Employee Benefits Essay Example | Topics and Well Written Essays - 1500 words

Employee Benefits - Essay Example In 1998 and 2000, other revisions on worker remuneration were effected. There was a proposition in 2002 to modify employee share based compensation. Actuarial gains and losses concerning employee benefits were acknowledged in 2004. In 2007, ceilings were introduced into defined benefit assets and funding requirements. In 2009, the ceilings on defined benefit assets and funding requirements were published as exposure drafts and discount rate for employee benefits using market yield corporate bonds was proposed. IAS 19 final interpretations were also published in 2009. The objective of IAS 19 Employee Benefits is to provide guidelines to both business and non-business organizations on how to measure, present and disclose the expenses of providing employee benefits. IAS 19 covers all known employee related expenditures. The employee benefits are expenses incurred by entities in exchange of services rendered by their employees. They include salaries and wages, profit sharing plans, compensated absences, leaves, deferred compensation programs, bonuses and free or subsidized good or services given to employees. It also covers various benefits paid to employees. The benefits are medical and life insurance benefits, pensions, house benefits, jubilee benefits, post employment medical and life insurance as well as termination benefits (Deloitte 2010c). IAS 19: Employee benefits suggest that organizations should acknowledge a liability or an expense resulting from consuming the service of an employee in the year in which the service was consumed. Therefore, IASB and IAS 19 recognize expenses incurred on the employee benefits on the year in which it occurred. The measurements, presentation and disclosures covers definite accounting period only. Measurement is defined as an action to obtain a magnitude of a given item or process. Therefore, employee benefits measurement is an attempt to assign value to what employees

Managerial Applications of Technology (Business Intelligence and Assignment - 1

Managerial Applications of Technology (Business Intelligence and Knowledge Management) 2 - Assignment Example The computational power increase enables more data handling, and faster response and resolution of the problems and queries. The two are mere advancements of the field of technology made possible through the business intelligence support system. The impact of these two functions is rapid delivery rates and increased participation of the employees in the working procedures. These three variables work in a complementing manner towards one another. The possible costs of this massive expansion could be the need for establishing maintenance costs. Training the employees to work on the state of the art technology based networks is another constraint. Possible appearance of bug in the network may be another cost and constraint (Levinson, Bell, & Liu, 2011, p. 194). More data nearly always means better decision making. Since it allows clear litmus like test of the performance, achievements and the dates and objectives missed in the quantitative terms. Hence it can be easily advocated for that the data expansion and using business intelligence systems always pays dividends in the form of improved performance, self assessment and better employees understanding (Quintero et.al, 2010). Donovan, F. (2013, Feb 20). Gartner: Microsoft, Oracle, IBM lead BI and analytics market. Retrieved from fierceenterprisecommunications: http://www.fierceenterprisecommunications.com/story/gartner-microsoft-oracle-ibm-lead-bi-and-analytics-market/2013-02-20 Levinson, D., Bell, M., & Liu, H. X. (2011). Network Reliability in Practice: Selected Papers from the Fourth International Symposium on Transportation Network Reliability. Springer Science & Business

Public health Essay Example | Topics and Well Written Essays - 500 words - 7

Public health - Essay Example The noxious smokes produced by gasoline grass mowers are toxic and very harmful to both the environment and to the populaces (Williams & Thompson, 2010). Reports on those fumes emitted by the use of the machine are certainly correct. According to the investigation carried out in 2001 by the Sweden, air pollution as a result of cutting grass for about one hour by use of gasoline mechanized mower is very high. The pollution is about the similar as that resulting from the 100 mile car travel. According to the American environmental guarding organization, 54 million citizens cutting their grass every weekend with the gas-powered machines might be adding as much as 5% of the county’s air contamination. It also outlined that a new gas motorized grass cutter machine release nitrogen oxide and organic compounds in one hour of work. The contamination is identical to that produced by 11 new vehicles that are compelled in one hour (Lamarre, 2004). The problem with the use of small engines contributes to large toxic waste challenges. Small engines are believed to produce disproportionately great amounts of volatile organic compound, nitrogen oxides and carbon monoxide that add to smog. The issue of the high pollution rates related to the use of small grass mowers is a controversial issue. The human health consequences of pollution-laden atmosphere have increased dangers of asthma attacks, inflammation and injuries to the lungs and lesser amounts of oxygen in the blood stream. The reduced amount of oxygen the bloodstream can worsen heart conditions leading to fatalities in the long run. Solution: the utilization of the gas powers is not the only alternative to minimize pollution. Eco-conscious clients looking for new machines should consider electric replicas that are currently available in the market. The electric model is most efficient and has less if not negative impacts on human health and to the surrounding (Lamarre, 2004). The

Bill of Rights Assignment Example | Topics and Well Written Essays - 250 words

Bill of Rights - Assignment Example s in the law courts, is forbidden by the law while, in South Africa, the law can impose any heavy fine on the offender according to the seriousness of the crime (Pederson, 2010). The United States should amend the law on protecting offenders from heavy fines because this encourages them to commit serious crimes because they are aware that no heavy fines will be imposed on them. In the United States, that cruel and unusual punishments should not be imposed on the offenders while, in South Africas law, there is a specification limiting any unusual punishments. The United States should change its view on the type of punishment because if someone has killed deliberately then he/she deserves heavy punishment including life imprisonment, which is not yet approved by the United States government (Pederson, 2010). People in South Africa may fear to commit crimes because of the fear of heavy punishments while people in United States may dare commit serious crimes because they are aware the law does not allow heavy

Statistics Problems Speech or Presentation Example | Topics and Well Written Essays - 500 words - 1

Statistics Problems - Speech or Presentation Example Ex: A market research to identify the buying behavior of the consumers in a particular market segment. As the research will have a budget constraint, it will be impossible to conduct the survey among the entire population. Hence a representative sample is selected to conduct the research. Ex: Research to identify a cure for a fast spreading virus, such as the influenza virus. It is essential to conduct a quick diagnosis with a few infected patients (rather than all the infected patients) to come up with a cure, so that the virus is contained from spreading. 34. Information from the American Institute of Insurance indicates the mean amount of life insurance per household in the United States is $110,000. This distribution follows the normal distribution with a standard deviation of $40,000. 32. A state meat inspector in Iowa has been given the assignment of estimating the mean net weight of packages of ground chuck labeled â€Å"3 pounds.† Of course, he realizes that the weights cannot be precisely 3 pounds. A sample of 36 packages reveals the mean weight to be 3.01 pounds, with a standard deviation of 0.03 pounds. 34. A recent survey of 50 executives who were laid off from their previous position revealed it took a mean of 26 weeks for them to find another position. The standard deviation of the sample was 6.2 weeks. Construct a 95 percent confidence interval for the population mean. Is it reasonable that the population mean is 28 weeks? Justify your answer. 46. As a condition of employment, Fashion Industries applicants must pass a drug test. Of the last 220 applicants 14 failed the test. Develop a 99 percent confidence interval for the proportion of applicants that fail the test. Would it be reasonable to conclude that more than 10 percent of the applicants are now failing the test? In addition to the testing of

Statistics Essay Example | Topics and Well Written Essays - 1000 words - 9

Statistics - Essay Example Therefore, this paper presents carbon dioxide data and a presentation of its trend over the years. In addition, the paper presents data on unemployment and house prices and their relationship in United Kingdom over the years. The above chart represents an upward trend in carbon dioxide concentration in the atmosphere. The horizontal axis represents the years from 1991 to 2011 whereas the vertical axis represents the CO2 concentration in the atmosphere. Looking at the data, the mean of CO2 is increasing from year to year thus creating an upward trend. This being a period of industrial revolution, this rise is associated with the heavy or rather increasing human and industrial activities across the globe. A snapshot of the above chart depicts that in every year there was a rise in carbon dioxide up to a certain level whereby it reduces before it began rising again. For instance, in the year 1991, the first five months reported an increase in CO2 concentration. Thereafter, the next four months depicted or rather reported a decrease in CO2 concentration. Finally, the last three months of the year showed an increase in the level of CO2 in comparison with the previous four years. Therefore, this rising trend in CO2 concentration is due to factors such as increased use of the fossil fuel across the globe and other agricultural or industrial activities that contribute to the emission of greenhouse gases into the atmosphere. Looking at the unemployment rate chart, there is a downward trend in the rate of unemployment over the years. The vertical axis is the rate of unemployment in every year whereas the horizontal axis is the years; from 1991 to 2013. The mean of unemployment rate is reducing from year to year. For instance, the mean in the year 1991 is 7.675, in 1992 is 9.341 and in 1993 is 9.891667. The trend in house prices chart shows an upward trend in house price over the years. The horizontal axis of the

Third World and Children Essay Example for Free

Third World and Children Essay Children are humans. With this sentence I want to start my assignment, because after having read the paper you will find a deeper meaning in these words. There are many kinds of institutions who work under the umbrella of the United Nations and fight for the right of human. One of these types of institutions is the United Nations International Children Emergency Fund, shortened UNICEF. I chose to write about the UNICEF, because I would like to give my point of view about this organization. UNICEF is an important organization for the international cooperation between different countries. I think if there werent such an organization, children had to suffer even more. There are a lot of children who get help from UNICEF, but yet there are millions who are still suffering. It is of essential importance that there are such organizations who help the children in difficulties and suffer, especially now in the third world countries. UNICEF offers help for children with difficult circumstances. In all parts of the world, for example: Kosovo, Zambia, Colombia and Vietnam. UNICEF works in 189 countries and is one of the biggest UN-organizations. They give people food, safety, water, help in illness and education. I admire the work UNICEF is doing, especially for the children who have to suffer. History of the United Nations and UNICEF December 11th 1946. The World War II has just been ended and many cities and villages have been destroyed through bombings. On the farms not much was grown and most of the factories didnt produce, because there was a lot of damage caused by the war. Also the stores were not open so there was not much food. Especially the children had to suffer of all this chaos. The United Nations was formed shortly after the war to try and create peace. Countries who joined this organization sent their delegations to the Headquarters of UN. They came together to find a way for solutions for different kind of problems. The delegations worried that Europe may not recover of all the damages caused by the war if there could not be done anything about the situation of the children. In this year the delegations decided to set up a fund to help the children in Europe who had suffered from the World War II. This fund was called the UNRRA (United Nations Rehabilitation and Relief Administration). Later the General Assembly changed the name in UNICEF. The first delegations of the UNICEF started their work by providing blankets, milk and food. Also health care of the children was an important priority for them. Providing milk to the babies was necessary, because the factories in Europe were all closed. Milk became scarce and precious. The delegations took the responsibility to help as much as they could to prevent the hunger those days. UNICEF worked together with the local authorities, help organizations and farmers to increase the milk production again. UNICEF strove that, when they left an area or country, the local population was able to hold on the milk production. In the year 1953 UNICEF operated worldwide and became an organization of development cooperation which was directed on helping mother and child. In the sixties the help of UNICEF became more structured and emphasized the family, local community and the society as a whole. Moreover education received more attention. In the year 1989 the Conventions on the rights of the Child got accepted by almost all the UN-member countries. Only two countries (Somalia and the USA) didnt sign the treaty. All rights of the child were mentioned in this treaty. These rights refer to all the children of the world, boys girls, black white, poor rich. You can think of the right of growing up in a  family, right on protection against child labour and right to having a safe and healthy life. These kinds of rights in the treaty are the basic foundation for UNICEF. Article 45 of the treaty says that the organizations of the United Nations, like UNICEF itself, can advise governments so that there can be an administration where the child gets the first priority. 1990 is the year when the World top for Children was held. The result of this event is an action plan for the children worldwide. In 2002 again such an event took place to see if the participated countries had reached their goals concerning the children. The result is negative. So the 189 countries who joined the World top for Children, accepted a new action plan including more than 20 goals for the next ten years. Conventions on the rights of the Child The main target of UNICEF is to see that all children get the care and the education that they need for having a good childhood. I still think that this target hasnt been obtained completely, because not all countries stick to the rules which have been described in the United Convention of the Rights of the Child. As I said earlier, almost every UN-member country signed the treaty which refers to rights of children from all nationalities. The seven most important rights of the child, which have been supported by the UNICEF have not been observed yet by all 189 countries. I will give my opinion on each of these rights. 1. The right of equality Equality means every child deserves an equal treatment. But still I see a huge gap between the children who grow up in Asia/Africa and children in Europe/America. UNICEF strives that one day the gap will not be so big between these countries. I think that UNICEF has already done a good job by supporting this right and make work of it. I also believe that every child  has the right to plan his or her life in their own way to make it interesting and active. A child deserves the same rights as his or her peer, no matter where they live. If we enjoy a good life here in Europe, I think that the people in a poorer country deserve the same. Sometimes I feel I am lucky that I enjoyed my childhood with children from the same age. It is a sad fact that in a lot of countries children still can not enjoy this treatment of being equal to the ones in a rich country. I hope to see difference in this situation. UNICEF is encouraging authorities all over the world to observe this right. 2. The right on special protection UNICEF not only provides children with physical and mental protection but also with social development. For example, iodine is a chemical nutrient, which every human being needs for his health. When a pregnant woman in Africa with a lack of iodine gives birth to a child, then there is a big chance that the baby will be handicapped. I consider this matter as a huge problem, as this influences the future of a lot of children. This right can give a special protection to these kind of children. UNICEF helps a lot of countries in Africa by providing salt added with iodine to prevent more handicapped newborns. This will give the children the opportunity to live a life in a proper way. It is a step towards a future with perhaps a job and an enjoyable life. In all parts of the world, you will find millions of street-children, working children, war children and orphan children. These children need extra protection. UNICEF tries to get them out of the miserable life situation. Street children can go to a house where they can eat, drink, sleep and go to school. 3. The right to have a name and nationality When a child is born, then he/she should have an identity through a name and nationality. This right guarantees him to grow up in freedom and to develop  into an adult. But yet there are children who may not know the name of their parents or even whether their parents are alive or dead. This right, which the UNICEF also supports, gives every child the opportunity to have an identity. I see this right not as an important one, because I cannot place myself in this kind of situation. For children who dont carry the name of their father or mother, this right is a must. Anyway, I think that every child deserves this right. This right helps the children to be treated equally. 4. Right to have food, home and medical care Having a home, food and medical care for both mother and child is a way to decrease the death rate among children. Malnourishment is a result of lack of proper food. I think this is a reason why so many children have to suffer. I even feel guilty at times when I think about the children who cannot even have one proper meal in a day, meanwhile I am having food which I like to eat. For example, a child in Sri Lanka has to work from morning till night to earn the money to stay alive. What if the child gets ill? Then he will not earn anything and will get weaker. He has no money for a normal medical care and no money for food. He has no other choice but to work while he is ill. I cannot imagine myself being so poor and hungry. Here, when I get a flu I refuse to go to college or work. And still I have food, home and medical care. It is sad that the child in Sri Lanka doesnt have the same choice like I do. UNICEF tries to change this situation. It supports projects which help countries by providing all kind of services, like giving food or a shelter to the orphans. 5. Right to have special care When a child is psychically or mentally disabled, it should get special care. This right is not only meant for those who have the money for the special care, but also for those who cannot afford this. I think you can have the right of equality when you also keep this right in honour. If a child in a third world country has to suffer from a disability, it is not his fault. So I would say that the right to have special care is an option for them as  well. 6. Right to be loved and understood This right is very important according to me. A child also needs the attention from his or her parents and environment to live a good life. Children in the third world countries are not able to enjoy this right, because there is no time and the possibility for it. Some of them do not even have parents to receive love from. I think a child is very sensitive and does not know what is happening in the world. If there is nobody for the child to protect him or her of all the cruelty in the world, he or she will lose the youth. A child will not be able to enjoy his time and will grow up two times faster than someone of his/her age in the west. That is not acceptable. Everyone should have the right to be loved and understood, especially those who live in the third world countries. 7. Right to have free education In the developing countries a lot of children cannot go to school. I think this is the most important right for a child. This right guarantees you a future. It is not fair for those who cannot pay school fees. Education must be a number one priority. Children are our future. How can we hope for a good future if the children cannot go to school. I am glad that the right of free education gives the children in the developing countries the right to grow up and to have a job. This way they can also be able to choose to become someone they want to be. In countries like Pakistan, children have to work at a very young age to earn the money for their parents as an extra income. UNICEF has set up a project where the child has to go to school for three hours after doing his/her job. I think this as a positive solution, because you cannot forbid a child who has to work hard to survive, unless someone with lot of money is supporting the child, which happens seldom. I respect UNICEFs work, because even if they cannot stop children from working, they help the children to enjoy the right to go to school for a minimum of three hours a day. Future of UNICEF UNICEF has existed for over 50 years and achieved a lot. The goals they are planning to achieve in 10 years will be successful if they keep up the work like they are doing now. Even I would like to see a change in the life of those children who cannot enjoy their childhood. I dont think that I as an individual can help the millions in need, even though I want to. I just gave my opinion on every right a child deserves. If the authorities will work more actively to fight for the right of the children, the future can be changed in a positive way. I hope that there are many people who appreciate and support UNICEF. I know for sure that in the future I will donate money to this organization. I would also like to see that UNICEF will be there in the future as well. There is still a lot of work to be done to change the future of the children all around the world. As I said earlier that children are human too. And every human being should know his/her own right in this world. I do not think that a childs life here in a western country has more value than to a child in a third world country. To prevent this thought, I am glad to see that there are rights to treat every child in the same way. Unfortunately, the reality is that a child in a third world country is be treated as an adult. He or she has to work from a very young age. This is a strong reason why I want to see UNICEFs work in the future. Bibliography Literature Verhellen, E., Verdrag inzake de rechten van het kind, Garant NV, 2000, p.252 Prior, K., UNICEF, Harmelen, 2001, p. 321 Raad voor het jeugdbeleid, Van gedrag tot verdrag, SWP, 1996, p.78 Ling, L., Internationale regelgeving over de rechten van het kind, Defence for children international, 1993, p.145 Versmissen, M., Op de bres voor kinderrechten, Bakermat, 1993, p.58 Website www.unicef.nl www.unicef.com Logo: www.unicef.org.uk