Federal financial aid in relation to rising tuition costs Essay

Federal financial aid in relation to rising tuition costs - Essay Example It never seems that governmental intervention is desired in most businesses and likely colleges and universities are no different. Those who might argue against the partial cost reimbursement program might suggest that this is a form of price control (Hauptman, 1998) which would give governmental regulators considerable authority over university and college business. However, the evidence does not suggest that partial reimbursement of tuition costs is price control rather it is designed to lessen the burdens on tuition-paying students, especially those with lower-level income brackets. Additional arguments related to price control might suggest that this would be a tactic to create a form of competitiveness between rival universities and colleges, at a time when consumer incomes are down, to give some universities with a higher financial portfolio an edge over less-affluent or cash-rich universities. From a microeconomic perspective, the activities of the college or university related to reimbursement programs might ensure a higher volume of interested students than those universities which do not provide partial cost reimbursements. This would not be a value to the student if they were denied partial reimbursements to assist with day-to-day needs such as clothing and in-house meals. Partial cost reimbursement would also provide students with the necessary tools to succeed. Morris and Maisto (2005) offer a unique theory of human needs proposed by psychologist Abraham Maslow in which the needs of students start out at the most basic, such as food and water (physiological) and progress through a series of stages until they reach self-actualization, or the pinnacle of their human capacity. Under this model, it is theorized that no individual can progress through self-development until basic fundamental needs are met. The partial cost reimbursement program, as modeled by Maslow’s theory, would provide students with a wide variety of physiological

HUMAN RESOURCES MANAGEMENT Essay Example | Topics and Well Written Essays - 500 words

HUMAN RESOURCES MANAGEMENT - Essay Example For example, the general management will avail the resources required and give signatories to implement the strategy; hence they need to be aware of the strategy and its implications on the operations of the company. Providing all the information about the business strategy to the general management is vital in ensuring that they give a go ahead so that the strategy is implemented. The human resource organizational strategy, which will make their policies work, is one that divides the role of decision making among the employees, which is referred to as employee or labor relations (Abella, 2004). For example, different groups will be assigned different tasks, which they will be responsible for and ensure that the tasks they are assigned are accomplished. Sharing decision-making makes employees comfortable with their job since they will have a feeling of self worth. Consequently, this will enhance the operations of the company and productivity will rise. In addition human resource can use a compensation strategy, which will see that the hard working employees are given bonuses for the extra work they do. To be a stage 6 manager in the construction company, the manager needs ensure that their practices are directed towards achieving the goals the company has set within the time provided while taking care of the needs of every worker (Armstrong, 2008). The manager should use orientation where he will ensure that all the workers are protected in terms of justice and welfare, which will be the same for everyone in the company. The manager should ensure that every worker is entitled to a medical cover and incase of injury or sickness, they are treated promptly and in the best way. He should also ascertain that workers are entitled to joining unions, which will be responsible for forwarding their complaints to the management. Furthermore, the manager should ensure that his motives are moral and should be