The Threat of Age Discrimination Lawsuits has Increased in Recent Years but this Problem Can Be Avoided Through the Use of Outplacement and Staggered Severance

Article Abstract:

Between 1975 and 1985, the number of law suits involving the termination of personnel over the age of fifty and alleged discrimination on the basis of age more than tripled. The trends shows no signs of reversing itself, in fact, quite the opposite holds true. One solution involves a combination of generous, but staggered severance pay, designed to encourage the discharged employee to actually look for new work, and monitoring the seriousness of the job quest with the help of an outplacement firm, which reports back to the original company on a thirty-day basis. If the person is indeed in active pursuit of a new job, the outplacement firm suggests another monthly payment.

Social conditions, Discrimination, column, Personnel, Office Personnel, Legal Issues, Firings, Lawsuits, Social Issue, Issues/Society

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How agriculture blocked the Uruguay Round

Article Abstract:

The US and the European Community (EC) disagreed in their understanding of the General Agreement of Tariff and Trade's (GATT) policy for agriculture during the Uruguay Round of GATT negotiations in 1993. The US is for large subsidy reductions while the EC opposes them. The final agreement on agricultural reforms and granting credit will be different from the agreement envisaged by the US.

Negotiation, mediation and arbitration, European Union, European Community

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A paradigm shift: the future of retirement

Article Abstract:

The retirement years for baby boomers will either be very good or very grim due to the future demise of Social Security. Those who prepare financially for this will most likely be in the first category. They consist of only 46% of the boomer populace as of the last count by Putnam Investments.

Management, Finance, Retirement planning, Retirement income, Baby boom generation

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