TD 4 MGT- 412 Employee Benefits Essay Example | Topics and Well Written Essays - 250 words

TD 4 MGT- 412 Employee Benefits - Essay Example Tom Baker & Jonathan Simon combine the ideas of different authors and present them in the form of a book to deal with the changing culture of insurance and organizational responsibility. The commentaries presented in this book discusses the significant changes in insurance including the expansion of the social insurance sector, advanced social security program, then formation of programs such as Medicaid, Medicare, and natural disaster insurance, (Baker & Simon, 2002). The Employee Benefits Law Report (2015), it reveals a serious debate about Obamacare and questioning the functionality of Affordable Care Act. The American Supreme Court determined a case between King v. Burwell, that raised the issue the composition of the terminologies in the body of ACA imply that subsidies payable by the state to cover the cost of health care are only obtainable to those living in the U.S and have formed their healthcare exchanges. The plaintiff’s arguments were that the subsidies should not be given to citizens who have established their medical care exchanges. The concern, in this case, is the millions of Americans would lose medical cover if they lose the right to the subsidies. Mchugh, R. (2015). Employee Benefits Law Report | Reporting on Recent Trends and Developments Affecting Employee Benefits. Employeebenefitslawreport.com. Retrieved 5 April 2015, from

Fiedler and Garcias Cognitive Resource Theory Essay

Fiedler and Garcia - Essay Example The theory predicts that uncertainty and stress are the two factors, which worry a leader. Fiedler connects this to his Least Preferred Co-worker Theory (LPC theory) where a high LPC leader will be more likely to give high scores to the people he has worked with earlier while a low LPC leader will be more inclined to assign low scores for the same. When the control of a leader over a situation and his LPC score are in tune with each other, good performance of leadership will result. Again, when a low LPC score leader is in a situation of moderate control and high LPC leaders are in situations of high control or low control, the LPC and situational control are not in line with each other. The transition from his â€Å"in match† condition to the not â€Å"in match† condition will bring about stress and worries in the leader owing to a â€Å"perceived inability to deal with situations of this nature† (Miner, 2005, p.250). When a particular circumstance causes anxiety in the leader he tries to gain confidence from his â€Å"previous successful reinforced behavioral patterns†. On one hand, the effective level finds this behavior has dealt with earlier cases of dealing with interpersonal issues while on the other hand, the cognitive level finds that such behaviors show what one learned from experience. The efficacy of the behavior of the leader is conditioned by the matching of the situations’ demands and the leader’s response to the same. Thus the model works under two assumptions. First, managers let their subordinates know their plans via directive behavior and second, leaders with greater experience and smartness have better decision-making ability than the ones who are less intelligent or experienced. Hence, one may say that when a leader is under stressful conditions, intelligence does not function efficiently or with full effect and even might have a negative impact. A leader should search for previous experience under similar situations from where he might derive some strength and decision making power. Again under a high-stress scenario, the intelligence is often damaged, but experience might help the leader respond well to the situation. Again when the task is simple then the leaders’ effectiveness does not matter because even the subordinate will be able to handle it. (Cognitive Resource Theory n.d.) Therefore when the situation is stressful a leader with greater experience will be more reliable to handle it. When a leader has the lesser level of experience he should undertake relatively stress-free assignments and the level of stress should be gradually increased with experience.