This topic contains a solution. Click here to go to the answer

Author Question: Employee stock ownership plans can complement, but not substitute, retirement benefit plans. ... (Read 67 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
Employee stock ownership plans can complement, but not substitute, retirement benefit plans.
 
  Indicate whether the statement is true or false

Question 2

What is reneging and what should an organization do when it has to renege on a job offer?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

owenfalvey

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

False

Answer to Question 2

Often companies that renege on a job offer will give the job offer receiver compensation for breaking the contract. Instead of reneging, it may be possible to defer the new hire's start date and offer the person a partial salary in the interim. Alternately, it might be possible to hire the individual as a consultant or temporary employee and convert him or her to a full-time hire as soon as possible (for example, after a hiring freeze is lifted). Being honest and treating the new hire with respect during the reneging process can soothe the anger and feelings of inequity the person is likely to experience, and keep the individual interested in working for the firm in the future.





 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

For a complete list of videos, visit our video library