Proposals should be based off the assumption that you are working for a medium sized business with 200 employees in an area you are familiar with. The business consists of 130 full time employees and 70 part time employees. The business is a service business. The employees are all non-union. The business has experienced some financial challenges the past few years, but has not had to reduce its workforce. However, wages have been frozen the past two years. Your company is experiencing a 20% increase in health insurance rates. Put together a proposal for your boss on how you plan on communicating these increases to employees so they understand why the increase is so large. You can also propose other options to help control these increasing costs. You also may want to propose a program to encourage the employees to lead a healthier life style to possibly impact future increases.
Proposals should be based off the assumption that you are working for a medium sized business with 200 employees in an area you are familiar with. The business consists of 130 full time employees and 70 part time employees. The business is a service business. The employees are all non-union. The business has experienced some financial challenges the past few years, but has not had to reduce its workforce. However, wages have been frozen the past two years. Your company is experiencing a 20% increase in health insurance rates. Put together a proposal for your boss on how you plan on communicating these increases to employees so they understand why the increase is so large. You can also propose other options to help control these increasing costs. You also may want to propose a program to encourage the employees to lead a healthier life style to possibly impact future increases.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
Proposals should be based off the assumption that you are working for a medium sized business with 200 employees in an area you are familiar with. The business consists of 130 full time employees and 70 part time employees. The business is a service business. The employees are all non-union. The business has experienced some financial challenges the past few years, but has not had to reduce its workforce. However, wages have been frozen the past two years.
- Your company is experiencing a 20% increase in health insurance rates. Put together a proposal for your boss on how you plan on communicating these increases to employees so they understand why the increase is so large. You can also propose other options to help control these increasing costs. You also may want to propose a program to encourage the employees to lead a healthier life style to possibly impact future increases.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.