In 2018, Theresa Was in an Automobile Accident and Suffered

question 77

True/False

In 2018, Theresa was in an automobile accident and suffered physical injuries. The accident was caused by Ramon's negligence. In 2019, Theresa collected from his insurance company. She received $15,000 for loss of income, $10,000 for pain and suffering, $50,000 for punitive damages, and $6,000 for medical expenses which she had deducted on her 2018 tax return (the amount in excess of 7.5% of adjusted gross income). As a result of the above, Theresa's 2019 gross income is increased by $56,000.

Understand the purpose of management by objectives in performance appraisals.

Understand the various biases that can affect performance appraisals.

Recognize the importance and goals of appraisal interviews.

Learn how to manage and mitigate biases in performance appraisal processes.

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Definitions:

Union Representatives

Individuals elected or appointed to act on behalf of and protect the rights of union members in dealings with employers.

HR Function

A strategic and coherent approach to the management of an organization's most valued assets - its people, involving recruitment, staffing, training and development, performance management, and employee relations.

Employment at Will

A legal doctrine indicating that an employer can terminate an employee at any time without cause, and vice versa, except when constrained by contracts or specific laws.

Layoffs

The act of temporarily or permanently removing employees from their positions, usually due to economic downturns, financial struggles, or organizational restructuring.