Collective bargaining occurs when representatives of a labour union meet with the management representatives to determine employees’ wages and benefits, to create or revise rules, and to resolve dispute or violations of the labour contract.
The industrial Relation Act, 2012 was released on 7 March 2012. It is spread over 91 section with supporting two schedules and summarized in ten chapters.
Retrenchment is something akin to downsizing. when company goes through retrenchment, it reduces expenditures in an attempt to become more financially solvent.
Corporate downsizing is the process of Reorganizing a company structure in a manner that brings about layoffs of a potion of the company’s work force.
It may be due to economic downturns or business loss
Collective bargaining occurs when representatives of a labour union meet with the management representatives to determine employees’ wages and benefits, to create or revise rules, and to resolve dispute or violations of the labour contract.
The industrial Relation Act, 2012 was released on 7 March 2012. It is spread over 91 section with supporting two schedules and summarized in ten chapters.
Retrenchment is something akin to downsizing. when company goes through retrenchment, it reduces expenditures in an attempt to become more financially solvent.
Corporate downsizing is the process of Reorganizing a company structure in a manner that brings about layoffs of a potion of the company’s work force.
It may be due to economic downturns or business loss
Strike and Lockout - Legal and illegal strikes and lockouts,
Justified and unjustified strikes and lockouts, Strike and lockout in public utility services and other industries, Distinction between
lockout and closure, strike and lockout.
Hand written Notes of auditing:-
1) Auditing and its objectives
2) Audit plan and its characteristics
3) Internal check advantages/ disadvantages?
4) Vouching and its objectives?
5) Auditors and its provisions?
Lay-off and Retrenchment –difference between lay-off and
Retrenchment their application, necessary preconditions for their
application, lay-off and retrenchment compensation, special
provisions relating to lay-off, retrenchment, and closure in certain establishments, penalty, and punishment for illegal lay-off or retrenchment, the consequences of illegal lay-off or retrenchment.
Strike and Lockout - Legal and illegal strikes and lockouts,
Justified and unjustified strikes and lockouts, Strike and lockout in public utility services and other industries, Distinction between
lockout and closure, strike and lockout.
Hand written Notes of auditing:-
1) Auditing and its objectives
2) Audit plan and its characteristics
3) Internal check advantages/ disadvantages?
4) Vouching and its objectives?
5) Auditors and its provisions?
Lay-off and Retrenchment –difference between lay-off and
Retrenchment their application, necessary preconditions for their
application, lay-off and retrenchment compensation, special
provisions relating to lay-off, retrenchment, and closure in certain establishments, penalty, and punishment for illegal lay-off or retrenchment, the consequences of illegal lay-off or retrenchment.
Economic and government policies – United Kingdom – June 25, 2016paul young cpa, cga
GDP Growth
Trade
Canada and UK Trade
GDP / Sector
Debt to GDP
Deficits/Surplus
Business Taxation
Payroll Taxes
Foreign Direct Investment
Banking/Financial Services Sector
Government
'Social Security'
First Known Use of SOCIAL SECURITY
1908
A United States federal program of social insurance and benefits developed in 1935. The Social Security program's benefits include retirement income, disability income, Medicare and Medicaid, and death and survivorship benefits. Social Security is one of the largest government programs in the world, paying out hundreds of billions of dollars per year.
Based on the year someone was born, retirement benefits may begin as early as age 62 and as late as age 67. The amount of income received is based on the average wages earned over the worker's lifetime, with a maximum calculable amount of $102,000 as of 2008. Spouses are also eligible to receive Social Security benefits, even if they have limited or non-existent work histories.
social security
noun
: a program in which the government provides money to people who are unable to work because they are old, disabled, or unemployed
: a program in the U.S. that requires workers to make regular payments to a government fund which is used to make payments to people who are unable to work because they are old, disabled, or retired
: money that is paid out through a social security program
Full Definition of SOCIAL SECURITY
1
: the principle or practice or a program of public provision (as through social insurance or assistance) for the economic security and social welfare of the individual and his or her family; especially capitalized both Ss : a United States government program established in 1935 to include old-age and survivors insurance, contributions to state unemployment insurance, and old-age assistance
2
: money paid out through a social security program <began>
See social security defined for English-language learners »
See social security defined for kids »
Examples of SOCIAL SECURITY
1. She is living on social security.
2. He began collecting Social Security checks.
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