Issues that help and hinder performances of different generations
Organizations aim to produce good results that are achieved through a dedicated and committed workforce. The workplace environment is characterized by several issues that help and hinder performances of different generations of workers. The management should be aware of the issues so that the right approaches can be used to facilitate a culture of excellent performance. The younger generation uses short forms of communication that negatively impact an organization’s performance. For instance, BTW is used to mean “by the way.” The form of communication cannot be easily understood by the older generation. Thus, workplace ideas and messages could be misperceived. However, young workers can effectively use short forms of communication to share ideas and information that could increase their performance. Millennials post anything they wish, although it could be confidential, on the internet.
This practice has resulted in poor performances in the workplace because some confidential information may leak to people who may use it to compete more effectively against the firm. However, the old generation is characterized by a high level of confidentiality that helps improve an organization’s performance outcomes. Another issue that affects performance is the ability to apply critical thinking skills. The old generation workers can use excellent critical thinking skills to solve issues in the workplace. However, millennials follow documented approaches to solve workplace problems. In the absence of the documented approaches, members of the younger generation produce poor results. Finally, the experience is a crucial issue that affects performance. New hires and students on attachment have limited workplace experiences that negatively impact the performance of an organization. On the other hand, old generation workers have amassed experiences that enable them to produce good results for firms.
Workers’ unions
An organization with unions should not persuade workers to decertify their union. Workers’ unions are formed to negotiate for the rights of workers about better salaries and working conditions, among others. An organization could use its unions to make workers accept terms that would not benefit them. However, workers use their unions to enter into collective bargaining agreements that yield better terms and conditions.
Incentive plans
Firms use different incentive plans to motivate their workers to achieve specific goals. Employee incentive plans should benefit all workers within an organization when goals are exceeded. The aim of such plans is to motivate all workers for their combined efforts in achieving excellent results. However, some incentive plans could only be provided to selected employees. For example, management incentive plans should be used to motivate and retain top managers involved in steering an organization to achieve exemplary performance. Also, a multinational company could give incentives to employees in specific countries that produce and maintain good performance outcomes.
Graduate students and unions
Graduate students are involved in carrying out research, teaching diploma and undergraduate classes, and performing clerical duties. As such, they are employed by their respective universities and colleges. Therefore, graduate students need to join labor unions that would help them bargain for better terms and conditions with their employers. In most cases, universities and colleges allow their student-employees to bargain collectively for their employment terms and conditions. Teaching institutions that do not allow their student-employees to join labor unions provide poor terms and conditions to their graduate students in employment.
Markets
Efficient markets are characterized by sufficient information about stock prices. They are based on the platform of the efficient market hypothesis that states that investors can only get returns on the premises of their value of investments and market performance. In other words, investors cannot outperform efficient markets because relevant information is factored into stock prices at the time of purchasing.
Equity markets are not inefficient markets. They are organized markets that rely on information that is used to determine the prices of shares and securities. Investors get good returns based on the analysis of information inefficient markets.
Accounting has an important role in efficient markets because it produces financial reports and analyses that are used as sources of information to guide potential investors. Without proper accounting practices, markets cannot be efficient.
It would pay handsomely to invest time and money to beat the markets. Economic forces make the prices of stocks go down. Intelligent investors should buy stocks at this time and watch the market trends over time and sell the stocks when prices appreciate. It is important to note that the bigger the investments, the better the returns.
It is essential for investors to conduct financial statement analyses. Financial records and statements provide crucial information about financial performances and trends of business organizations. The information greatly helps investors to make final decisions about their investments in stock markets.
Market prices vary based on the prevailing economic conditions. It would be important to time the markets so that an individual would get the best returns on his or her investments. Investors should wait and analyze the financial statements of companies listed in stock markets. Patience and being informed is the key to realizing good returns from investments in the equity markets.
Favorable tax treatment policies
China has been at the forefront of implementing tax treatment policies aimed at promoting foreign investments. Tax treatment refers to the act of exempting some products and incomes from taxation. The primary goal of tax treatment is to promote investment activities and give tax relief to persons in need. Federal income taxation policies have attempted to give relief to some classes of earners. For example, the disabled in the society are exempted from income taxes that are levied on normal persons. Medicare tax is aimed to promote healthcare in the US. Under some circumstances, some persons are exempted from taxation because of their socioeconomic backgrounds. Exempting some groups from taxes ensures that they have sufficient money to spend on other needs. This is essential in a country that relies upon good spending of its citizens. The approach has the potential to attract foreign investments.
For the US to attract foreign investors who could enhance economic growth, it has been exempting investors from some forms of taxes. Foreign investors in the US improve the level of productivity, salaries, and rates of employment due to smaller amounts of money paid as taxes. This is particularly important for future investments in the US. The tax exemption policies have the potential to increase the number of foreign investments in the future. An increase in the value of foreign investments would facilitate the growth of the US economy.