Managers and supervisors within accounting departments

Assignment Help Accounting Basics
Reference no: EM13916331

Abstract

As a manager and supervisor of an accounting department, discuss the following issues related to the employment-at-will doctrine and liability of an employer based on actions and responses to the employee's behavior and actions. Jennifer, a recent graduate, has recently been hired by your accounting firm out of college. Upon being hired, she engages in a number of different behaviors that need you attention. Within each scenario of the employer vs. employee situation, will contain a list of steps to address the situation. Considering the following informative legal outcomes to the Employment-at-Will such as: the firms allowance legally in firing the employee based on the employment-at-will doctrine; the legal implications for the employer vs. the employee in the particular situation at hand; preventative measures that the employer should have or put into place in order to reduce any risk or liability; and if there is any "exceptions" to the employment-at-will doctrine that would apply in the particular incident.

Employment-At-Will Doctrine

Managers and Supervisors within accounting departments hold the right to authorize hiring, suspending, or terminating employees in authorizations to hire, suspend, or terminate an employee based on the Employment-at-Will doctrine. Given the documented performance of the employee, Jennifer, a recent graduate and hired by the accounting firm; the company has devised an affirmative plan of action to mitigate the incidental behavior and measures, based on the employment-at-will doctrine and to minimize possible liabilities to the employee as well as the employer. Looking at each particular situation will allow in the future for better practices in the employer vs. employee relationship.

At-will means that an employer can terminate an employee at any time for any reason, except illegal ones, or for no reason without sustaining legal liability. Same goes for an employee; they are free to leave a job at any time for any or no reason at all and no confrontational legal concerns. Implication of the Employment-at-Will doctrine includes also that an employer can change the terms of the employment relationship with no notice and no consequence. The article found on the National Conference of State Legislatures website stated the following; "For example, an employer can alter wages, terminate benefits, or reduce paid time off. In its unaltered form, the U.S at-will rule leaves employees vulnerable to arbitrary and sudden dismissal, a limited or on-call work schedule depending on the employer's needs, and unannounced cuts in pay and benefits"

Reference no: EM13916331

Questions Cloud

Incarceration of the worst offenders : The incarceration of the worst offenders that are often found to be a menace to society is an area of the judiciary system that protects the law abiding citizens of the United States.???
Result of a hypothesis test for a proportion : 1. If the result of a hypothesis test for a proportion is statistically significant, then 2.Suppose a 95% confidence interval for p, the proportion of drivers who admit that they sometimes run red lights when no one is around, is 0.29 to 0.38. Whic..
Subcultures within the prison walls : Subcultures within the prison walls are a wall of helping an inmate doing their time. Women in prison feel a loss of control over their lives and anxiety over the course of their prison term???
Five stages in this evolutionary process : Post your response to the following: Prison life has changed a great deal from the late eighteenth century to the beginning of the twenty-first century. The text outlines five stages in this evolutionary process. Have each of the stages in this pr..
Managers and supervisors within accounting departments : As a manager and supervisor of an accounting department, discuss the following issues related to the employment-at-will doctrine and liability of an employer based on actions and responses to the employee's behavior and actions. Jennifer, a recent..
Decide what to do and write a letter to greg waller : Or perhaps you should substitute the LifeStep and send only two of them. Your Task. Decide what to do and write a letter to Greg Waller, New Bodies Gym, 3402 Copeland Drive, Athens, OH 45701.
Aspect of prison life for women : What aspect of prison life for women is significantly different from that of prison life for men? How has this aspect of prison life influenced the prisoners' social interactions? Explain your rationale???
What does the expatriate should know : What does the expatriate should know? How is he going to learn about it?
Null hypothesis and the alternative hypothesis : 1. The data summary used to calculate the p-value in order to decide between the null hypothesis and the alternative hypothesis is called a

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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