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Mollys Case

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Submitted By melissarachel
Words 772
Pages 4
Melissa Mattila
ENG 325
Molly’s Case

The Stakeholders in this case are Molly, her co-workers, the families of Molly and her co-workers, the pay-roll accountant as the decision maker, as well as the peer managers and the company and its stockholders. As a payroll manager you are forced to keep confidential information regarding all employees in the company. If I were in the shoes of this decision maker I would go to upper management and suggest that someone from higher up the chain of responsibility, such as the CEO, should conduct a meeting so all employees were notified of the economic hardship of the company. People want to know the truth. First rule of public relations is to never lie no matter how bad the news is. I would not tell Molly directly because it would be unfair to other co-workers who did not have access to that kind of information at the same time as Molly.
Molly has come to express her concern that she may be making a terrible financial decision if she does not find out for sure if her name is on the laid-off list. If her name is on that list she will be unable to afford her new house that she was about to get a mortgage on. In that same scenario her family will also suffer due to the loss of income and potential new house. Molly’s co-workers also face the same consequences. The peer managers are also stakeholders, if things were to go south with the company they would be forced to take on more responsibility in order to take up slack after employees have been laid-off. The company would also suffer a hardship due to lack of employment and so it will be challenging to get back on their feet. Stockholders will be scared to see that the company is having hard economic times, they will see a loss in value in their shares of the company and will likely sell them off as soon as possible to try and get what they can out of the company

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