... o Breakout o The Daily Ticker o The Exchange o Unexpected Returns o Financially Fit o Just Explain It o Hot Stock Minute • CNBC o Big Data Download o Off the Cuff o Talking Numbers o Latest Headlines • Career & Education • Insurance • Lifestyle • Loans • Real Estate • Retirement • Saving & Spending • Taxes • Glossary • Your Money 101 Top of Form Search for share prices [pic][pic][pic] Bottom of Form [pic] Tip : Use comma (,) to separate multiple quotes. Learn more... [pic]Finance Search Mon, Apr 8, 2013, 3:43pm EDT - US Markets close in 17 mins [pic][pic]Workers Stuck in Disability Stunt Economic Recovery [pic]By Leslie Scism |...
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...Macroeconomics Social Security Chapter One: The Structure of the Social Security System What is Social Security? How does it work? When and why was it started? Who benefits from Social Security? Who pays into Social Security? According to the Merriam-Webster dictionary, Social Security is “the principle or practice or a program of public provision (as through social insurance or assistance) for the economic security and social welfare of the individual and his or her family; or a U.S. government program established in 1935 to include old-age and survivors insurance, contributions to state unemployment insurance, and old-age assistance”.# Social Security was a plan enacted on August 14, 1935, by President Franklin D. Roosevelt. This program provided people in a need base situation with survivor benefits, disability benefits, health-care benefits, and automatic cost-of-living adjustments. In order to fully understand Social Security one must understand how and why it came about into our economy and society and the effects it has had on our nation. In the late 1800’s many of Americans earned a living out on the farm. People made money according to how well they could produce certain crops, how much they sold, and how easy it was for the farmers to get their goods to a marketplace. This set a basis and standard of living where children didn’t have to worry about what they would do for a living. At that time there was only one option, and that was to be a farmer...
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...Legal, Safety, and Regulatory Requirements Sarah Miller HCS/341 November 19, 2012 Instructor Alejandra Sipion Common sense in the workplace has been replaced by litigation. Human resource departments now have many rules and regulations that need to be followed or the company can face stiff fines and penalties. Some of these regulations that have been established by the United States, such as the Department of Labor, the U.S Equal Employment Opportunity Commission, the Americans with Disabilities Act from 1990, and the Department of Homeland Security will be discussed in this paper in relation to how they have an effect on all human resource departments of all types of organizations. The Department of Labor administers and enforces more than 180 federal laws (Calvasina G,Calvasina R, Calvasina E, 2009). These laws cover a large variety of workplace laws. These include some that assure workplace safety, minimum wage, overtime pay, freedom from employment discrimination, and unemployment insurance. The human resource departments of all companies have to assure that they are in compliance with minimum wage pay, making sure that all employees get paid appropriately for overtime, and that the workplace is safe and has healthy conditions for all employees. Another way this effects human resources is they have to continually assure that no employee was let go for a discriminatory reason. If it is found that the company has not hired someone, or even fired someone because of...
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...Social Security Systems in the Netherlands From decades social security policies are in question all across Europe. Moreover, the future expectations of changes in the social security systems due to the variations in household structures and ageing of the society bear new social security systems. As most of the European countries the Netherlands, had a substantial growth in the 1960s. After the oil crises, the economy of the Netherlands worsened. Despite the successful creation of a large number of new jobs in the 1980s the growth of unemployment continued and remained persistent in character and still today. However, the social security system in the Netherlands is not alike to the 1970s and 1980s. The Dutch government expenditure on social benefits is characteristic of the well-developed welfare states - at 27.4 percent it is now above the EU average of 22.9 percent. It is among the high taxation countries and over average GDP per capita. Public employment is low and it has one of the lowest poverty rates. The extraordinary level of economic growth of the 1960s created the economic surplus in the Netherlands but by the world’s two oil crisis in the early 1970s the economic climate started to deteriorate. A stunning increase of unemployment in the late 1970s provoked a policy of labor cost reduction and cuts in the social security budget. It was believed that an increase in the real wages and social benefits would imply a further rise of unemployment. Moreover, it was...
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...Material Appendix I Part I Define the following terms: Term Definition Ageism A tendency to regard older persons as debilitated, unworthy of attention, or unsuitable for employment. Baby boomer A person born during a baby boom, especially one born in the U.S. between 1946 and 1965. Americans with Disabilities Act A law enacted by President Bush in 1990 and Amended in 2009 that gives protection and rights to those with disabilities. It is a wide and ranging set of laws that is similar to the Civil Rights acts of 1964 Visitability An international movement to change home construction practices to include three basic features. A zero step entrance to the home with access to the driveway or public sidewalk, at least 31 ¾ inch doorways, and at least a half bath on the ground floor of multi-tiered homes. Similar to Universal Design but more focused on social reform intent. Accessibility Easily approached or entered. Providing access. Disability inability to pursue an occupation because of a physical or mental impairment or a program providing financial support to one affected by disability Inclusion the act or practice of including students with disabilities in regular school classes also a relation between two classes that exists when all members of the first are also members of the second — compare Deinstitutionalization the release of institutionalized individuals from institutional care to care in the community also the reform or modification of an institution...
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...Employment Law Tammy Cox Columbia Southern University Index Introduction 3 Discussion 3 Health and Safety 3 Unions 4 Discrimination 6 Disability 7 Privacy 7 Job Security 9 Conclusion 9 Employment Law Introduction Employment Law is applied by the department of labor while expressing the USA employment laws and regulations. The purpose of employment law is to protect the rights and mistreatment of any employee working under any organization. The employment law plays an essential part in protecting the employees according to USA employment laws because every country has their own employment laws. Protection is provided to employers by the acts which are defined by the Department of Labor (Greenhouse, 2011). There are even legal rights for the foreigners, in which it is stated that under what conditions they can work in the country. Various acts of law that come under the employment law are: Equal Employment Opportunity Commission (EEOC), Sexual Harassment, The Americans with Disabilities Act and The Fair Labor Standards Act of 1938 (FLSA). In that particular regard, this paper focuses on the health and safety, unions, discrimination, privacy, and job security. Discussion Health and Safety The Safety and Health at Work is always profiled as catalysts factors improving the quality of work and competitiveness. This is now well proven through various indicators of quality of work and competitiveness, whatever their origin, social or technical. However...
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...the employer can pay the employee. Minimum wage is exposed in pay for dollar per hour. *Maximum Hours -Employee must be paid at the premium rate of pay for all hours worked in excess of 40 within any 7-day period -Exemptions: Executive, professional and administrative employees -Executives are VP, president, higher ups. -Professionals are lawyers, architects, doctors, accountants. -Administrative employees are people that work fairly independently without a lot of supervision. *Child Labor – prohibitions and restrictions -In the 20th century we decided that kids should be kids and not have to work -Talking about minors, somebody who is 17 years of age or younger -If you have a 16 year old or a 17 year old most work is permissible, but they cannot engage in any dangerous work EX.) Chemist, policeman, firefighter. Most work is okay. -We permit this because at the age of 16 kids can elect to drop out of school. -14 and 15 year olds employment is usually prohibited. The job cannot interfere with healthy growth, school, cannot be dangerous. The job must be part time. EX.) Work in a store for a couple hours, babysit, cut neighbors grass -13 and under NO EMPLOYMENT IS ALLOWED. Unless the department of labor approves. EX.) Modeling, actors and actresses, own a farm and kid helps out. -Reporting Requirements -Every business has to keep records, names of workers, how many hours they work, how much you pay them, detailed records of employees, overtime pay. -Must...
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...alcoholics and drug addicts really get Social Security disability benefits? Not anymore. There never were all that many people getting Social Security disability benefits on account of alcoholism or drug addiction, but Congress has now prohibited Social Security from paying disability benefits on the basis of alcoholism or drug addiction. However, alcoholics and drug addicts have heart attacks, get cancer or get sick in other ways just like everyone else. Alcoholics and drug addicts who become disabled apart from their alcoholism or drug addiction can become eligible for Social Security disability benefits. Abstract Social Security Disability Insurance (SSD or SSDI) is a payroll tax-funded, federal insurance program of the United States government. It is managed by the Social Security Administration and is designed to provide income supplements to people who are physically restricted in their ability to be employed because of a notable disability, usually a physical disability. SSD can be supplied on either a temporary or permanent basis, usually directly correlated to whether the person's disability is temporary or permanent There are many different types of disablities that are covered under SSDI. However, one area that has been under heavy debate is whether or not substance abuse should be considered a disablity and funded by SSDI. This study examined symptom severity and level of functioning in recipients of Supplemental Security Income (SSI) benefits for drug addicts...
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...Employment Opportunity Commission, the Americans with Disabilities Act of 1990, and the Department of Homeland Security. The development of these organizations and acts lead people to believe that “common sense and compassion in the workplace has been replaced by litigation.” The question remains, is there truth to that statement? Department of Labor The Department of Labor consists of multiple laws to ensure that workers are treated fairly and know their rights. These laws established by the Department of Labor protect people from harm in the workplace due to hazardous material or substances, their entitlement to pay and overtime along with hours that may be worked by children under the age of 18. Workers compensation act protects employees injured on the job or suffering a long-term illness due to the exposure of radiation or other chemicals. This act ensures their medical benefits and their right to proper treatment. The list of Acts supported by the Department of Labor goes on and on. Many employees that feel these Acts didn’t protect them have the right to file a lawsuit and gain compensation. ("Summary Of The Major Laws Of The Department Of Labor", n.d.) The U.S. Equal Employment Opportunity The Equal Employment Opportunity Act protects people from discrimination. No matter what a persons race, age, gender, disability, skin complexion, etc. are all entitled to the same opportunities. The Americans with Disabilities Act falls under this category of Equal Employment...
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...Group Name: The Corporate (A) SL. No. | Name | ID No. | 01 | Md. Saiful Islam | 104821 | 02 | Lenin Azad Polash | 104831 | 03 | Md. Whahiduzzaman Robin | 104865 | 04 | Rafiul Islam Chowdhury | 104965 | 05 | Md. Nazmul Hasan | 105043 | Letter of Transmission April 28, 2013 Md. Mosharraf Hossain Chairman Department of management studies Jagannath University, Dhaka. Sub: Submission of Assignment in “Employee Benefits of Walton (company)”. Dear Sir, We are very happy that we have been able to submit the assignment you have assigned to us. The assignment was to prepare the “Employee Benefits of Walton (company)” on the course named “Human Resource Management” as part of our academic activities. For the purpose of preparing the assignment we had to have an in-depth knowledge on Employee Benefits and the company Walton as well. This was the first ever opportunity for us to gain proper understanding to Employee Benefits and working on it over a company ever as such practical knowledge. Thank you for giving us the opportunity to learn the real life practice & increase the knowledge on Employee Benefit on the course “Human Resource Management”. Sincerely Yours Group Name : The Corporate (A) Section : A Department of Management Studies Jagannath University, Dhaka Table of Content Title | Subtitle | Page | Introduction | | vi | Background | Background of Bangladesh Small and Cottage Industry | vii | Definition | Definition of SME given...
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...federal, state, and local governments. Covered nonexempt workers are entitled to a minimum wage.” (www.dol.gov/whd/flsa) It also started “the forty-hour work week, established a national minimum wage, guaranteed ‘time-and-a-half’ for overtime in certain jobs, and prohibited most employment of minors in ‘oppressive child labor.’” (Wikipedia) Provides enterprise and individual employee coverage. Federal Insurance Contributions Act (FICA) – an employment tax that “imposes two taxes on employees and two taxes on employers.” These taxes fund old-age, survivors, and disability insurance program (OASDI) and hospital insurance (HI). (Textbook) The FICA “tax is a United States federal payroll (or employment) tax imposed on both employees and employers to fund Social Security and Medicare —federal programs that provide benefits for retirees, the disabled, and children of deceased workers.” (Wikipedia) This act requires “12.4% of earned income up to an annual limit must be paid into Social Security, and an additional 2.9% must be paid into Medicare. That limit is $113,700 for 2013.” There is a cap for Social Security tax, but for Medicare taxes there is not an earned income limit. Therefore, if you do not have to pay the social security tax, you are still responsible for the Medicare tax. “If you're...
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...created by the Social Security Amendment Act 1965, added Title XVIII and XIX to the Social Security Act. President Lyndon B Johnson was responsible for bringing about this change. Social Security Program started during the Great Depression of 1930s because of the stock market crash and bank failure, which wiped away the retirement savings of the Americans. Poverty rate among senior citizen exceeded 50% during this time. Social Security Act was created in an attempt to limit the five dangers of modern American Society. The Social Security Act was signed by President Franklin D Roosevelt on August 14, 1935, thus becoming the first president to advocate federal assistance to the elderly. Edwin Witt, the executive director of the president committee on economic security is the father of Social Security. If the total benefit paid by social security in 1940 was $35 million, it was $247.8 billion in 1990, after 50 years. In 2009, about 51 million Americans received $650 billion benefits, under different social security programs like social security disability insurance (SSDI), supplemental security income (SSI), retirement insurance benefits (RIB), temporary assistance for the needy families, ticket to work and self-sufficiency program, unemployment benefit, State children’s health insurance program, and Medicare and Medicaid. Medicare Title XVIII of the Social Security Act deals with Medicare. It is the country’s health insurance program for the people aged 65 or above. Certain...
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...work at their company. Human Resources provides benefits in six core areas, Health which includes (medical, prescription drug, dental, vision, and health care flexible spending accounts), Retirement (university provided retirement contributions and employee retirement savings vehicles), Tuition (for employees and eligible children of employees), Life Insurance (basic and supplemental life and AD&D insurance, and life insurance for dependents), Disability Insurance (short- and long-term disability and workers' compensation), Lifestyle Support (such as child care, EAP, transportation, banking, paid time off, and other benefits). In our research paper we will explore how some of these benefits affect the social, political and ethical areas of Great Britain and Australia. Life Insurance Human resource is a very difficult subject. It has so many different aspects to cover. The manual for human resource is so long but every area is important and has to be covered. Benefits are what every employee looks forward when looking for a job, though I believe many applicants don’t ask the question about life insurance. Life insurance is a touchy subject but I believe that every person should be insured for themselves and their loved ones. Not being covered whether it’s with or without your companies can leave financial hardship on your loved ones when you’re gone. Group life insurance exists just about everywhere. It’s a single policy that allows many members of an organization or employment...
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...originally intended to help the unemployed or underemployed (Welfare Info, n.d.). It went from just helping those two groups and branched significantly into helping low income families, disabled, and single parent families be able to live the best life possible. Some of the programs include "Medicaid, Food Stamps, Supplemental Security Income (SSI), Housing and Urban Development (HUD), Temporary Assistance for Needy Families (TANF), Head Start, Work Study, and Medicare" (Welfare Info, n.d.). Another very commonly known one is Social Security which is mainly for seniors when they retire. The history of the welfare system is quite interesting. Many years ago before the Welfare system had even began; the colonies actually imported the British Poor Laws (Welfare Info, n.d.). This basically separated those that could work and those that couldn't work due to their age or health. During the 1800's the US tried to continue work with the government so they could better benefit the poor but it wasn't until President Franklin D. Roosevelt the Social Security Act began in 1935 (Welfare Info, n.d.). With this act, it was able to launch programs to help many more people than just the elderly or those that couldn't work because of health reasons. During Bill Clinton's Presidency, he signed the "Personal Responsibility and Work Opportunity Reconciliation Act" and with this, the federal government gives an annual lump sum to the states to help the poor (Welfare Info, n.d.). In exchange the states...
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...individuals with disabilities and other disadvantage minorities, including veterans returning from World War I. The innovator saw the opportunity to create a service where individuals through recycling unwanted items through community donations and reselling those items to generate jobs for those who otherwise would not have the opportunity to attain a job. As with organizations, Goodwill originated with a simple two level operational structural frame, with the minister making all the decisions on the everyday operation of the organization and his team of employees with disabilities running the day to day operations. The organization refurbished unwanted goods within the community and resold items for a profit in order to generate jobs for individuals with disadvantages. During the course of time the organization has expanded tremendously and even partnered up with other nonprofit organizations, such as the Red Cross, to provide resources to individuals in need (History of Goodwill, 2005). The one-boss simple structure arrangement has evolved into a “machine bureaucracy” sort of organization, as described by Mintzberg’s five-step model. Today the organization is an organization with a defined print of operation from top to bottom levels of management and supporting staff with clearly defined policies and procedures and multiple levels of day-to-day operations. The organization has developed clear defined core assumptions and strategically ascribed job responsibilities...
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