21 Jul 2022

121

Corporation is a leading provider of innovative products

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Academic level: College

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Employers' Responsibilities 

Corporate event planning is one of the hugest undertakings, which requires a high level of skills and attention to detail. As it is, it can also have a lot of Fannies and incredibly rewarding when one manages to pull off the event of the year. Duty is guided by some rules which must be adhered to, hence protecting both the employer and employee (Simon, 2020). Now, if your employee is injured while on the line of duty, it is clear that employers are held responsible, and therefore they should be ready to pay for any damages. Assuming that I was the manager of the event planning and my contractor causes damage to the line of duty, then I should be held responsible. Employers are held accountable because it is a legal principle for negligent acts of their ignorance, and this includes employers being responsible for car crash caused by employees negligence when using the firm’s vehicles for business purposes. The whole process can be costly since some employees can be tricky, thus by causing unnecessary accidents and therefore, strict rules should be put in place to deal with any reckless. 

The significant effect on this is when dealing with employees who are aware of such laws and therefore tend to cause particular damages to gain reimbursement. As much as employers are to be held responsible, there should be proper laws governing the whole system. 

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Terms of Employment 

Hiring and firing of employees are guided by some rules and regulations of which must be adhered to. Before hiring an employee, he or she is offered an employment letter/contract letter. The firing of an employee without proper procedures is not accepted and therefore, should not be practised. Like in the case whereby Ann has been fired just because of coming late once it is in question because the main reason here is not keeping the client at bay, but it is because the company is going down. The laying off an employee because of performance base should be procedural of which has not been witnessed in Ann's case. 

As much as you have explanations for having to fire an employee based on job performance should go a long time away to avoid legal difficulties. It is good to avoid firing someone on the spot and use severance and releasing agreements to limit responsibility (Simon, 2020). Regardless of the prevalence of employment at will laws, a good employer will still take the correct dismissal procedures since there are some steps to follow before firing an employee. The measures include reporting the matter, according to reasonable policy and guidelines, and extensively investigating the issue, which is Ann's case is not experienced. So, it is clear that the termination of Ann's contract was illegal. 

Procurement 

Ignorance has no defence, and therefore business must be guided by some rules and regulations. Acting later because of negligence is a show of incompetence and primitively at the workplace. It has been noted that this employee has been making orders in the absence of his boss, of which the boss has been paying without any dispute and without cautioning the employee at any given point. Upon his realization, he is acting and, therefore, not wanting to pay his supplies. The boss of this new manufacturer should pay the initial price of all the supplied goods, and this is because procurement management follows a particular order of which he might have ignored at some point. 

Some steps are followed when making orders first being planning on how one will do it, and next is by sending out the contract requirements to the sellers (Del Río, 2017). When this happens, they bid the chance to work with you, and of which, when work begins, one should be there to monitor it. Thus, making sure that the contract is being followed by which the boss in this manufacturer ignored. The boss should also be aware that during times when economic activity is high in a region, many suppliers always become bust whereby stretching their resources. 

Loan and File for Bankruptcy 

Banks' survival depends on money lending, whereby the interest generations keep the business at a move. Banks are regulated and therefore do not operate on free will. Borrowing money and fail to pay can put one's business at risk, but there are always ways of working this out. It should be noted that if one fails to pay the bank loan, then he or she should be ready to face the enforcement late payment fees. If the manager wants to file for bankruptcy, then Chapter 7 should be applied because it is identified as a bankruptcy liquidation since it discharges most of one's unsecured debt. To qualify for Chapter 7 filing, a means test must be passed. This deals with the financial record review, including financial expenditure, secured and unsecured debt (Chen, 2017). One should also qualify under State-varying income limits. This could be of great importance to the restaurant owner, therefore, freeing him from pressure if he qualifies. 

Non-competition 

Most business people enjoy monopoly since it is a great economic state, and therefore they will work hard to ensure that they control the business by themselves. A    non-competition agreement    is an engagement between employees and employers in which employees agrees not to enter into competition with employers by running the same business. A non-competition agreement does not last forever, meaning that an employer must be reasonable on time agreement. Fair competition can be between 6 months and two years, and of time chosen by the employer depends on the type of work and the industry (Huang, 2019). As a businessman wanting to have a non-competition agreement for seven years to upset the employee, then he or she should look and apply the reasonable terms thus like six months or two years after which there should be renewal over the same. One must also ensure the salary paid should be in approximation with the income of the business and work did. 

References 

Chen, D., & Zhao, J. (2017). The impact of personal bankruptcy on labor supply decisions.  Review of Economic Dynamics 26 , 40-61. 

Del Río, J. D. P. (2017). Driving an Effective Competition in the Procurement Process for Pharma Infrastructure Projects in Developing Regions in Africa. 

  Huang, H. Y. (2019). Massachusetts Noncompetition Agreement Act: A Rose of a Different Color.  Suffolk J. Trial & App. Advoc. 25 , 109. 

Simon, T. (2020). Why Employers Should Care About Their Employee Caregivers.  Benefits Quarterly 36 (1), 32-35. 

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