Nobody downloaded yet

Legal and financial environment - Essay Example

Comments (0) Cite this document
The swelling number of immigrants from all over the globe, especially North Africa, the U.K government necessitates keen regulation of the employment environment. The union has a legislation stipulatiing that there must be an employment contract for an employed individual to…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.7% of users find it useful
Legal and financial environment
Read TextPreview

Extract of sample "Legal and financial environment"

Download file to see previous pages The contracts should also define the working hours and the leaves an employee should get. Moreover, any related employment policies such as anti-bribery laws make part of the contract. The rules and regulation relating the job assigned needs explicit statements. The relationship between the employer and the employee needs clarity. Nevertheless, the employee should know the ground in which issues such as dismissal, resigning from works occur. Moreover, the contract should define the expectations of the employer from the employees. That way, confusion would be minimal in that the employees will focus on what they are expected of to facilitate achieving the company’s goals and objectives (, 2015).
The U.K employment laws prohibit laws that discriminate in any way against any individual when making job advertisements. Some of the general rules that Grace and tailor should follow to avoid accusations during advertising and recruiting are mentioned below.
First, the job advert must not imply or state that there will be discrimination of anyone. For instance, it should not imply that the company does not prefer workers with a disability. The use of a common phrase like “averagely experience” or “fresh graduates” is inappropriate. The platform where one advertises may also imply indirect discrimination, for example, advertising the job in the women’s magazine. Noticeably, specifying the age limit may also involve discrimination.
During the recruiting process, the law prohibits the inclusion of date of birth on an application letter. Selecting potential employees for an interview based on age appears to be discriminative. Moreover, the U.K employment laws say that an applicant need not to talk about criminal convictions if any though areas such as schools may not have the rule applying to them. The employer should not use the membership of a trade union to influence the decision to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Legal and financial environment Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Legal and financial environment Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from
(Legal and Financial Environment Essay Example | Topics and Well Written Essays - 1000 Words)
Legal and Financial Environment Essay Example | Topics and Well Written Essays - 1000 Words.
“Legal and Financial Environment Essay Example | Topics and Well Written Essays - 1000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Legal and financial environment

Legal and Regulatory Environment

.../A-Bo/Age-Discrimination-in-Employment-Act.html>. Salvacon, Manuel, What employers can do to prevent sexual harassment. Retrieved on October 25, 2011 from: <>. Wanda, D., Dranoff, S., & Maatman, G. (2002). The Manager's Guide to Preventing Hostile Work Environment: How to Avoid Legal and Financial Risks by Protecting Your Workforce from Harassment on the Basis of Sex, Race, Disability, Religion, and Age. New York: McGraw-Hill.... ? HR - Legal and Regulatory Environment Task This paper looks into the civil rights and employment unfairness. It then seeks to answer the legal issues in the case of Quinn,...
4 Pages(1000 words)Essay

Ethics and Legal Environment

...? Ethics and Legal Environment Using Joseph Badaracco's "right-right" framework the situation facing MegaAbbott as the respected senior vice president of CyberFire Corporation can be handled using the four steps as presented by Professor Joseph (Badaracco, 2002). 1. Which way creates the most amount of happiness for the most amount of people? Megan Abbott though through a fraudulently way gets a job through the right recruitment process at CyberFire Corporation as an assistant project facilitator which according to her papers she was overqualified. Due to her competency at work she raises rightfully through the ranks to a senior managements position, it is a fact from the records of her performance that...
3 Pages(750 words)Assignment


...LEGAL ENVIRONMENT 5 It has been by far clear that a company which does business internationally will be governed by the laws of the country in which it operates. It has been said that foreign companies which set up operations within the U.S may get benefits like lower social-security tax and severance-payment burdens, but it is important to point out that the companies must be adapt to the general civil rights laws which have been provided by the American system. These rights include protection of US workers from discrimination on account of race, sex, age, national origin and handicap. However it has to be stressed that such discrimination laws are not particularly common in other countries, and to be...
4 Pages(1000 words)Essay

Legal Environment

...Legal Environment Task A contract, which is an agreement between two or more persons, which is intended to create legally binding obligation, can be terminated or discharged. Discharge By Frustration For this case, the contract between Maldrive and Planright was discharged by frustration. This was due to the change in law. The government secured the enactment of emergency regulations, which prohibited with immediate effect the manufacture and export of the relevant weapon system. Planright had agreed to sell the machine to Mildrive but due to change in law, he could not sell the machine hence terminating the contract. Relevant case studied is that of: Baily v De Crespigny, 1869 De...
7 Pages(1750 words)Essay

Legal Environment

...Running head: LEGAL ENVIRONMENT Legal Environment US human resource laws and foreign country operations As the world has become a global village, many companies venture into foreign markets in order to exploit the untapped potential in the new areas. In a bid to be on top of the world market, most large companies usually go international to explore wider markets and more resources for investment. Companies in the USA are not left behind. There are multinational corporations such as Mobil, General Motors, and MacDonald's, to name but a few, that have worldwide presence. A point of concern is whether the US companies that operate in other countries have to abide by the US...
4 Pages(1000 words)Essay


... the costly products offered by developed countries. IP therefore becomes secondary ethically and legally when public and national interests become major considerations. In this type of environment a company planning to move business to less developed countries need to consider their positions carefully. Some of the measures that such a firm may take include the following: - Sell patent and form partnership with local companies to develop generic drugs without committing to manufacturing and distribution. Ensure the patent is issued for bulk production and sale so that the company can reap from bulk sale even though the margin would be small. - Engage dialogues with the local authority to ensure that the patent is integrated... such...
5 Pages(1250 words)Essay


...of Transnational Law, Vol. 32 Deming, S. H. (2006) . The Potent and Broad-Ranging Implications of the Accounting and Record-Keeping Provisions of the Foreign Corrupt Practices Act. Journal of Criminal Law and Criminology, Vol. 96 Eigen, P. (2007). Fighting Corruption in a Global Economy: Transparency Initiatives in the Oil and Gas Industry. Houston Journal of International Law, Vol. 29 George, B.C., Lacey, K.A., & Birmele, J. (1999). - On the Threshold of the Adoption of Global Antibribery Legislation: A Critical Analysis of Current Domestic and International Efforts toward the Reduction of Business Corruption. Vanderbilt Journal of Transnational Law, Vol. 32, Jennings, M.M. (1997). Business: Its legal, ethical, and...
12 Pages(3000 words)Essay

Legal and Financial Environment Assignment 1 You must hand in one copy to your teacher at your next lesson after the submission date and the same copy to TurnItIn on the day of submission. Submit one document containing all tasks. Provide a cover sheet w

...Legal and Financial Environment Assignment Task One The first right the workers should learn about is employment terms and remuneration cases. All individuals should have the freedom of choosing and engaging in occupations on the basis of the respective regulations that govern each professional occupation. All forms of employment require fair remuneration. At this point, the arrangements apply differently in each country. Workers should be assured of equitable wages that are sufficient to facilitate them have decent standards of living (Clarkson, Miller, Jentz, & Cross, 2008). Workers who are subject to employment terms away from alternative forms of open-ended and full-time contracts...
6 Pages(1500 words)Assignment


...Legal and Financial Environment Grade Employment Contract According to employment law centre fact sheet, an employment contract is a legal agreement between the worker and an employer regarding their employment relationship. Technical fact sheet 128, explains revenue recognition and service contracts terms. Association of Chartered Certified Accountants (ACCA) has provided an overview of the effect of FRS 5 Application note G and UITF Abstract 40, identification, prior Year Adjustment –accounts and how they are calculated. Relevant accounts and the treatment for tax are summarised in this section. Service contracts are calculated using stage of completion method. This...
4 Pages(1000 words)Assignment


...Legal and Financial Environment for Business Study of Table of Contents Table of Contents 2 Introduction 3 Part A 3 Part B 4 Conclusion 7 References 8 Introduction Grace and Taylor might face distinct legal and financial condition for expanding in different area and locations. In the current study, Grace and Taylor will be provided with distinct legal and financial frameworks for executing expansion strategies. This study is segmented into two parts to gain the insight on potential legal and financial factors that are going to affect Grace and Taylor events management firm in expanding...
4 Pages(1000 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Legal and financial environment for FREE!

Contact Us