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Group 1 Session: How might Ford Motors be affected by trends in Employment Law?

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Employment Law - Group 1

Briefly describe your reference organization (type of business, number of employees, unionized or not, and its HRM structure/organization). Please assess the degree to which your organization may be affected by recent updates and trends in federal and state employment law, and what if anything your organization may need to do to ensure that it is in compliance with these updates.

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The Response Addresses the Queries Posted in 784 Words, APA References

Ford Motors Company: Employment Law

Introduction

Human Resource Management plays an important role in the success of an organization in the competitive market place. The organizations have to focus on following the federal and state employment law while developing the HR system. Along with this, the HR policies and procedures of the organization should also comply with the legal framework of business environment (Bratton & Gold, 2001). The company selected for the study is Ford Motors. The HR framework, HR policies and their compliance with the federal and state employment law will be discussed in detail in this paper.

HRM Structure of Ford Motors

Ford Motors Company is one of the successful multinational companies of United States and the company is managing its operations in the global market successfully. The company operates in the automobile industry with the assistance of its subsidiaries, such as Automotive Components Holdings, Mazda, etc. The company manufactures cars and auto parts for selling in the global market. The company has 90 plants in the global market and has a big human resource of 300,000 employees for making its operations successful (Ford Motor, 2009).

There is well defined union structure in the company, which assists in managing the human resource and their issues in an effective manner. The presence of union in the company assists the employees in getting economic ...

Solution Summary

This solution discusses the role of human resource management at Ford Motors in 784 Words, APA References

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Discuss trends, financial position, ratios, etc. For example, it may be helpful to discuss inventory turnover when assessing inventory valuation risk.
Obtain the 2010 financial statements and notes (annual report or 10-K) for Monro Muffler Brake, Inc. (MNRO). Use Tenneco for a benchmark and comparison purposes. This means ratios must be completed for both companies (but a description of the company only needs to be done for Monro).

To assess a company's financial statements, think specifically about: (1) the types of underlying transactions and events that affect the company, (2) how well the financial accounting rules (i.e., GAAP) reflect those transactions and events, (3) the aggressiveness or conservatism of management's accounting choices, and (4) how the annual report helps you assess the company's risks, financial position, and profitability.

For each item below, provide an easy to read and understandable presentation of the facts for your company. There should be a brief description of the items (Monro) and computational analysis (ratios).

LONG-TERM DEBT, CONTINGENCIES AND LEASES:
? Description of long-term debt
? Major leasing activities (if any) and types of leases involved
? Business reasons for, and importance of leasing activities
? Other significant liabilities disclosed for contingencies, warranties or commitments and their importance

Things to consider: Description of debts, Debt Percentage, Operating leases vs Capital leases, Present Value of bonds and leases, etc.

Link for Munro 10K:
http://quote.morningstar.com/stock-filing/Annual-Report/2011/3/26/t.aspx?t=XNAS:MNRO&ft=10-K&d=494a5ad12f3cde1f4e477c4bd3c24f2b

Link for Tenneco 10K:
http://www.tenneco.com/media/annualreport/pdfs/Tenneco-2010-10-K.pdf.

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