Main place of work Essay Example for Free

Main place of work Essay Three key points of legislation that affect employers in a business are: 1. Health and safety at Work Act 2. National Minimum Wage Act 1998 3. Pension 2b) List three key points of legislation that affect employees in a business environment. Three key points of legislation that affect employees are: 1. Data Protection Act 1998 2. The Equality Act 2010 3. The Working Time Regulations 3. Identify a range of places where a person can find information on employment rights and responsibilities. You should identify at least two internal and two external sources of information. Internal sources of information: 1. Terms of employment contract 2. Organisation policies and procedures 3. Informed college 4. Line managers 5. Trade union representatives External sources of information: 1. Citizen Advice Bureau 2. ACAS (Conciliation and Arbitration Service) 3. Government agencies 4. Libraries 5. Legal professionals 4. Describe how representative bodies can support employees. Representative bodies are organisations that represent the interest and rights of the employees. They can offer support to employees by negotiating pay and terms of employment and providing information, consultation and legal services. They also can help employees with pensions and collective redundancy issues. 5. Briefly describe employer and employee responsibilities for equality and diversity in a business environment. You should give at least two employer responsibilities and two employee responsibilities. If possible, provide relevant equality and diversity procedures from your workplace (or place of study) to support your answer. These documents should be annotated to highlight the relevant sections. The employer has the responsibility to develop and apply policies and procedures reflecting equality and diversity latest legislation, make sure that the line managers promote fair treatment and train the employees in equality and diversity topics. The employees responsibilities are to understand and respect the policies and procedures of the organisation regarding equality and diversity and respect others regardless of disabilities , ethnicity, gender etc.

Gift and Novelty Economics Forecast :: essays research papers

Economic Forecasts The retail consumer market must take into consideration many indicator forecasts that help estimate what the economic market will be like for the future. The following information contains two or more forecasts based on our teams six pre-selected indicators. This team will provide reconciliation between both forecasts and will apply economic theory in deciding which one may be the most relevant to the gift and novelty industry. GDP Information retrieved from the Economist Intelligence Unit Data Services (2005), the GDP (in billions) is expected to be 13034.5 in 2006 and 13766.2 in 2007. However, according to the data retrieved from the Blue Chip economic indicator, the forecasted GDP (in billions) is 12907 for 2006 and 13617 in 2007 (The White House, 2005). Foreign investment is a factor that is increasing the overall GDP. Over a period of time this will eventually bring higher gross domestic investments, resulting in more productive physical capital in the U.S economy. The additional capital will make labor more productive, which provides an increase in GDP and wages. Based on this information, it is thought that the EIU forecast is more correct than the Blue Chip indicator. Unemployment Unemployment is another area that can affect this industry. Data retrieved from the Economist Intelligence Unit (EIU) projects that the unemployment rate in 2006 will be at 5% (Economist Intelligence Unit, 2005). Data derived from the Blue Chip consensus indicator, however, projects the unemployment rate for 2006 will be at 5.2% (The White House, 2005). By taking into consideration many outside indicators, such as the GDP—that show a slow but constant growth, will allow private investment to remain constant. This will encourage private industry to maintain their employment at a constant level. In understanding what this nation faces in the near future, this team recognizes that many of the Baby Boomers will retire, which reinforces the premise that unemployment will eventually stay at or fall below 5 %. Housing Starts Housing starts seems to be one of the most visible in regards to economic growth. Based on the analytical tables provided by National Association of Home Builders (NAHB) and Steele Analytics, 2005 and 2006, housing starts will decline slightly. NAHB shows that 2005 housing starts (in thousands) at 1,969 decreasing in 2006 to 1,855 (NAHB, 2005). Steele Analytics also shows housing starts (in thousands) for 2005 start at 1,883 with a slight decrease in 2006 to 1,825 (Steele Analytics, 2005). It

Balance Sheets and Income Statements Essay

Patient privacy in any medical facility is not only a right, but a law which was passed by the United States congress in 1996. The law provides the ability to transfer and continue health insurance coverage for Americans when the change or lose their jobs, reduces healthcare fraud and abuse, mandates industry wide standards for health care information on electronic billing, and requires confidential handling of protected health information. The confidentiality is the portion which medical staff and their business associates develop and follow procedures that ensure the confidentiality and security of PHI, protected health information. California Department of Health Care Services, 2012) Many medical facilities and pharmacies throughout our country fail to comply with these HIPAA regulations and through neglect or fraudulent activity compromise a patient’s personal health information. Channel 13 in Indiana did an investigation on pharmacies throughout our nation which discarded prescription labels, pill bottles, and patient information sheets with patient’s personal information into their unsecured dumpsters around Boston, Chicago, Cleveland, Dallas, Denver, Detroit, Miami, Louisville, Philadelphia, and Phoenix. When prescriptions are dropped off, electronically transferred, or called into a pharmacy, patients assume their personal information is guarded and protected. The information given to the pharmacy consists of the patient’s address, telephone number, date of birth, prescribing doctor, social security numbers, and the type of medication on record. This is a violation of federal law. â€Å"Putting protected health information in a dumpster that is accessible to anyone is clearly not an example of a reasonable safeguard,† said Susan McAndrew, senior advisor with the U. S. Department of Health and Human Services’ Office of Civil Rights. (Segall, 2012) Of course there were steps implemented by management to remedy the problem. The manager of Walgreens now requires all dumpster to be locked at all times. Another Walgreen’s manager suggested placing all general trash in a quarantine area to be checked for patient information, sealed, signed and dated by the inspector, and then taken to the dumpster. A CVS manager proposed having a designated area in the store to store pharmacy trash bags until they are delivered to a regional warehouse for proper disposal. (Segall,2012) Some stores may have high turnover rates or poor training, which causes a breakdown in policy and procedure methods. Removing any identifiable information from the prescription bottles before discarding them would have made a difference. Shredding any identifiable information before placing it in the dumpster would have also been sufficient. The managers of these pharmacies have to review the policy and procedures on customer’s privacy rights and how to properly discard their personal information. Each state has a pharmacy board that has rules regarding how to protect patient information; the manager will need to refer to those rules and give additional training to the employees. It is proper to have a representative from an outside company for training on HIPAA and privacy regulations. The author and interviewer spoke with a homeless man who stating he views the content of the dumpster as a means of income. The homeless man sells items he finds in the dumpster to make money. Identity theft is an increasing problem in our society. Identity theft is a crime. Patient’s personal information can easily be sold to a criminal, who can apply for credit and make purchases using the patient’s stolen information. The Golden Rule is to treat people how you would want to be treated. The public should never have to think twice that a professional company would be such lack of concern about their personal information. Elderly people are more likely to have multiple prescriptions and on a consistent basis and the pharmacy discarding their personal information can lead to identity theft. Elderly people are less likely to check or investigate any type of inconsistencies or new entries on their credit report. If the person is applying for any type of credit after theft has happened, this can cause a denial from banks. Insured customers may xperience fraudulent use of the prescription or medical insurance information. This could cause denial of coverage at any point. This could have a huge impact on their lives and it is up to the professionals in these pharmacies to prevent this from happening. The article also told the story of a burglary after a thief found an address from the dumpster of one of their customers. This could be devastating and even fatal if these addresses are obtainable by criminals. Ethically, these pharmacies were incompetent in the way they decided to destroy these records. There is no excuse for this based on the fact they are looked upon as a professional organization and incompetency should not be an excuse. You have a duty as a physician to respect the patient’s trust and keep this information private. Protecting a customer’s confidentiality is about respect. It is the professionals’ duty to respect the customer’s information by restricting access of others to this information. Creating a trusting environment is extremely important. Maintaining confidentiality and respect for the privacy of others is ethically correct and expected in this type of organization. Discarding this personal information is not only ethically wrong, but legally wrong. This is referred to as a breach and fines are applicable in this case. In 2005, the U. S. Department of Justice clarified who could be held criminally liable for violating HIPAA regulations. This violation of placing patient information in the dumpster would fall under the â€Å"HIPAA violation due to willful neglect but violation is corrected within the required time period†. This fine can range from $10,000 to $250,000 annually for repeated violations. American Medical Association, 2012) Violating HIPAA regulations is a federal law and offenses are considered a felony. The fines imposed can be devastating, but there are cases that jail time is required. CVS’s breach in HIPAA regulations were taken up by The Federal Trade Commission and were fined $2. 25 million dollars. According to the complaint, CVS Caremark did not implement reasonable policies and procedures to dispose securely of personal information and did not adequately train employees. (Federal Trade Commission, 2009) It is an organizations responsibility to keep all their employees trained on HIPAA compliance.

Creative Accounting - 1022 Words

Creative Accounting Creative accounting is a term that often implies illegal or fraudulent practices in the U.S. (Moneyterms, 2006). The objective of the following paragraphs is to explore some definitions of creative accounting from different perspectives, discuss some advantages and disadvantages of creative accounting, and explain a real life example of creative accounting. Through these paragraphs I hope to also touch upon some of the ethical issues involved in engaging in creative accounting practices. Definitions of Creative Accounting From Different Perspectives Blake (1998) provides four definitions of creative accounting provided from different perspectives. The first perspective was written by a business journalist: â€Å"Every†¦show more content†¦Many other disadvantages could arise through the use of creative accounting as well. Real Life Example of Creative Accounting When businessmen hear the name Bernard Madoff, some of the things that come to mind are liar, swindler, scandalous, manipulator, creative accountant, and many more. Some may even think of Bernard as a genius as he pulled off the largest creative accounting scheme in U.S. history, and recently pleaded guilty to his actions (Glovin, 2009). Basically, Madoff was able to secure billions of dollars of investment funds money from his clients by paying those that withdrew money with money from clients that were new to deposit money in to funds. Clients would happily keep their funds invested with Madoff because he would report large profits to the investors, even though he was taking the money, but the investors felt secure with the reports given to them that showed the false numbers. â€Å"They were blinded by the fees they were earning.† said William Glavin, according to Glovin (2009). 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