The chief information officer (CIO) of the long-term care (LTC) facility is preparing for retirement and considering recommending you to take her place. Before she makes the recommendation to the board of directors, she wants to see how much you know about the Health Insurance Portability and Accountability Act (HIPAA), the USA PATRIOT Act of 2001, and the Privacy Act of 1974.
Write a 1–2-page paper, not including the title and reference pages, that covers the following topics:
How do HIPAA and the USA PATRIOT Act of 2001 affect the Privacy Act of 1974?
Note: Use APA style to cite at least 2 references.
CLICK HERE TO MAKE YOUR ORDERon chief information officer (CIO) of the long-term care (LTC) facility is preparing for retirement and considering recommending you to take her place
Discuss the main differences between minimum pay regulations, retirement, and paid time off practices in the United States versus a country of your choice. Do the differences create competitive advantages or disadvantages for the United States organization in competing in a global economy? Cite at least two outside sources as references in your initial response. Check details and cite about pay regulations retirement and paid time off practices
Minimum pay regulations, retirement, and paid time off practices in the United States versus Canada
In this discussion, United States was compared with Canada and the main reason for selecting Canada is due to geographic proximity to the United State as well as its large economy. Starting with the minimum wage, Canada has a statutory law that requires employers to pay minimum wage(Martocchio, 2011). The minimum wage scale is determined by the province the workers lives and works in. the minimum wage in the United States is determined at two levels of government; Federal and State. When their a collision between the Federal and State minimum wage law, the employee is entitled the higher minimum wage of the two.
In terms pay time off practice, the Canadian worker is entitled to two weeks paid vacation and paid holiday. This is the privilege that is lacking in the United States and the employer has the discretion to offer or not to offer paid vacation and paid holiday(Lowe, et al., 2002). Looking at the two countries, Canada is competitive since the workers are guaranteed of pay time off, unlike the United States workers who is at the mercy of the employer. However, both countries have maternity and paternity leave. Yearly, Canadian worker have accumulated 17 weeks leave whereas the United States’ worker is entitled to 14 weeks leave, which also make Canadian worker to have more competitive advantage. Both countries have laws that allow employer to offer their workers compassionate care leave. In the United States, it is termed as Family and Medical Leave Act (FMLA) and the worker is entitled to 12 weeks unpaid leave whereas the Canadian worker is entitled 8 weeks of unpaid leaveto care for a family member(U.S. Department of Labor, 2019). In addition, have similar retirement and pension plans where the scheme is funded by the federal and provision taxes. The qualified workers receices vision, dental…………………………………………………………………………………………………
Management: Defined Contribution Retirement Plans versus the Defined Benefit Retirement Plans (Pension Plans
(Course Instructor)
(University Affiliation)
(Student’s Name)
March 16th 2016.
Whether Employees Favor Defined Benefits or Defined Contribution Retirement Plans
The qualified plans can be classified as either defined benefits or defined contributions (Mathis et al., 2013, p. 459). The defined contribution is a retirement plan where the employee, employer, or both make contributions with no promised payout of future funds. In contrast, the defined benefits plans offer automatic payouts upon the employee retirement, at employer set formula that factors the years of service and salary scale. The defined benefits plans are most common and are preferred by the employees. The defined contribution plans involves the employee and employer contributions, upon which the contributions are invested at the discretion of the employer (Mathis et al., 2013). However, the capital gains and losses affect the contributions. When the employer retires, s/he receives the balance on the account after the employer has factored the effects of capital investments. The value of the defined contributions plans are often affected by the changes in the investments and market conditions. Most employees would prefer a retirement plan that guarantees them definite returns. As explained the changes in market and investments affects greatly the contributions in the defined contributions, unlike in defined benefits where the retirement benefits are determined solely based on the employer’s and employee contributions. The fact that defined benefits guarantees definite amount of money, unlike the defined contributions, that is affected b…………………………………………………………………………………………………………………………………………………………………………………………………………………………….
Management: Defined Contribution Retirement Plans versus the Defined Benefit Retirement Plans (Pension Plans
(Course Instructor)
(University Affiliation)
(Student’s Name)
Whether Employees Favor Defined Benefits or Defined Contribution Retirement Plans
The qualified plans can be classified as either defined benefits or defined contributions (Mathis et al., 2013, p. 459). The defined contribution is a retirement plan where the employee, employer, or both make contributions with no promised payout of future funds. In contrast, the defined benefits plans offer automatic payouts upon the employee retirement, at employer set formula that factors the years of service and salary scale. The defined benefits plans are most common and are preferred by the employees. The defined contribution plans involves the employee and employer contributions, upon which the contributions are invested at the discretion of the em…………………………………….…………………………………………………………………………………………………………………………………………………………………………………………………………………………….
