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Module 2 - Activity 1 (ETHICS)
Module 2 - Activity 1 (ETHICS)
Module 2 - Activity 1 (ETHICS)
2. Assuming the following numbers, solve for the Separation Pay, Monthly
Carrying Cost, and
Payback Period:
300 employees
Average length of service is 10 years
Average monthly pay is P23 000
Fringe Benefit cost is 20% of the basic pay
3. What do you think is the reason why outplacement for laid off employees
should be away from company headquarters?
Maybe because it can cause anxiety and it can lower the confidence of the
employees, because they will think they are not good enough and they will also
start to questions their capabilities. Due to this, they will teach the employees
how to hold grudges, of course those employees who are terminated will feel
angry towards the company.
Of course, the employees need reasonable explanations from the company of all
people why he/she would be terminated.
5. Suppose you have to choose who to lay off between an employee who is
about to retire and a new employee who shows significant potential. What
would be your considerations in choosing the person to lay off? Who will
you choose to layoff then?