Hiring A New Employee Essays - Employee Relations,

Hiring A New Employee Hiring a New Employee A company is only as good as the employees who work for It. Seems to be the slogan driving most employers in todays marketplace. Your employees are a direct reflection of your company and in many industries, may actually be considered the product. Finding the right employee can be one of the most crucial and difficult decisions a business can face. Businesses must be prepared for this process and understand the steps involved in hiring a new employee. When an employer makes the decision to hire a new employee, they must first decide what advantages this employee will offer the company. The employee may be considered a producer, who would benefit the company by producing, creating, selling or supporting the product. This employee would be responsible for direct profits for the company. He or she may also belong to the coordinator category of employees. These employees are responsible for the productivity of producers by coordinating their tasks with those of other producers to gain the most cost effective solution. It must be determined if the efforts of a coordinator would benefit the producers in a specific company. A new employee may also offer your company the assistant qualities needed to free up the time of a higher paid employee. An assistant can be very valuable to your company by helping your executives become more efficient. Once the potential gains of a new employee are determined, the costs associated with this new staff member must be reviewed. The expenses of anew employee include salary, taxes, hiring costs, supervision, training and equipment. The employees salary, wages and incentives must be taken into consideration. In addition, the company must pay taxes, administration and accounting fees for this person. The decision maker should take into consideration the hiring costs associated with the employee, including recruiting, advertising, interviewing and selecting a new employee. The cost of supervision of the employee can be calculated using a percentage of the supervisors salary based on the projected amount of time the new employee will require from a supervisor. Training costs can also be substantial, consisting of the direct and opportunity costs of other employees who would be involved in training. Equipment such as computers, desks, safety equipment and other technology would also be taken into account. After calculating, reviewing and analyzing the costs and benefits of an employee, several things must still be considered before developing a conclusion. A human resources or management decision maker should compare and analyze the effect this employee would have on your cash flow. Realistic income projections can be compared to the initial and long-term costs of the employee. The fact that the employee may not be fully productive until several months of work must be calculated into the projections. For example, the person may take time to adjust to the position and handle a full workload, or you may not initially have enough work for the person to be working at full capacity. The deciding parties must consider the relative value and determine if the gain would be more from a new employee as opposed to investing the same time, money, and resources in current employees or procedures. The decision to hire a new employee is very important to the company as a whole, as well as, the individual making the decision. A poor choice can reflect the personal abilities and may indicate a decision-making weakness to the persons boss, colleagues, staff and customers. By making the decision to hire the person, they will be responsible for whether or not that person can do the job well and fit in with other members of the staff. When making the decision to hire a new employee, a company should keep in mind the importance of the task, while being sure to consider the potential gain, projected costs, and advantages of the new employee compared to your other choices. Engineering Reports

The Theory of Relativity and the Speed of Light

The Theory of Relativity and the Speed of Light One commonly known fact in physics is that you cannot move faster than the speed of light. While thats basically true, its also an over-simplification. Under the theory of relativity, there are actually three ways that objects can move: At the speed of lightSlower than the speed of lightFaster than the speed of light Moving at the Speed of Light One of the key insights that Albert Einstein used to develop his theory of relativity was that light in a vacuum always moves at the same speed. The particles of light, or  photons, therefore move at the speed of light. This is the only speed at which photons can move. They cant ever speed up or slow down. (Note: Photons do change speed when they pass through different materials. This is how refraction occurs, but its the photons absolute speed in a vacuum that cannot change.) In fact, all of the bosons move at the speed of light, so far as we can tell. Slower Than the Speed of Light The next major set of particles (so far as we know, all of the ones that arent bosons) move slower than the speed of light. Relativity tells us that it is physically impossible to ever accelerate these particles fast enough to reach the speed of light. Why is this? It actually amounts to some basic mathematical concepts. Since these objects contain mass, relativity tells us that the equation kinetic energy of the object, based on its velocity, is determined by the equation: Ek m0(ÃŽ ³ - 1)c2Ek m0c2 / square root of (1 - v2/c2) - m0c2 Theres a lot going on in the above equation, so lets unpack those variables: ÃŽ ³ is the Lorentz factor, which is a scale factor that shows up repeatedly in relativity. It indicates the change in different quantities, such as mass, length, and time, when objects are moving. Since ÃŽ ³ 1 / / square root of (1 - v2/c2), this is what causes the different look of the two equations shown.m0 is the rest mass of the object, obtained when it has a velocity of 0 in a given frame of reference.c is the speed of light in free space.v is the velocity at which the object is moving. The relativistic effects are only noticeably significant for very high values of v, which is why these effects could be ignored for long before Einstein came along. Notice the denominator which contains the variable v (for velocity). As the velocity gets closer and closer to the speed of light (c), that v2/c2 term will get closer and closer to 1 ... which means that the value of the denominator (the square root of 1 - v2/c2) will get closer and closer to 0. As the denominator gets smaller, the energy itself gets larger and larger, approaching infinity. Therefore, when you try to accelerate a particle nearly to the speed of light, it takes more and more energy to do it. Actually accelerating to the speed of light itself would take an infinite amount of energy, which is impossible. By this reasoning, no particle that is moving slower than the speed of light can ever reach the speed of light (or, by extension, go faster than the speed of light). Faster Than the Speed of Light So what about if we did have a particle that moves faster than the speed of light. Is that even possible? Strictly speaking, it is possible. Such particles, called tachyons, have shown up in some theoretical models, but they almost always end up being removed because they represent a fundamental instability in the model. To date, we have no experimental evidence to indicate that tachyons do exist. If a tachyon did exist, it would always move faster than the speed of light. Using the same reasoning as in the case of slower-than-light particles, you can prove that it would take an infinite amount of energy to slow a tachyon down to light speed. The difference is that, in this case, you end up with the v-term being slightly greater than one, which means the number in the square root is a negative. This results in an imaginary number, and its not even conceptually clear what having an imaginary energy would really mean. (No, this is not dark energy.) Faster Than Slow Light As I mentioned earlier, when light goes from a vacuum into another material, it slows down. It is possible that a charged particle, such as an electron, can enter a material with sufficient force to move faster than light within that material. (The speed of light within a given material is called the phase velocity of light in that medium.) In this case, the charged particle emits a form of electromagnetic radiation thats become called Cherenkov radiation. The Confirmed Exception There is one way around the speed of light restriction. This restriction only applies to objects that are moving through spacetime, but its possible for spacetime itself to expand at a rate such that objects within it are separating faster than the speed of light. As an imperfect example, think about two rafts floating down a river at a constant speed. The river forks into two branches, with one raft floating down each of the branches. Though the rafts themselves are each always moving at the same speed, they are moving faster in relation to each other because of the relative flow of the river itself. In this example, the river itself is spacetime. Under the current cosmological model, the distant reaches of the universe is expanding at speeds faster than the speed of light. In the early universe, our universe was expanding at this rate, as well. Still, within any specific region of spacetime, the speed limitations imposed by relativity do hold. One Possible Exception One final point worth mentioning is a hypothetical idea put forth called variable speed of light (VSL) cosmology, which suggests that the speed of light itself has changed over time. This is an extremely controversial theory and theres little direct experimental evidence to support it. Mostly, the theory has been put forward because it has the potential to solve certain problems in the evolution of the early universe without resorting to inflation theory.

Children's testimony as evidence Essay Example | Topics and Well Written Essays - 250 words

Children's testimony as evidence - Essay Example In this respect the query about reliability of child’s words can be rather controversial. As a rule child’s vision of the surroundings differs from the view of adult person. Children have peculiar perception of the world. Combining their plain and rather naive comprehension with rich imagination, children are prone to exaggerate or even concoct some facts. Judicial practice shows that sometimes children are able to add false details to the description of the case or, on the contrary, pass over in silence crucial information. This happens because of the several reasons. First explanation is child’s personal feelings of fear or embarrassment. Second one is emotional surge that overcomes a child in a moment of analyzable event, after which he or she may have obstacles to remember everything that has occurred. However, when children deal with private insult, their testimonies may really help to achieve closure. History knows a lot of cases when hearing child’s testimony about sexual abuse, representatives of courts have not doubted the truth of stated words. In such particular cases all emotions, anxiety, offence and pain that is impossible to counterfeit can be seen on the face of the child.

Politics International Security Why did North Korea aquire Nuclear Essay

Politics International Security Why did North Korea aquire Nuclear Weapns - Essay Example From the start, a state that would become a nuclear-armed state would begin with a nuclear-energy program. Then on and on, after acquiring the capability and material to produce energy, that state would proceed, secretly or clandestinely, to produce other materials to produce nuclear weapons. A question maybe asked here: is there a precise reason why states want to acquire nuclear weapons Or is it the ambition of non-nuclear power states to acquire nuclear weapons or become nuclear-powered states Erich Marquardt (2003) in his Asia Times on-line article - Why states want nuclear weapons - has this intriguing thesis: When a state acquires nuclear weapons, the cost of invading that state increases, making it more difficult and expensive for the invader to gain a military edge. There are a number of examples to connect with this statement. ... Since Iraq did not yet have nuclear weapons in 1981, Israel was able to launch a successful military strike on the Iraqi nuclear reactor without the fear of a powerful retaliation. (Marquardt, 2003) Iraq then hastened to develop nuclear weapons to increase its leverage with their rivals Iran and Israel. Acquiring nuclear weapons would make it much more difficult for rival states to threaten or attack Iraq. This could be the reason why, according to Marquardt, the Ba'ath Party leadership was unwilling to allow United Nations weapons inspectors complete access to every part of Iraq. The ambiguity surrounding its weapons program could have theoretically increased Baghdad's foreign-policy negotiating power. (Marquardt, 2007) In the same manner, Marquardt relates, North Korea is sending confusing signals regarding its nuclear program to the U.S. or the outside world regarding its nuclear program, the purpose of which is "likely to create the perception that North Korea is possibly a nuclear-armed state" because US President George Bush is opt for a "regime change" in Pyongyang. As long as powerful rival states, such as the United States and Japan, are unclear about North Korea's nuclear program, they will have to be careful before deciding to take military action against that country (Marquardt, 2007). In this case Bush and his military would have second thoughts of attacking North Korea. Siegfried S. Hecker, researcher at the Center for International Security and Cooperation at Stanford University says that the October 9, 2006 nuclear test and the subsequent DPRK's Feb. 10, 2005 announcement of having manufactured nuclear weapons, make it much more difficult to convince the DPRK to give up its nuclear weapons. Nuclear-armed states work to

Descriptive writing Essay Example for Free

Descriptive writing Essay Descriptive writing is a way through which a writer shows his ideas by giving a clear and a vivid image of an object, a person, place or an event. In order to clearly explain a situation thereby creating a clear picture in the reader’s mind, descriptive essay must contain certain important elements. Pamela Arlov guides us to a good description in the book, Wordsmith a guide to college writing. A good descriptive essay uses fine vocabulary, original discussion about an event or an object which appeals to the five senses, uses clear dominant impressions and spatial order. Merely the description is to be used on the basis of the five senses. For instance, while dealing with an event or an object, the description is to be done on the basis of experience or imagination which will enable the reader visualize the discussion. Words which evoke sight, smell, hearing, touch or taste are to be used. The use of dominant impression is quite essential and can be taken as the central theme of the essay. It is the way in which the author conveys his strong feelings about a topic. This can be done by talking about all the possibilities while discussing a particular topic. Moreover, a good descriptive essay is organized in a systematic way. Here we talk about the spatial order. It is essential to maintain an order in an essay. As a result, the essay is more effective and easier to study. In spatial order, things are arranged according to their physical positions. Hence the idea is clearer with the reference of positions like left to right, high to low and so on. Thus, if the discussed techniques, further explained in the book, Wordsmith a guide to college writing, are considered while writing a description, the essay will be quite effective.

Physics of Fireworks Essay -- physics firework fireworks

After black powder was discovered by the Chinese in the 9th Century, the relatively short history of fireworks began with this explosive chemical composition. Black powder is made up of potassium nitrate, sulfur, and charcoal (KNO3); in the correct amounts, this combination has very explosive results. The use of black powder sprung forth the evolution of muskets, rockets, and fireworks. Although history has shown that the development of black powder muskets into modern day guns, artillery, and weapons of mass destruction have changed the face of the earth, taken many lives, and changed the outcome of many wars, black powder is also used in many rituals and celebrations. While traveling the globe, Marco Polo, fascinated by this black powder, brought it back to the West were it soon caught on. In Rome, King Charles V used fireworks to celebrate a victory. The fireworks were developed and made by his â€Å"fire workers† who made leaps and bounds with the projectiles and rocket shape of the fireworks. These elaborate demonstrations of fire soon spread through Europe and pleased many spectators of the King and Queens Court. In the middle ages, Italy and Germany took their displays to another level, incorporating different colors and effects. In Italy, the firework displays were used to accentuation buildings and structures, while in Germany, the focus was more on the fireworks themselves. The name "green men" was coined on account of the people who would cover themselves in leaves to protect their body from sparks and ashes as they launched fireworks from their hands. As music grew and became a large part of society, the incorporation of music and firework displays became inseparable. The most infamous of all fireworks displays, f... ...ich ended up missing his head, but tearing the front of the coat. Anyone who has ever felt the material on a fire coat can tell you that it would be very difficult to do damage like that to fire coat in a split second. Bibliography Lancaster, Ronald, and Butler, Roy E.A., and Lancaster, J. Mark, and Shimizu, Takeo. Fireworks Principles and Practice. New York: Ticknor, 2002. Pihko, Petri. â€Å"Pyrotechnics – The Art of Fire.† 1998. Online posting. Pihko, Petri. 12 April 2003. http://cc.oulu.fi/~kempmp/pyro.html ProQuest Information and Learning Company. â€Å"Physics of Fireworks.† 2003. Online posting. Bigchalk – The Education Network. 12 April 2003. www.bigchalk.com Russell, Michael S. The Chemistry of Fireworks. York, ME: Stenhouse, 2000. â€Å"The Physics of Colored Fireworks.† 1998. Online posting. 12 April 2003. http://cc.oulu.fi/~kempmp/pyro.html

Financial Analysis Sample Questions

Question 1 VMA Limited is a supplier of office equipment in Newport. The company is also listed on the London stock exchange. The traditional company has a board of directors comprising two executive directors and two non-executive directors. It also has two sub-committees, which are the audit committee and nomination committee. The Audit committee is made up of two non-executive directors whilst the nomination committee is made up of two executive directors and one non-executive director. Currently, Sir Williams, the CEO, is responsible for remuneration of the directors. The board of directors is planning to bid for a contract amounting to ? 5million for the provision of office equipment to government schools across Newport for the next five years. However the directors are worried about the company’s liquidity position as this might affect the chances of securing the contract. As the management trainee with a MBA, you have been tasked by the board to prepare a bid proposal based on the following financial information: Additional notes: . Administration expenses include ? 290,000 which is depreciation of non current assets during the year. 2. The company sold an asset which had a net book value of ? 310,000 for ? 80,000. 3. During the year the entity acquired non-current assets costing ? 1,900,000. 4. A dividend of ? 700,000 was declared during the year. Required Preparation of report addressed to the board of directors which includes the following: (a) Stateme nt of Cashflows and its evaluation; (30%) (b) An assessment of the company’s working capital management and; (10%) c) An evaluation of the company’s compliance with the corporate governance code. (10%) Total 50% Question 2 Kapoor Limited is a company that manufactures plastic watches in Chennai. The start-up has been in operation for six months and does not have a decent budgetary system in place. The company owners have asked you to set up a modern budgetary system for the company based on the following information: Additional information: 1. Ninety per cent of the monthly sales for cash. the remainder will be sold on credit, the receivables settling one month after sales 2. Wages are paid sixty percent during the month in which they are earned, forty per cent in the month following. 3. Variable overhead is paid in the month in which it is incurred. 4. Material costs are paid two months after the material is used in production 5. The company will purchase a new pick up truck for ? 14,000 in August. The present truck will be sold in the same month for ? 4,500. 6. The company intends to pay the insurance premium amounting to ? 5,000 in two equal instalments in the month of June and August 7. The depreciation charge of ? 1,000 a month is included in the Fixed overhead. 8. The cash balance on 1 June 2009 is expected to be ? 3,000 in hand. Required Prepare a report to the owners which should include the following: (a) The process of setting up a budgetary system and its significance to the company; (16%) (b) A cash budget for each of the two months commencing 1 June 2009. (24%) (c) An assessment of how to evaluate which customers should receive credit and how of much should be offered. (10%) Total 50%