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Should the EEOC prevail in its lawsuit, one has to wonder what the value of severage and retirement agreements as well as packages exchanged for signing them would be to a company since they offer no guarantee that they will prevent lawsuits. Therefore, the outcome of this lawsuit could have broad implications for company layoff and retirement policies.
Further, companies should expect more age discrimination lawsuits even if they believe they have followed the law. This is inevitable given the increasing need for layoffs caused by the recession along with an aging workforce, many of whom want to stay employed past the traditional retirement age. The number of older workers wanting and needing to work full or part time is likely to grow in the face of longer life expectancy,...
Plus, there'a huge pool of retired employees who currently wish to return to work because the huge economic downturn has unexpectedly wiped out all of their retirement savings.
Relevance to course material, other observations and comments: Course material has clearly explained ADEA and the consequences and costs of not following discrimination laws. However, given the aging workforce, more investigation of unique real-world challenges it presents and the appropriate policies to react to those challenges would be extremely useful. For example, this article about the lawsuit against at&T highlights if a company should even encourage early retirement in today's environment where age discrimination lawsuits are surging.
business2community.com/social-media/2012s-ten-worst-social-media-Disaster-0370309 Using contemporary illustrative examples from academic literature and reputable business publications, discuss the concept of "Social Business" and the resultant opportunity and challenges that are currently being faced by the retail industry globally. Concept of Social Business Concept of Social Business with Retailers Social Media and Retailing Best Practices in Administering Social Media There is a growing body of research that confirms that companies of all sizes and types can realize a wide array
Companies such as XYZ Widget Corporation are well situated to take advantage of burgeoning markets in developing nations, particularly in Asia and Africa. 2. XYZ can grow its business by expanding its operations to certain developing nations in ways that profit the company as well as the impoverished regions that are involved, particularly when marketing efforts are coordinated with nongovernmental organizations operating in the region. 3. Several constraints and challenges must
Wireless Broadband Technology Overview of Wireless technology Presently it is quite evident to come across functioning of a sort of wireless technology in the form of mobile phone, a Palm pilot, a smart phone etc. With the inception of fast connectivity in the sphere of commerce it is customary and useful to operate from central locations communicating with the remote branches, conducting conferences in remote places, discussing with every body at every