuries. You agreed to the program as you will receive a bonus of $5000 if 2 or fewer facilities report and file a workers' compensation claim.

As of December 29th, your organization has had a fairly successful year. Two facilities reported worker injuries and filed workers' compensation claims. The employees at these facilities will not qualify for the bonus, to be paid in January. At this time, you are on schedule to obtain a $5000 bonus, to be paid in January. This is timely as your spouse just recently lost his/her job. Near the end of the day on December 30th, you receive a phone call from a worker claiming she hurt her back while assisting a patient from a wheelchair. She indicated she is in severe pain and needs to seek medical treatment. However, she does not want to tell her supervisor nor file an incident report or claim because she wants to receive her bonus. And, she indicated that she does not want to keep her co-workers at her facility from receiving their bonus. She tells you that she will apply this to her medical insurance and won't mention it to her supervisor so that she and her co-workers receive their bonus. You need to make a decision as to how you will handle this situation, knowing that if you report the incident and file a claim she will not get her bonus and her co-workers will not get their bonus, even though they are only a few days from qualifying. Further, if you report the incident/claim, you will not receive your $5000 bonus.

What do you do now?

Respond to one other response in the discussion activity. Be sure to discuss whether or not you agree with the response, whether or not he/she chose a moral and ethical course of action and whether it was consistent with professional codes of conduct related to the safety profession.

Reference no: EM131390077

Questions Cloud

Create a vector of zeros : Suppose we wish to create a vector of zeros using a variable sampling rate Fs. i) If we want the vector to have a duration of 5 seconds (starting at time t = 0), what is the formula for the number of samples nz we need in terms of Fs?
Would you expect the variance to be larger or smaller : For the probability function would you expect the variance to be larger or smaller than the variance associated with the probability function used in the previous exercise? Verify your answer by computing the variance.
If we want the vector to have a duration of 5 seconds : Suppose we wish to create a vector of zeros using a variable sampling rate Fs. i) If we want the vector to have a duration of 5 seconds (starting at time t = 0), what is the formula for the number of samples nz we need in terms of Fs?
Magnitude of the electric field : The magnitude of the electric field due to some point charge is 36 N/C at a point some distance, say r, away from the charge. If one found the magnitude of the electric field at a point that was 4 times closer, what would the magnitude of the ele..
How you will handle the given situation : You need to make a decision as to how you will handle this situation, knowing that if you report the incident and file a claim she will not get her bonus and her co-workers will not get their bonus.
Concepts of physics : Calculate the work done on a 1500-kg elevator car by its cable to lift it 40.0 m at constant speed, assuming friction averages 100 N. (b) What is the work done on the lift by the gravitational force in this process? (c) What is the total work done..
Determine the probability that someone has a high income : Determine the probability that someone is under 30,- the probability that someone has a high income given that he or she is under 30.
Should this starter be used to operate this motor : An electrician is given a NEMA size 2 starter to connect a 30 hp, three-phase squirrel cage motor to a 575 volt line. Should this starter be used to operate this motor?
Conduct an ergonomics assessment and besides : He also states "there is no OSHA standard for ergonomics, so there is no need to conduct an ergonomics assessment and besides, these incidents have only accounted for a small portion of our workers' compensation costs."

Reviews

Write a Review

 

Microeconomics Questions & Answers

  Macro climate and not enough on the micro climate

Explain how "market based policies" might be used to solve the problems of externalities, Be sure to define all terms and identify the origins of any theories you use - Reconstruct what happened from 2006 through 2012 as it relates to microeconomic..

  How many outcomes are there for the chance event

What is the decision to be made, what is the chance event and what is the consequence for this problem? How many outcomes are there for the chance event?

  What can be said about conditions in the hdtv market

Analyze how the following events influence the equilibrium price and quantity of HDTV.Technological progress increases the efficiency of mass producing HDTV-capable television sets.

  What are the nash equilibrium prices

Write down the expressions for how much a consumer at location d would value the products sold by firms A and B, if they set prices Pa and Pb? Based on your expressions in (a), how much will be demanded from each firm if prices Pa and Pb are set?

  Joe quits his computer-programming job

Joe quits his computer-programming job

  What learned theories of international trade does

If a poor country invented a brand new product and marketed and exported to other poor countries. What learned theories of international trade does this occurrence contradict

  An entrepreneur is considering opening a coffee shop in

an entrepreneur is considering opening a coffee shop in downtown cookeville. the building that he is considering will

  Proposals on total surplus including social cost and benefit

Describe the likely impact of each of these three proposals on total surplus including social cost and benefit and Which of these proposals is most consistent with the Coase approach to externalities

  Biggest contributor in gdp

Shares of consumption, investment, and government spending as a part of GDP. Use nominal GDP for these calculations. Biggest contributor in GDP.

  Specify the bounds of output and price for the function

Assume a firm has the following total cost function TC = 10Q2- 25Q + 150- Specify the bounds of output and price for the function.

  How many shares of starbucks stock were traded on this day

The following table shows information on June 7, 2013 on the stock price of Starbucks Corporation: How much did the price of Starbucks' stock change from the day before? Did the Starbucks' stock price vary much during this day's trading?

  Why might the consumption of medical services confer some

britain is proud of its national health service nhs. in 1948 the national health service act stipulated that the

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