Saturday, December 28, 2019

Essay about Choosing a Right Career Path - 794 Words

Choosing a right career path can be tough. Especially, when the parents are involved. Parents want their children to have a better life in the future so they want their children to be educated. When they are successfully graduate from the college they can get a high paying job and earn much more than their parents. However, does everyone listen and follow their parents’ decisions about the career? What happen if kids didn’t want what their parents told them to do? Is there a compromise and or one side needs to give in? It was a tough decision for me too. There was a lot of pressure on me. I was hesitated and somehow worried when my parents were involved, but I knew what I want for my career. It was the last summer I spent with my high†¦show more content†¦My explanation somehow did not work well. I started struggling between my career and my father’s â€Å"career†. Before it was too late to decide my major, I gave a chance for myself and picked so mething related to my future career. Before I told my parents I had decided to be a graphic designer, I did a little research on the job. It was good, but required lots experiences to get in a decent game company like Riot. But I did not stick with one job. I also heard of 3D modeling, programming and animation were good choices for me and I liked them too. I decided to go to City Tech College for four years education in Emerging Media major and I hoped I could get a job I like to do. According to the article â€Å"As Income Gap Widens, New York Grows Apart† written by James Parrott, college educated young workers’ earning has fallen 6% since 1990. And it’s false that those who pursue higher education and skills can get a higher economic reword. Everything is competitive now; the value of education does not count toward our future income earning. I realize that even if I graduated from the college there was higher chance I would not have a job or a job that I di d not expect and paid very low. However, I do like what I do right now in my major class. I think if you did what you want and be happy with it, it doesn’t matter how low you get paid you still fulfill in your life. After exploring some my major classes in my first semester inShow MoreRelatedThe Job Position Of Market Research Analyst Essay760 Words   |  4 PagesCareer Paper When perusing a career in the marketing I would definitely be interested in the job position of market research analyst. This job has multiple career path outlooks and according to the (U.S. Bureau of Labor Statistics) ‘Market researchers are expected to soar in coming years.† The reason for this soaring rate is the way business want to compete with each other to advertise their brand. All companies need an economic and systematic way of accomplishing this goal. With knowing this itRead MoreChoosing a College Course1637 Words   |  7 PagesWhat Are The Factors To Consider in Choosing A College Course? (Rudy John H. Atinaja) Introduction Many students find it difficult in choosing what course to take in college. For seniors or graduating high school students, the pressure goes higher as the end of their term is coming because the time is running and decreasing for deciding what course they will take. Choosing a course is really a hard decision to make. Your future depends on it and the decision you will make would determine what lifeRead MoreResearh Proposal on the Benefits of Private Accounting741 Words   |  3 Pagesbenefits of Private Accounting. Moreover, the factors affecting the career paths of these students are also expected. This study is not only useful for the researchers but also for the respondents for them to gain a better understanding of their course and Private Accounting. This study is intended to find the benefits of Private Accounting and its effects on the career paths of Accountancy students of De La Salle Lipa. Different career opportunities lies in the practice of Private Accounting, suchRead MoreThe Path1046 Words   |  5 Pagesfor it†. Right then and there I decided what I wanted to be, and what I wanted to become. I went from the little child with the Yankee cap on his head to a grown man who could sit at a bar and talk about sports for hours and make sense. This brings me to my question how does one know what career is right for one? We seem to think that choosing the right career is an easy task. As a elementary student we are taught to set goals that predefine what we will be when we grow up. Those careers appearedRead MoreReport On The Field Of Business Management Essay1217 Words   |  5 PagesWhat Is Business Management All About? Introduction Business management is a very broad field of choice which gives people the opportunity to choose from many careers options. This particular field trains one for roles as managers in many sectors such as education, retail, technology and more. 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Choosing a career can be simply defined as the leading decision that one takes at aRead MoreCollege : Is The Juice Worth The Squeeze?1302 Words   |  6 PagesCollege: Is the Juice Worth the Squeeze? Many students face internal battles during their college careers; sleepless nights, studying for exams, constant social issues, and the fear of not having a definitive career path. This all leads to the questions â€Å"why am I here†? â€Å"What is the true purpose of college?† Many writers have described these struggles in great detail. They feel the reward for overcoming these struggles is intellectual growth. This growth is achieved by challenging themselves

Friday, December 20, 2019

Causes And Consequences Of The Great Recession - 1589 Words

CAUSES AND CONSEQUENCES OF THE GREAT RECESSION The most recent four years of the turbulent financial execution brought up a larger number of issues than gave answers about reasons for the Great Recession of 2008-2009. Most business analysts are faulting the land business sector breakdown and the tailed it budgetary emergency as fundamental driver of the Recession. Be that as it may, the genuine macroeconomic reason was the change of the national macroeconomic approach from the Demand backing to Supply bolster methodology amidst 1980s. In this article I am going to discuss the reasons of the Great Recession and its results. The monetary methodology before 1980-s has been based on the thoughts of the full job and the wages development as the consequence of the development of profitability. The full vocation and the wages development have empowered the increment in the interest for merchandise and administrations. That development has affected the increment in the supply and has invigorated the organizations to put into new innovations encouraging the further development of efficiency. The stagflation of 1970-s truly harmed this methodology. In 1980-s the Keynesian model of the monetary development, which depends on the backing of the development of Aggregate Demand, has been supplanted by the neo-liberal model of financial development based upon the backing of the development the Aggregate Supply. Increment sought after as it takes after from the establishedShow MoreRelatedWall Street : The Great And Powerful Financial District Of The World1407 Words   |  6 Pages Wall Street is the great and powerful financial district of the world. With that statement being true Wall Street isn’t perfect. Wall Street has faced many problems throughout its existence as recessions and depressions came into play and single handedly pushed America into a financial crisis. As early as 1929 till as recent as 2008 recessions still occur and throughout the existence of Wall Street they will never stop existing. The argument of whether or not a recession could be predicted is aRead MoreThe Beginning Of The Great Recession1392 Words   |  6 Pagesa. The Beginning of the Great Recession The definition of a recession is this: a significant decline in general economic activity, typically involving two consecutive quarters of decline in gross domestic product (GDP). In December of 2007, the American economy experienced an event of this nature—the Great Recession. This global financial crisis stemmed from what seemed like an isolated disturbance within the subprime US housing market but transformed into a catastrophic event. The GR officiallyRead MoreBailouts Effect on Economy770 Words   |  3 Pagesand their effects on the economy to ensure informed decisions in the future on whether or not banks should be allowed to fail. A bailout is the process of offering money to a failing business, often in the form of a loan, in order to prevent the consequences of that business going bankrupt. The most well known type of bailout is when the government bails out a company but that is not the only kind of bailout. It can be an individual bailing out a company, a company bailing out another company or evenRead MoreGlobal Financial Crisis : Its Causes And The Global Responses Essay1592 Words   |  7 PagesAssignment topic: Global financial crisis: its cause and the global responses Introduction The global financial crisis or economy crisis is commonly believed to have begun in July 2007 with credit crunch, when a loss of confidence by the US investors in the value of sub-prime mortgages caused a liquidity crisis. On the other hand, due to the big changes that took place over the last 20 to 30 years in the worldwide economy and the influence of 2007 financial crisis, it has re-emerged as one of theRead MoreAmerica s Greatest Challenges Today American Citizens1011 Words   |  5 Pageschallenges. No matter the issue, there will be consequences as a result. A great issue as voted by most Americans is believed to be the high percentage rate of unemployment. Unemployment is a distressingly bad aspect, and unfortunately it is a daily normality and struggle for most individuals. There are a plethora of reasons why unemployment is intensively high; frictional, structural and voluntary unemployment for example, serve as major purposes to the leading cause of high unemployment. 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This 44 month period helped the economy expand, and furthered the strength of the country. It also furthered the confidence of American businesses and the government which contributed to the attitude that caused overconfidence and helped to spread the Great Depression. When World War I ended in 1918, it had many unforeseen economic consequences. Despite a stableRead MoreEconomic Recession1290 Words   |  6 PagesEconomic Recession of 2007 William Mwangi Class title and section Professor’s name Due date of Assignment: 26th August 2011. William Mwangi Economic crisis Class Professor’s name 24th August, 2011. Economic Recession of 2007: What caused it and what were the after effects? Can we predict another major recession? Thesis Statement: Although the recession that dates back in 2007 is still long and deep and surely has shown some recovery, the potential that it will completelyRead MoreUnderstanding the Economic Recession in America Essay1165 Words   |  5 PagesThe economic recession of the late 2000s has been called the greatest economic downturn our country has faced since the Great Depression. American businesses and banks are failing, foreclosures are spreading like wildfire, and unemployment numbers have reached double digits. Under our current president, many are optimistic, but many others are fearful for the future. Economists have different speculations regarding the causes of the â€Å"Great Recession†. Some blame it on higher prices for necessitiesRead MoreThe Success Of The Great Recession1375 Words   |  6 PagesThe Great Recession which lasted from 2008 to 2010 is often regarded as the greatest economic crisis since the Great Depression which took place during the 1930s. T he causes of both crises can be said to be similar as both lie in the actions of the federal government. While the crash of the stock market in 1929 is said to be one of the major causes and sometimes even the main cause of the Great Depression, there are also other circumstances that led to this economic crisis. Bank failures during the

Thursday, December 12, 2019

Labour Law Independent Business

Question: Discuss about the Labour Law for Independent Business. Answer: 1. Is Maisy an employee or another type of worker Issue Maisy had been hired by Technicalities Ltd., a labour hire company. After hiring Technicalities Ltd. placed Maisy with Innovative Storage (IS), who is a client of the Technicalities Ltd. Rule It is known that an employee is a person who has been hired by a company to provide service to that particular company on a regular basis in exchange for a monetary consideration and does not provide any such services on behalf of any independent business. The contract for the employment can be either in express or implied form, written or oral with all the rights and duties mentioned in it (Fairwork, 2016). There is a contract between the Technicalities and Maisy at the time of hiring her which consists of the duties and obligations of the parties to the contract. The control test can be used in this case. It is the case where by using common law rules, it can be determined whether any relationship between the worker and the concerned firm exists or not. Under this test, the employer possesses the right to direct the employee for what to do, and where to do the job. To understand the whether a person is an employee or an independent worker, it is better to take a multi factor test. The factors that are included in this test are: Control over the task performed- if controlled by the company, it is an employment. Tools ownership- if owned by workers, than it is independent contractor Wages paid- if paid as per task indicates independent worker Work hours- the standard hours determines employment Duration of contract- if unknown indicates employment Freedom of working for others indicates independent contractor. Tax deduction by the employer indicates employment Ability to delegate work indicates independent contractor. Liability for own work indicates independent contractor. Application In this case, Maisy is an employee of the Technicalities Ltd. This is because; she has been hired by the Technicalities Ltd. to provide services to the company. The service that she has to provide is to work for the client that the Technicalities have been providing to its employees. It is, therefore, determined by the control test that Maisy is the employer of the Technicalities and there is a relationship of employer and employee existing between her and the said firm, and also the concerned firm has placed her with the IS and directed her about the work she has to do and all. This can be made more specific by applying the multi factor test. Maisys work is control by the company that indicates employment. The tool used by her is owned by the company. Duration of the contract between her and Technicalities is also unknown which leads to employment. She did not even have the authority to delegate any work. Therefore, she is an employee. There are also some facts that state that she i s an independent worker as she herself is paying the tax. But there is nowhere mentioned that she is paid as per the work like an independent contractor. Conclusion Maisy is an employee of the Technicalities Ltd. and she is bound to provide services according to the work given to her by Technicalities. She may be confused with an independent contractor as an independent contractor get paid as a freelance as per the completion of the task. An independent contractor take the liability of own work and has the authority to delegate work. Maisy does not have any such right. Hence, she is an employee of Technicalities Ltd. Assuming Maisy is an employee, who is Maisys employer, Technicalities or IS? Issue Technicalities asked her to register an Australian Business Number as it is required by them to pay her a flat hourly rate for all the hours she has been working by not infringing any laws about the penalty rates. Although she worked according to the direction as given by the Innovative Storage on a daily basis, Technicalities was paying her for the work. Rule Any organization, government entity, agency, institution, company, small business, professional services firm, nonprofit association, stores or individual who gives employment to any person to work for that particular place is called an employer. In exchange of the work or services provided by the employee to the organization, the employer pays consideration to the employees which may include salary, an hourly wages and all other benefits that the employees have the right to get. The employers also offer the employees a complete package of benefit like health insurance, leaves etc. Application Here in this case, the Technicalities Ltd.is the employer of Maisy. This can be found in the case itself that Technicalities Ltd is the company who is hiring her to work for them. The Technicalities pay her with a flat hourly rate of payment for all the hours she is working. Therefore, it is clear from the statement that the Technicalities is paying the salary to Maisy. Although she was asked to work with the Innovative Storage and was working as an independent contractor, Technicalities was paying the salary. Therefore, the Technicalities Ltd. is the employer. Conclusion It is known that any organization or agency, or institution gives employment or hires any person for doing the work as prescribed by the organisation, it is called to be an employer. The Technicalities is a labour Hiring company, it has hired Maisy and was placed with Innovative Storage, which is the prescribed work for Maisy by the Technicalities. Therefore, the Technicalities Ltd is the employer in this case. Assuming Maisy is an employee, has Maisys employer breached any contractual duty owed to her? Issue Maisy had an accident in the workplace as she happened to be slipped and fell down from some stairs while carrying some office equipment, due to spill. She had got injuries and took two weeks off and the medical expenses were reimbursed by the Innovative storage as asked by her. She applied for a job but did not get any information regarding the position by the IS. Rule The Fair work Act 2009 and the Fair Work Regulations 2009 are the legislations that govern the employee and employers relation in Australia (Austii, 2016). This case is also governed by the Fair Work Act 2009 (Legislation, 2016). The employers are bound to follow the National Employment Standards (NES) which has also been mentioned in the Fair Works Act, (Legislation, 2016). The National Employment Standards are the 10 minimum employments that should be provided to all the employees by the employer. The 10 National employment standards entitlements are: Maximum weekly hours Requests made for flexible working arrangements. Parental leave and related entitlements, (Ieuvictas, 2016). Annual leave Personal or careers leave and compassionate leave Community service Leave (Awu, 2016). Long service Leave Notice for Termination and redundancy, (Fwc, 2016). Public holidays (Fairwork, 2016). The employer should provide Fair Work Information Statement which can be avail from the Fair Work Ombudsman to all the employees who are new comers to the organization. The Work Information Statement contains all the information about the- Modern awards Agreement making The National Employment Standard Workplace rights and freedom of association The right of entry The termination of the employment Individual flexibility arrangements Any transfer of business The role of the Fair Work Ombudsman The Role of the Fair Work Commission (Fwc, 2016). But in this case only the entitlement of getting the annual leave, medical expense, redundancy and the duty of care is applicable. Annual leave- an employee is entitled to get an annual paid leave for up to four weeks and an additional leave for a week as requested by the employee. Medical expense- the employers are bound to take care of the health and safety of all the employees. The employers have the obligation to take care of the medical expenses and provide all the facilities that is needed by any of the employee. Notice for termination and redundancy- for terminating any employee from the service, the employer should provide a notice of 4 weeks before the termination or redundancy. Any employee who is above 45 years of age or have provided service to the organization for more than 2 years should be provided with an additional week of notice including the four weeks. An employer is also liable to the duty of care. The duty of care is the term that is used in law of tort that indicates the condition when a person is liable. Duty of care is nothing but to take care and prevent a foreseeable harm that can cause to a person. It is also termed as Negligence in tort. If the claimant proves that the defendant has breached the duty of care by not taking any reasonable step to prevent the injury, the defendant will be liable to compensate the claimant. Application Here Maisy was not getting any paid leave even if she takes any sick leave or carers leave. The employer is bound to provide her with paid leave for four weeks in a year. The Technicalities Ltd. being the employer should look into the matter. The Technicalities should have followed the National Employment standards. But it is not following any standard. It is not even providing the Fair work Statement Information to its employee which is a breach according to the legislation of the Fair works Act 2009. She even paid the taxation for her salary and also contribute for the superannuation. But this is the responsibility of the employer to provide the superannuation. The Innovative Storage is also responsible as they have not provided any kind of information regarding any application made for any other position. Though they have paid her for the lack of information, she was not getting any further work by both the Innovative storage and her employer the Technicalities ltd. Before the red undancy made by the Technicalities, the employer should have provided Maisy with a notice for a period of four weeks prior to the redundancy. The IS and Technicalities are responsible for the breach of duty of care that has been caused to her. The IS should have prevented the harm and injury that has caused to Maisy as it was foreseeable and could have been prevented. The IS could have taken proper step to clean and mopped the oil properly so that no one slips from the stairs because of the oil. Conclusion Therefore, the employer has done breach contractual duty towards Maisy as no information regarding the pros and cons for applying for other position in the IS was provided in the contract of her employment by the Technicalities Ltd. and also a breach of duty of care has been done by the employer for which it is liable to compensate Maisy for the negligence which caused injury to her and she was forced to take leave for two weeks. Reference Austii. (2016). Fair Work Act. Retrieved October 19, 2016, from austii.edu.au: www.austlii.edu.au/au/legis/cth/consol_act/fwa2009114 Awu. (2016). National Employment standards. Retrieved October 19, 2016, from awu.net.au: https://www.awu.net.au/national-employment-standards Fairwork. (2016). Contractors and Employees. Retrieved October 19, 2016, from fairwork.gov.au: www.fairwork.gov.au Fact sheets Rights obligations FAIRWORK. (2016). Fair Work Ombudsman. Retrieved from fairwork.gov.au: https://www.fairwork.gov.au/Dictionary.aspx?TermID=2027 Fairwork. (2016). National Employment Standards. Retrieved October 19, 2016, from fairwork.gov.au: https://www.fairwork.gov.au/Dictionary.aspx?TermID=2027 Fwc. (2016). Fair work commission. Retrieved October 19, 2016, from fwc.gov.au: www.fwc.gov.au About us Fwc. (2016). National Employment Standards. Retrieved October 19, 2016, from fwc.gov.au: www.fwc.gov.au Minimum wages conditions Ieuvictas. (2016). The National Employment Standards. Retrieved October 19, 2016, from ieuvictas.org.au: www.ieuvictas.org.au/files/8613/4214/4413/nes.pdf PDF file Legislation. (2016). Fair Work Act 2009. Retrieved October 19, 2016, from legislation.gov.au: https://www.legislation.gov.au/Details/C2014C00031 Legislation. (2016). Fair works Act. Retrieved October 19, 2016, from legislation.gov.au: https://www.legislation.gov.au/Details/C2012C00483