What is the benefit from being an EEO/AA employer?
Explanation:
Benefits of being EEO:
Equal Employment Opportunity (EEO) and Affirmative Action (AA) are not required in today's evolved organizational climate. EEO and AA enforce quotas on organizations that must be met during the hiring process, thus requiring them to hire unqualified people. Evaluate this statement. Do you agree or disagree? Explain.
Under what circumstances an employer might want to switch from an existing defined benefit plan to a cash balance plan, along with the implications of doing so.
The retirement benefit program from your employer will send you 240 monthly checks of $5,000 after you retire. The first check will be a month from your retirement. The interest and discount rates are 0.2%/month, compounded monthly. If you retire today, then what is the present value of this benefit program?
10. If an employer wishes to provide life insurance as a benefit, but cannot afford to offer a large amount, then the employer would probably use the _______ schedule contract provision. A. earnings B. combination benefit C. position D. flat-benefit
Tighe won a new automobile from his employer for being the top salesperson in the entire firm. The auto cost the employer only $34,000 because he purchased a fleet of cars from the dealer; it had a retail price of $37,000. In addition, Tighe’s employer gave him $5,000 with which to pay the taxes on the prize. How much must Tighe include in his gross income? a. $42,000 b. $37,000 c. $35,000 d. $32,000
Collect two policies on EEO, sexual harassment, or family and medical leave from two different employers in your area. How are they similar (or different)? Which aspects of the policies support the appropriate law?
Accounting Question (Employee Benefit Tax Planning) 1. Name and describe 3 fringe benefits that the employer may provide to an employee tax free and what discrimination rules, if any, apply to those benefits. Be sure to specify the code sections that provide the income tax exclusion for the benefit.
what are two major Equal Employment Opportunity (EEO) laws and executive orders regarding selection. Identify and describe the laws and identify whom the laws cover.
Problem 3: Using a Spreadsheet to Calculate Pension Benefit Payments Your employer uses a final pay formula to determine retirement payments to its employees. You have 20 years of service at the company and are considering retirement sometime in the next 10 years. Your employer uses a final pay formula by which you receive an annual benefit payment of 4 percent of your employer uses a final pay formula by which you receive an annual benefit payment of 4 percent...
Identify the federal law which promoted employer benefit programs and has been found to prohibit state law claims ( such as malpractice and negligence claims) against insurance companies that are part of an employer sponsored health plan.