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[Wrongful Discharge] Monique worked as an administrative assistant for B&B Corporation. According to paragraph 16 of B&B's employee handbook's progressive discipline policy, an employee whose performance is unsatisfactory may be discharged if no improvement is shown within thirty days after receiving a written warning. Monique was having difficulty learning the software program required for her job. On July 1, she met with her supervisor, who told her that her performance needed improvement and gave her a written warning which referenced paragraph 16 of the employee handbook. Monique stayed up late each night trying to learn the new program. She was away from her job for one week for jury duty. On her return to work from jury duty on July 20, Monique was terminated for poor performance. Monique called B&B's Human Resources Department, but was told she has no case for wrongful discharge because she was an employee-at-will and can be terminated at any time for any reason.
-What is meant by the term employment-at-will? Discuss whether you ethically believe employment-at-will should be retained in the U.S. or whether employers should be required to exhibit fairness whenever a decision is made to fire an employee.
Future Value
The value of an investment at a specified future date, taking into account factors like interest rates and compounding.
Compounded Annually
Interest on an investment that is calculated once per year, adding to the principal amount for future interest calculations.
Profit-Sharing
A company policy of distributing a portion of net profits among its employees as a form of incentive and reward.
Annual Profit
The financial gain or earnings of a business or individual for one full year after all expenses have been subtracted from total revenues.
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