...Domestic Partnership Benefits Domestic partnership is often defined as a legal or personal relationship between two individuals who live together and share a common domestic life but are neither joined by marriage or a civil union. This includes opposite-sex couples as well as same-sex couples. The laws in some states now permit same-sex marriage, civil unions or registry for domestic partnerships for same-sex or opposite-sex couples. There are many couples out there that cohabitate together sharing expenses such as mortgages or rent and automobile payments however they are not offered the same benefits of those who are traditionally married. The question is, should employers offer domestic partner benefits? There are many pros for an employer to provide benefits to domestic partners. An employer’s policy decisions regarding these relationships are shaped by state and federal laws, business needs and a desire for an inclusive corporate culture. Many employers now voluntarily offer benefit coverage to domestic partners even when it is not required by law. This trend is driven by several factors including changing demographics, the desire to be fair, workplace diversity and the need to improve employee morale. With the number of unmarried households increasing ten-fold from 1960 to 2007, employers find themselves trying to keep pace with the changing profile of the work force. Additionally with all of the recent gay rights controversy and same-sex marriage becoming legal...
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...a business founded on friendship.” [ (Rockfellar) ] Partnerships are defined as the relationship existing between two or more persons who join to carry on a trade or business. Each person contributes money, property, labor or skill, and expects to share in the profits and losses of the business. [ (IRS) ]. There are two different type of partnerships limited, and general. Domestic Corporation is defined as a U.S. corporation doing business in the state in which it is incorporated opposite of foreign corporation [ (Answers.com) ] Partnerships John D Rockefeller stated that partnership is “A friendship founded on business is better than a business founded on friendship, but 70% of business partnerships fail (according to Harvard Business School); the fastest way for a business to succeed is to ignore the dynamics between yourself and the other partners. According to the National Center for State Courts, there were a whopping 14,957,085 civil suits filed in 2001 and that number is increasing every year. The shocking statistic is more than $200 billion dollars a year are poured into fending off litigation [ (National Center for State Courts) ]. Partnerships are used to minimize the disadvantages of a sole proprietorship and maximize the advantages of having more than one owner. Most states have a model law governing partnerships based on the uniform partnership act [ (Ferrell, Hirt, & Ferrell, 2009) ]. Partnerships are typically larger than sole proprietorships but smaller...
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...Name Instructor Houston English 205 September 2, 2013 Gay in America In today’s society Gay men and women have to fight for everything, including the right to marry and have a baby. Gays face many challenges which include a job, a loved one, a family; the right to life, liberty and justice, all these rights are given to all but Gay people. I ask you; is this fair; are Gays not people to? Sometimes even before a gay person comes out they get teased, ridiculed, punished, assaulted and you wonder why some people try to hide it. For a Gay person it can be a constant struggle, just to live and be happy. Everything in a gay person life is a challenge, they must fight for everything. A person that is born has no choice on who they are or what sex they find attractive. Being gay is no different then being attracted to the opposite sex. ABC News reports, “Northwestern University psychology professor Michael Bailey has spent years studying human sexuality. He says sexual orientation is something people are born with, and this orientation makes some gay men more feminine” (1). Yet we blame and punish the families of these gay people. We even try to limit Gay people’s rights. Society believes that being gay is wrong and disgusting. Dr. Berggren claims that “It has long been asserted, primarily by various religious and politically conservative groups, that homosexuality is detrimental to the well-being of any society in which it occurs” (1). Being gay cannot...
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...Sexual Orientation Discrimination Introduction to Human Resources Management HR 353 2/25/2011 Matthew D. Hall Instructor: Joyce Willhite Sexual Orientation Discrimination “I believe all Americans who believe in freedom, tolerance and human rights have a responsibility to oppose bigotry and prejudice based on sexual orientation (King).” This quote by Coretta Scott King is how the workplace should feel about discrimination against those who have a different sexual orientation. Sexual orientation discrimination is a rapidly growing issue in today’s workplaces. Just like sex, age, and race discrimination it is becoming one of the major issues that is present in the workforce. With the growing news media issues like gay marriage and “Don’t ask don’t tell”, this is becoming another one of the areas employers are and have been discriminating against workers. There are many state laws to discourage this type of discrimination, but as of right now there is not a federal law that protects against sexual orientation discrimination. I am sure in time there will be some form of federal protection, but only time will tell. As part of the Lesbian Gay Bi Transgender (LGBT) family, I have seen firsthand how this discrimination has and continues to negatively affected people’s lives. When people are singled out for any reason and discriminated against, it makes me think “are we really in the land of the free?” Just as Ms. King’s quote stated, if we believe in freedom...
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...Bobby Flashman Flashman 1 January 22, 2012 CEP # 1 Gay Marriage in Washington The controversy of gay marriage has always been an issue, whether mentioned in the confines of a home, a school or even, as stated by David Masci, the hallways of the U.S. congress, white house and courtrooms. As times change and generations pass, gay and lesbian relationships are becoming more acceptable, but that does not mean the problem is completely solved. Gay marriage has been legalized in six states as well as the District of Columbia, while twenty nine states have passed a constitutional amendment prohibiting same sex marriage in that state (Masci). Each side of the argument is very black and white. Either you believe that there is no right to tell someone they cannot be legally bonded with the one they love. While the counterpart, mostly religious aspects, is that it is not morally right for two members of the same sex to be together. Whether or not gay and lesbian couples should be allowed to wed is only part of the problem. The other issue at hand is whether the law should be decided by a peoples vote, or by a proposition to legislature by the Governor. Most states rest this choice with the people, deciding the content of their states constitution themselves. But the Governor also has the power to decide if their state is mature enough to be passed, though it would still not be a for sure thing. In the midst of this budget crisis in Washington State, there is also talk...
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...2011 Economic Motives for Adopting LGBT-Related Workplace Policies Introduction This study evaluates the economic impact of corporate non-discrimination and benefits policies by analyzing the extent to which economic reasons motivate corporations to adopt such policies. The past decade has seen a large increase in the number of corporations adopting LGBT-related workplace policies. In 1999, 72% of Fortune 500 companies included sexual orientation in their non-discrimination policies, and only a handful included gender identity.1 By 2009, 87% of such companies included sexual orientation and 41% included gender identity in their non-discrimination policies.2 Over the same time period, the percentage of Fortune 500 companies offering domestic partner benefits increased from 14% to 59%.3 This study reviews statements issued when adopting such policies by the top 50 Fortune 500 companies and the top 50 federal government contractors. Since companies began to adopt these policies, and state and local governments began to amend their laws to prohibit sexual orientation and gender identity discrimination, arguments have been made that the requirements are costly and burdensome for private businesses. As recently as May 2011, the Tennessee legislature repealed an ordinance passed by the city of Nashville requiring city contractors to include sexual orientation and gender identity in their non-discrimination policies.4 The Tennessee Chamber of Commerce initially supported the state...
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...Adding Domestic Partner Benefits COMM/215 February 3, 2011 Dr. Blue Without a doubt, in a little more than a decade, domestic partner benefits have gone from virtually nonexistent to the predominant plan among the largest U.S. employers. More than 51 percent of Fortune 500 companies offer Domestic Partner Benefits; these employers have found an added greater value for them at minimal cost.Studies reveal employers who offer Domestic Partner Benefits are able to attract talented employees, increase employee morale, and experience low or minimal increase in cost. This research paper will reveal the Values of offering domestic partner benefits as well as address the Cost associated with it. Can Be Used to Attract Talented Employee Competitively: The value of offering domestic partner benefits is that it can be used as a powerful recruiting tool as well as to help retain talented and committed employees, according to the League of Minnesota Cities. Studies suggest that employees make decisions about job offers based on domestic partner benefits. Very skilled and highly trained workers may hold out for a company that offers domestic partner benefits. A benefit package that appeals to a diverse workforce gives employers an edge when it comes to recruiting. Also, there is value in the statement that offering the benefits makes about your company's acceptance of domestic partner relationships. Employee Enrollment is Minimal: While there is value in offering domestic partner...
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...of Adding Domestic Partner Benefits COMM/215 February 3, 2011 Without a doubt, in a little more than a decade, domestic partner benefits have gone from virtually nonexistent to the predominant plan among the largest U.S. employers. More than 51 percent of Fortune 500 companies offer Domestic Partner Benefits; these employers have found an added greater value for them at minimal cost.Studies reveal employers who offer Domestic Partner Benefits are able to attract talented employees, increase employee morale, and experience low or minimal increase in cost. This research paper will reveal the Values of offering domestic partner benefits as well as address the Cost associated with it. Can Be Used to Attract Talented Employee Competitively: The value of offering domestic partner benefits is that it can be used as a powerful recruiting tool as well as to help retain talented and committed employees, according to the League of Minnesota Cities. Studies suggest that employees make decisions about job offers based on domestic partner benefits. Very skilled and highly trained workers may hold out for a company that offers domestic partner benefits. A benefit package that appeals to a diverse workforce gives employers an edge when it comes to recruiting. Also, there is value in the statement that offering the benefits makes about your company's acceptance of domestic partner relationships. Employee Enrollment is Minimal: While there is value in offering domestic partner benefits...
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...There are a lot of legal forms for businesses. In this paper, I will talk about these forms; sole proprietorship, partnership, limited liability partnership, limited liability company, S corporation, franchise, and corporate form. I will try to develop scenarios in which each of these forms of business would be the preferred form. For each scenario, I will justify why the corresponding business form is preferred. Sole proprietorship is the first form of businesses and it is the simplest form of business organization. The Sole proprietorship and the owner of the businesses are representing the organization. Forming the sole proprietorship is very easy and does not cost a lot and this is why it is the most common business in United State. The businesses owner is the manager and he takes all the decisions and the responsibilities including the hiring, and firing the employees. The sole business owner owns all of the business and has the right to obtain all of the business’s profits. For the past points, the sole business would best a good form. Lastly, the only disadvantage is that the sole business owner is responsible for the entire business obligation. There are many examples for the Sole proprietorship such as Independent Contractor, E-Business, Brick and Mortar Business… Etc. Tina is young lady who she part time student at community college. She decided to earn some money by creating a small business for dogs’ setter. She provides services in her new business (feed the dogs...
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...Form Department of the Treasury Internal Revenue Service A Principal business activity B Principal product or service 1065 U.S. Return of Partnership Income For calendar year 2011, or tax year beginning ▶ OMB No. 1545-0099 , 20 . , 2011, ending See separate instructions. 2011 35-4545454 01-15-2008 Name of partnership D Employer identification number ZLW GP C Business code number Print or type. Number, street, and room or suite no. If a P.O. box, see the instructions. City or town, state, and ZIP code E Date business started Miami, FL 33146 F Total assets (see the instructions) $ 3301467 Amended return G H I J (1) (2) (3) Initial return Final return Name change (4) Address change (6) Technical termination - also check (1) or (2) Other (specify) ▶ Check accounting method: (1) Cash (2) Accrual (3) Number of Schedules K-1. Attach one for each person who was a partner at any time during the tax year ▶ 2 Check applicable boxes: Check if Schedules C and M-3 are attached . . . . . . . . . . . . . . . . . . . . . . (5) . . . . . . Caution. Include only trade or business income and expenses on lines 1a through 22 below. See the instructions for more information. Merchant card and third-party payments (including amounts 1a reported on Form(s) 1099-K). For 2011, enter -0- . . . . 4173585 b Gross receipts or sales not reported on line 1a (see instructions) 1b 4173585 c Total. Add lines 1a and 1b . . . . ...
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...so you are personally responsible for all the debts and obligations of the business. Many challenges are faced when it comes to raising money for this type of business. Since you can’t sell stock in the business, investors won’t often invest. Also, banks are terribly hesistant to loan money to this type of business for lack of credibility if the business ends up failing. General Partnership is a form of business where two or more people share the ownership of one business. Each partner contributes to all aspects of the business including money, property, labor and skill. In return, each partner shares in the losses and gains of the business. Partnerships entail more than one person when it comes to decision making. It is very important that the parties involved discuss a wide variety of issues up front and develop a legal partnership agreement. This agreement should document how future business decisions will be made, including how the partners will divide profits, resolve disputes, change ownership (bring in new partners or buy out current partners) and how to dissolve the partnership. Partnership agreements are...
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...Form Department of the Treasury Internal Revenue Service A Principal business activity 1065 U.S. Return of Partnership Income For calendar year 2013, or tax year beginning ▶ OMB No. 1545-0099 , 20 . , 2013, ending Information about Form 1065 and its separate instructions is at www.irs.gov/form1065. Name of partnership 2013 12-3456789 D Employer identification number Manufacturing B Principal product or service Walk Upright Company Type or Print Number, street, and room or suite no. If a P.O. box, see the instructions. E Date business started Walking Poles C Business code number 58 Trekkers Point City or town, state or province, country, and ZIP or foreign postal code F Total assets (see the instructions) $ 339900 G H I J Check applicable boxes: Fort Collins, CO 80521 599,999 Amended return (1) (2) (3) Initial return Final return Name change (4) Address change (6) Technical termination - also check (1) or (2) Other (specify) ▶ Check accounting method: (1) Cash (2) Accrual (3) Number of Schedules K-1. Attach one for each person who was a partner at any time during the tax year ▶ 2 Check if Schedules C and M-3 are attached . . . . . . . . . . . . . . . . . . . . . . (5) . . . . . . Caution. Include only trade or business income and expenses on lines 1a through 22 below. See the instructions for more information. 1a b c 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16a b 17 18 19 20 21 22 1a Gross receipts...
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...and operated by one person. * Profit Retention – At the owner’s discretion if funds are spent or re-invested back into the company as long as debt and obligations are paid. * Location – Sole proprietors need to comply with licensing requirements in the state in which they‘re doing business as well as local regulations and zoning ordinances. * Convenience/Burden – A convenience of sole proprietorship is that the owner pays taxes on income from the business as part of his or her personal income tax payments. A sole proprietor might consider it a burden when investors hardly invest into their company. GENERAL PARTNERSHIP General Partnership is a business organization consisting of two or more persons that have entered into a contract known as articles of partnership and share profit gains as well as losses. A major advantage of general partnership is that you have someone to share equal responsibility of the...
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...responsibilities with anyone else. Profit retention - as a sole proprietor, any profit made from the business would only be distributed to the sole owner. There are not partners associated with sole proprietorship. Expansion - as a sole proprietor, you have autonomy or flexibility with your business. Since sole proprietors are not seen as legally separated from their business, the ease of expansion is uncomplicated. Compliance - there are minimal reports you have to file with the government and there is no restrictions on the operations of your business. General Partnerships: is a partnership that is formed with two or more people establishing a business to make a profit. Liability - since each partner is considered a general partner, each can be held personally liable for the partnership’s actions and debt. For example, if the business gets sued, the partners will be sued as a group. Income Taxes - with general partnerships each partner has to pay a percentage of taxes based on income percentage. This is...
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...CHAPTER ONE 1. Introduction to the study The purpose of study is to evaluate the effects of strategic buyer-supplier alliances and partnerships in the South African clothing stores, sector and industry. Strategic Alliances, Partnerships and Joint Ventures involve the establishment of informal and formal relationships with other individuals or businesses to share resources, ideas or capital (Hugo, Badenhorst-Weiss & Biljon 2007). The research indicates that during the past decade, companies in all types of industries and all parts of the world have elected to form strategic alliances and partnerships to complement their own strategic initiatives and strengthen their competitiveness in domestic and international markets (Thompson Jr, Gamble & Strickland, 2006), the statement confirms that some of the companies realize the importance of strategic alliances and partnerships. The current situation in South Africa indicates that the government is imposing Quotas on Chinese imports with intent to influence the South Africa retailers to buy from local suppliers (Sandrey & Fundra, 2008). The quotas have encouraged the major retailers in South Africa to procure more from local suppliers than ever before given the growth in their collective businesses over the last four years. Preliminary investigation between the retailers and clothing manufacturers confirm the retailers’ expectations that local companies will be unable to make up the expected shortfall the quotas will inflict...
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