Thursday, March 12, 2020

Biography of Amelia Earhart, Pioneering Female Pilot

Biography of Amelia Earhart, Pioneering Female Pilot Amelia Earhart (born Amelia Mary Earhart; July 24, 1897–July 2, 1937 [date of disappearance]) was the first woman to fly across the Atlantic Ocean and the first person to make a solo flight across both the Atlantic and the Pacific oceans.  She also set several height and speed records in an airplane. Despite all these records, Amelia Earhart is perhaps best remembered for her mysterious disappearance on July 2, 1937, which has become one of the enduring mysteries of the 20th century. Fast Facts: Amelia Earhart Known For:  The first woman to fly across the Atlantic Ocean, the first person to make a solo flight across both the Atlantic and the Pacific oceans, mysteriously disappeared flying over the Pacific Ocean on July 2, 1937Also Known As:  Amelia Mary Earhart, Lady LindyBorn:  July 24, 1897 in Atchison, KansasParents: Amy and Edwin EarhartDied:  Date unknown; Earharts plane vanished on July 2, 1937Education: Hyde Park High School, Ogontz SchoolPublished Works: 20 Hrs., 40 Min.: Our Flight in the Friendship,  The Fun of ItAwards and Honors: Distinguished Flying Cross, Cross of Knight of the  Legion of Honor, Gold Medal of the  National Geographic SocietySpouse: George PutnamNotable Quote: â€Å"The most effective way to do it is to do it.† Early Life Amelia Mary Earhart was born  on July 24, 1897, in Atchison, Kansas to Amy and Edwin Earhart. Her father was a lawyer for a railroad company, a job that required frequent moving, so Amelia Earhart and her sister lived with their grandparents until Amelia was  12. As a teenager, Amelia moved around with her parents for a few years, until her father lost his job due to a drinking problem. Tired of her husband’s alcoholism and the family’s increasing money troubles, Amy Earhart moved herself and her daughters to Chicago, leaving their father behind in Minnesota. Earhart graduated from Chicago’s Hyde Park High School and went on to the Ogontz School in Philadelphia. She soon dropped out to become a nurse for returning  World War I  soldiers and for victims of the  influenza epidemic of 1918. She made several attempts to study medicine and she worked as a social worker, but once she discovered flying, aviation became her sole passion. First Flights In 1920 when she was 23 years old, Earhart developed an interest  in airplanes. While visiting her father in California, she attended an air show and decided to try flying for herself. Earhart took her first flying lesson in 1921. She received her â€Å"Aviator Pilot† certification from the Federation Aeronautique Internationale on May 16, 1921. Working several jobs, Earhart saved up the money to buy her own airplane, a small Kinner Airster she called the  Canary. In the  Canary, she broke the women’s altitude record in 1922 by becoming the first woman to reach 14,000 feet in an airplane. The First Woman to Fly Over the Atlantic In 1927, aviator  Charles Lindbergh  made history by becoming the first person to fly non-stop across the Atlantic, from the U.S. to England. A year later, publisher George Putnam tapped Amelia Earhart to be the first woman to fly across the Atlantic- as a passenger. The pilot and navigator were both men. On June 17, 1928, the journey began when the  Friendship, a Fokker F7, took off from Newfoundland, Canada bound for England. Ice and fog made the trip difficult and Earhart spent much of the flight scribbling notes in a journal, while Bill Stultz and Louis Gordon handled the plane. 20 Hours, 40 Minutes On June 18, 1928, after 20 hours and 40 minutes in the air, the  plane landed in South Wales. Although Earhart said she did not contribute any more to the flight than â€Å"a sack of potatoes† would have, the press saw her accomplishment differently. They started calling Earhart â€Å"Lady Lindy,† after Charles Lindbergh. Amelia Earhart became an instant celebrity as a woman aviator. Shortly after her trip, Earhart published the book 20 Hrs., 40 Min.: Our Flight in the Friendship, which detailed her experiences. She began to give lectures and fly in shows, again setting records. More Record-Breaking In August 1928 Earhart flew solo across the United States and back- the first time a female pilot had made the journey alone. In 1929, she founded and participated in the Woman’s Air Derby, an airplane race from Santa Monica, California to Cleveland, Ohio. Earhart finished third, behind noted pilots Louise Thaden and Gladys O’Donnell. In 1931, Earhart married George Putnam. This same year she co-founded a professional international organization for female pilots. Earhart was the first president. The Ninety-Niners, named because it originally had 99 members, still represents and supports female pilots today. Earhart published a second book about her accomplishments,  The Fun of It, in 1932. Solo Across the Ocean Having won multiple competitions, flown in air shows, and set new altitude records, Earhart began looking for a bigger challenge. In 1932, she decided to become the first woman to fly solo across the Atlantic. On May 20, 1932, she took off again from Newfoundland, piloting a small Lockheed Vega. It was a dangerous trip: clouds and fog made it difficult to navigate, her plane’s wings became covered with ice, and the plane developed a fuel leak about two-thirds of the way across the ocean. Worse,  the altimeter  stopped working, so Earhart had no idea how far above the ocean’s surface her plane was- a situation that nearly resulted in her crashing into the water. Touched Down in a Sheep Pasture in Ireland In serious danger, Earhart abandoned her plans to land at Southampton, England, and made for the first bit of land she saw. She touched down in a sheep pasture in Ireland on May 21, 1932, becoming the first woman to fly solo across the Atlantic and the first person to fly across the Atlantic twice. The solo Atlantic crossing was followed by more book deals, meetings with heads of state, and a lecture tour, as well as more flying competitions. In 1935, Earhart made a solo flight from Hawaii to Oakland, California, becoming the first person to fly solo from Hawaii to the U.S. mainland. This trip also made Earhart the first person to fly solo across both the Atlantic and Pacific Oceans. New Goals Not long after making her Pacific flight in 1935, Amelia Earhart decided she wanted to try flying around the entire world. A U.S. Army Air Service crew had made the trip in 1924 and male aviator Wiley Post flew around the world by himself in 1931 and 1933. Earhart had two new goals. First, she wanted to be the first woman to fly solo around the world. Second, she wanted to fly around the world at or near the equator, the planet’s widest point: The previous flights had both circled the world much closer to the  North Pole, where the distance was shortest. The Most Difficult Point in the Trip Earhart and her navigator Fred Noonan plotted their course around the world. The most difficult point in the trip would be the flight from Papua New Guinea to Hawaii because it required a fuel stop at Howland Island, a small coral island about 1,700 miles west of Hawaii. Aviation maps were poor at the time and the island would be difficult to find from the air, but the fuel stop was necessary. During last minute preparation for the flight, Earhart decided not to take the full-sized radio antenna that Lockheed recommended, instead opting for a smaller antenna. The new antenna was lighter, but it also could not transmit or receive signals as well, especially in bad weather. The First Leg On May 21, 1937, Amelia Earhart and Fred Noonan took off from Oakland, California, on the first leg of their trip. The plane landed first in Puerto Rico and then in several other locations in the Caribbean before heading to Senegal. They crossed Africa, stopping several times for fuel and supplies, then went on to  Eritrea, India, Burma, Indonesia, and Papua New Guinea. There, Earhart and Noonan prepared for the toughest stretch of the trip- the landing at Howland Island. Since every pound in the plane meant more fuel used, Earhart removed every non-essential item- even the parachutes. The plane was checked by mechanics to ensure it was in top condition. However, Earhart and Noonan had been flying for over a month straight by this time and both were tired. Last Leg On July 2, 1937, Earhart’s plane left Papua New Guinea  heading toward Howland Island. For the first seven hours, Earhart and Noonan stayed in radio contact with the airstrip in Papua New Guinea. After that, they made intermittent radio contact with a Coast Guard ship patrolling the waters below. However, the reception was poor and messages between the plane and the  ship were frequently lost or garbled. The Plane Disappears Two hours after Earhart’s scheduled arrival at Howland Island, on July 2, 1937, the  Coast Guard ship received a final static-filled message that indicated Earhart and Noonan could not see the ship or the island and they were almost out of fuel. The crew of the  ship tried to signal the ship’s location by sending up black smoke, but the plane did not appear. Neither the plane, Earhart, or Noonan were ever seen or heard from again. Naval ships and aircraft began to search for Earharts aircraft. On July 19, 1937, they abandoned their search and in October 1937, Putnam abandoned his private search. In 1939, Amelia Earhart was declared legally dead in a court in California Legacy During her lifetime, Amelia Earhart  captured the imagination of the public. As a woman daring to do what few women- or men- had done, at a time when the organized womens movement had virtually disappeared, she represented a woman willing to break out of traditional roles. The mystery of what happened to Earhart, Noonan, and the plane has not yet been solved. Theories say they might have crashed over the ocean or crashed on Howland Island or a nearby island without the ability to contact help. Other theories have proposed that they were shot down by the Japanese, or were captured or killed by the Japanese. In 1999, British  archaeologists claimed to have found artifacts  on a small island in the South Pacific that contained Earhart’s DNA, but the evidence is not conclusive. Near the plane’s last known location, the ocean reaches depths of 16,000 feet, well below the range of today’s deep-sea diving equipment. If the plane sank into those depths, it may never be recovered. Sources â€Å"Amelia Earhart.†Ã‚  American Heritage.Burke, John.  Winged Legend: The Story of Amelia Earhart. Ballantine Books, 1971.Loomis, Vincent V.  Amelia Earhart, the Final Story. Random House, 1985.

Tuesday, February 25, 2020

How new media has changed the way in which individuals communicate Coursework - 1

How new media has changed the way in which individuals communicate - Coursework Example Information and communication technologies are numerous, segmented but that they are characterized by two important dimensions - that of its pervasiveness and the connectivity of the technological platforms/media that is anytime and anywhere. The Internet and the Global Village Unarguably, the Internet is central to the sophistication of information and communication. It has enabled people - through their computer systems and mobile network devices - to be networked together so that they interact real-time. A resident in London, for instance, could chat with a friend from Chile, read an on-going news story about what is happening in Libya and buy some apparel from a manufacturing outfit in China. All these feats could be accomplished at the same time, from the comfort of the Londoner's own home and just with some clicks of his mouse. It is easy to understand how people regard the Internet as a blessing for the sheer reason that it makes life so much easier and for knowledge to be gai ned at the speed of light. Presently, the global Internet users are fast approaching its 2 billionth mark. (World Internet Usage 2011) Because of this, the Internet became a platform for communication as well as a form of digital community that people could take advantage of for whatever objective, cause and purpose they have. For example, there is the issue of online trade or more popularly known as e-commerce. Organizations through the Internet gain access to millions upon millions of consumers to sell goods and services. At the other end of this equation, there are also those millions who turn to the medium in order to find and buy goods and services. Today, trade of all kinds and in all volumes peruses the Internet as an integral part of the sales process because it eliminates several steps and barriers in ordinary trading process. Because of the Internet's capability, production and sale of goods and services has become cost efficient, benefitting the producer and the consumer in the process. The type of communication offered by online infrastructure has provided users a facilitated way by which their economic or commercial needs are satisfied. Online trade and marketing are now so sophisticated that they are permeate people’s online lives. There is also the use of the Internet by marketers, news organizations, cause-oriented groups, and other users that seek to disseminate information so that they could shape public opinion and, hence, influence their behavior and those of the policy networks’. The Internet forms part of many corporations initiative to build brands, cultivate customer relationship and dispense excellent customer service – all designed to gain competitive advantage. Cause-oriented groups could use the medium in their strategy to inform the public about their activities. All in all, the Internet has achieved the status of the traditional media in terms of usage and integrity making it one of the platforms that public c ame to rely on. Information Access If one has to consider the way Internet works - how content could be produced and accessed by several people simultaneously - it becomes easy to understand how it has become a valuable tool in education. Online classrooms, podcasts and webinars are excellent demonstrations of how people tap the Internet to learn. For example, many South Koreans and Chinese used to go abroad in order to learn the English language. Recently, however, an increasing number of online classrooms have become alternative destinations for these learners. Through the

Sunday, February 9, 2020

Various Aspects of Life of the Oromo People Research Paper

Various Aspects of Life of the Oromo People - Research Paper Example However, as distinguishing factors, African communities have different cultural practices and beliefs. According to Freund2, societal beliefs and practices, which define each community, are used to distinguish various African communities. Traditional practices and beliefs are, thus, used to describe each ethnic community. Inhabitation of various parts of Africa mainly depended on geographical factors, such as accessibility, topography, and nature of a place at different weather conditions. Even though each African community was and is still distinguishable from other communities, certain issues, nevertheless, brought the communities together. Examples of the factors include economic, social, and religious accords among various communities. According to Freund3, most African communities have not only settled in Africa, but also inhabit other continents. Example of such communities is the Oromo people. The community has the highest population in Africa and considerable numbers in Ameri ca and Saudi Arabia. Therefore, while discussing the community, focus is directed to Africa. This paper explores the Oromo community. Background of the Community The name â€Å"Oromo† means â€Å"the powerful.† Triulzi4 informs that several suggestions attempt to explain origin of the name. One postulate argues that the name is associated with the river Oromiffa. Levine (Greater Ethiopia, 45) also claims that the name was coined from â€Å"qaala laa† an Arabic word. Galla is another name used to refer to the community. The term â€Å"Galla† is used mostly by Amhara to refer the community. Abyssinians, on the other hand, use derogatory characteristics to describe the group5. The offensive names, which include â€Å"pagan,† â€Å"slave,† â€Å"uncivilized,† or uncultured, are meant to generate inferiority complex within the community. Members of the community, however, insisted on the name â€Å"Oromo† because it described the st rength or self-defense of the community. Oromo community is a member of Cushitic-speaking individuals. The native language of the community is Oromo. The language is part of an Afro-Asiatic language family. The community is estimated to have a population of 30 million members. In Africa, the community is largely found in Ethiopia, Kenya, and Somalia. In Ethiopia, census carried in 2007 revealed that 34.49 percent of the entire population of the country was Oromoota. Records indicate that the Oromo occupy eastern and north-eastern Africa. Migration and Demographic Information Mohammed6 asserts that Oromo community is an ancient group in Africa. The author claims that physical features, language, culture, and various other aspects of life conform to traditions of African societies, with slight variations. Ethiopia, which is the main settlement region for the community, has an approximate of 74 ethnically diverse language groups7. Because population of the country is majorly the Oromo, individuals of the community significantly contribute to development of the country in various capacities. Based on the report published by United Nations Population Fund, about 95 % are settled agriculturalists.

Thursday, January 30, 2020

Television violence Essay Example for Free

Television violence Essay * Children watch an average of four hours of television daily. Television can be a powerful influence in developing value systems and shaping behavior. Unfortunately, much of todays television programming is violent. Hundreds of studies of the effects of TV violence on children and teenagers have found that children may : * Become immune or numb to the horror of violence * Gradually accept violence as a way to solve problems * Imitate the violence they observe on television * Extensive viewing of television violence by children causes greater aggressiveness. Children who view shows in which violence is very realistic, frequently repeated or unpunished, they are more likely to imitate what they see. Children with emotional, behavioral, learning or impulse control problems may be more easily influenced by TV violence. The impact of TV violence may be immediately evident in the childs behavior or may surface years later. Young people can even be affected when the family atmosphere shows no tendency toward violence. * While TV violence is not the only cause of aggressive or violent behavior, it is clearly a significant factor. Parents can protect children from excessive TV violence in the following ways: * pay attention to the programs their children are watching and watch some with them * set limits on the amount of time they spend with the television; consider removing the TV set from the childs bedroom * point out that although the actor has not actually been hurt or killed, such violence in real life results in pain or death * refuse to let the children see shows known to be violent, and change the channel or turn off the TV set when offensive material comes on, with an explanation of what is wrong with the program * disapprove of the violent episodes in front of the children, stressing the belief that such behavior is not the best way to resolve a problem * to offset peer pressure among friends and classmates, contact other parents and agree to enforce similar rules about the length of time and type of program the children may watch * Parents can also use these measures to prevent harmful effects from television in other areas such as racial or sexual stereotyping. The amount of time children watch TV, regardless of content, should be moderated because it decreases time spent on more beneficial activities such as reading, playing with friends, and developing hobbies. If parents have serious difficulties setting limits, or have ongoing concerns about their childs behavior, they should contact a child and adolescent psychiatrist for consultation and assistance.

Wednesday, January 22, 2020

Should Canadian Teenagers be Allowed to Work before Turning 18? Essay

Today our topic is Canadian teenagers shouldn't be allowed to work before 18 years old .UNICEF defines child labor as, â€Å"work that exceeds a minimum number of hours, depending on the age of a child and on the type of work. Such work is considered harmful to the child and should therefore be eliminated.†But in 21thcentury, the temptation increase, coupled with the influence of the mentality, More and more teenagers give up study to get a job. Recently the problem of child labor in Canada has aroused people's concern. Teenagers give up study to get a job has brought a lot of benefits but has created some serious problems as well. Nowadays Child labor in Canada has become a problem a problem we have to face. We believed that Canadian teenagers shouldn't allow to get a job before 18 years old. In the first place, Study is the most important thing. But if we find a job, we can't get good education. If children miss school and the proper education that could enable them to find better-paid jobs in their adult lives. Also under the same conditions, the company will usually preferred experienced students, I am very argue that in that today's society, the company is need comprehensive talents, but comprehensive talent is built on the basis of professional knowledge. Moreover, the experience of you wash the dishes, tutoring, waiter, It might not the company want . From the point of the type of job for teenagers, They are always hand out leaflets, the waiter, promoters and tutor. But if I was standing in the other debater's point of view, Find a job is to get social experience, but these job's capacity can also get in high school or university 's activity. More important is these works are not related with professional and future employm... ...me of we study. No doubt Canadian teenagers shouldn't be allowed to work before 18 years old. Early find a job is bad for children, It can let them have bad opinion for money. Let them think money is too important for them. They want to get more money, but work in restaurant or some small places cannot get too much money, so they find bad job, Child prostitution is the most issues. When we hear child prostitution, many people think of sex tourism in Thailand, But Actually can it be found in every country. Child prostitution is the commercial sexual exploitation of children in which a child performs the services of prostitution. They sell their bodies on the streets or in apartments. Young teenagers don't have right idea of money, More and more teenagers give up study to do this bad job. It is urgent that immediate measures should be taken to stop the situation.

Monday, January 13, 2020

Managing Employee Compensation and Benefits Essay

Introduction Libraries and Information Centres’ services in Nigeria are being regarded as humanitarian services and therefore issue of compensation and benefits are not well defined. However, other forms of financial assistance embedded in the Nigeria civil service rule include things like Monetization, National Health Insurance Scheme, Contributory Pension, and Pension Benefits; all of which staff of Libraries and Information Centres also benefit from. Aside this is the Annual Appraisal Form (Aperform) that contains basic requirements expected of an employee before he can be promoted. Nigerian Universities also makes use of this to assess staff in order to determine their remuneration as at when due. For corporate body organizations where special libraries and information centres form part of the organization, compensation and benefits will depend on the annual appraisal or job satisfaction based on criteria spell out in their organization’s handbook. Evaluation forms also contains inter alia: what you are expected to do according to your job descriptions, your relationship with staff, creativity, sense of direction, delegation of duty, which will be rated as either fair, good, very good, satisfactory and excellence. All these indices hinges on employees’ performances. Though an employer compensates his employee with motivation and benefits based on job performance, there is need for job satisfaction. Every employer expects certain degree of result oriented services that would fall in line with his vision and mission while every employee demands job satisfaction. Ordinarily, the management of people at work is an integral part of the management process, put differently, managers need to understand the critical importance of people in their organizations so as to recognize that the human element and the organization are synonymous. (Tella, Adeyemi, and Popoola, 2007) Therefore, it is imperative to compensate an employee with benefits if he merits it. Cascio (2003) opines that because of the importance that compensation holds for people’s lifestyle and self-esteem, individuals are very concerned about what they are paid – a fair and competitive wage, while organizations are also concerned about what they pay because it motivates important decisions  of employees about taking a job, leaving a job and on the job performance. Compensation as a concept according to (Bernadin, 2007) refers to all forms of financial returns and tangible benefits that employee receives as part of employment relationship. Compensation as it were is divided into two parts and these are cash compensation which is the direct pay provided by employer for work performed by the employee and fringe compensation which refers to employee benefit programs. Cash compensation has two elements which include base pay and pay contingent. Base pay has to do with hourly or weekly wages plus overtime pay, shift differential and uniform allowance while pay contingent is concerned with performance allowances such as merit increases, incentive pay bonuses and gain sharing. Fringe compensation on the other hand refers to employee benefits programs. Fringe compensation also has two parts to it which are legally required benefit programs and discretional benefits. Legally required benefit programs include social security, workers compensation while discretional programs include health benefits, pension plans, paid time off, tuition reimbursement, recognition award, foreign service premiums, responsibility allowance, child care, on campus accommodation, promotion, annual increment and a host of others ( Cascio, 2003; Dessler, 2005; Bernadin,2007). Benefits, in a nutshell are the indirect financial and non-financial payments employees receive for continuing their employment with an organization. The concept of employee compensation and benefits cannot be discussed in a vacuum. Various studies have established that salaries and benefits are closely related to job satisfaction (St. Lifer, 1994); and job satisfaction can bring about motivation which in turn affects employee job performance and organizational commitment. Statement of the Problem If one turns his attention solely to academic libraries in Nigeria, it has been observed that certain compensation and benefits enjoyed by faculty lecturers are not extended to practicing academic librarians. The reason may not be farfetched in the sense that the edict that established universities has always considered the university library as a supporting unit, thus placing it and its employees as a second value. This study therefore aims at identifying those benefits and compensation enjoyed by academic staff and  denied professional libraries and its effects on librarians’ job performance and satisfaction; with a view to recommending a way out of the situation. Objectives of the Study This study seeks to achieve the following objectives: 1. To identify the various forms of benefits provided for by library employers. 2. To establish other forms of compensation that academic librarians would like to enjoy outside their salary. 3. To ascertain if there are any other types of benefits enjoyed by their counterparts within the organization that is not extended to them. 4. To establish the relationship between compensation, benefits and job satisfaction among academic librarians Reaction The findings of this study revealed that there is a relationship between employee compensation and job satisfaction as 66.75% of the participants affirmed that they are satisfied with the salary they receive. This is in agreement with St. Lifer (1994) who stated that salaries and benefits are related to job satisfaction. Even at that, 68.6% of the participants would like to be paid overtime/shifting allowance in addition to their salary while 83.3% suggested hazard allowance. However, 29.4% of the participant who probably are sectional heads suggested responsibility allowance. This may not be out of place since their counterparts in the faculty who are heads of departments receive responsibility allowance. After all, some sections of the library have the same number of personnel or more than we have in the departments. Also, the following forms of benefits as revealed by the study are enjoyed by library personnel though at a different level and various percentages. In other of their rating from Babcock University they are: health care, pension, in- service training, retirement plans, child care and conferences/workshop allowance. From University of Lagos, ratings are as follows: in- service training, annual leave, conferences and workshops, promotion, health care, pension and social security. From Lagos State University: annual increment, on campus accommodation in-service training, health care and child care. Findings revealed that insignificant number of participants benefitted from other forms of employee benefits  such as on – campus accommodation, foreign service premiums, tuition refund, reversal of wrong done and conferences/seminars. However, some of the benefits are not available at all to some of the participants. These include: social security, Foreign Service premiums, and on- campus accommodation. The study has revealed that apart from the available forms of benefits to participants, there are others enjoyed by their counterparts in the faculty which they are exempted from. This finding has shown some level of inequity in benefits within these organizations and so cannot be said to be satisfactory. After all satisfaction on a job could be motivated by the nature of the job, its pervasive social climate and extent to which workers peculiar needs are met (Tella, Ayeni, Popoola, 2007); and working condition that are similar to that of other professions in the locality (Oshagbemi, 2000). Other salient issues raised by participants ranged from exclusion from teaching course work especially that which has to do with students’ use of library which has been hijacked by faculty academic staff, to late night closing without any arrangement on how they will get to their various destinations. This exposes personnel to danger and constitutes security risk. Also some of the respondents complained of not benefitting from some of the internally generated revenue from non-degree awarding programs available in these institutions even when they are made to serve this group of users; whereas their counterparts at faculty benefit from the proceeds. Conclusion and Recommendations Compensation plays an important role in the recruitment and retention of librarians. Though librarians in academic libraries these days enjoy significant increase in their salaries and benefits that are generally provided by their parent institutions, there is still room for improvement. This study has revealed that in some universities, this group of people is denied some benefits that are being enjoyed by their counterparts in the faculty which may be as a result of the library being seen as a support unit of the university. There may be need for university policy makers to review this concept and see university libraries and librarians as integral part of the educational institution. The academic library human resource specialist should therefore set in motion strategies to address especially benefits packages available to library employers across board; as well as creating a  work environment that is appreciative of its employees and conducive to professional growth. The concept of work life balance (Switzer, 2004) which is valued by today’s library employee should be understood and embraced by library human resource specialist. High Income Earners Benefits & Compensation Case Study The Situation: Sam, age 58, and Susie, age 54 Three children living independently Two grandchildren Sam is a top executive of a large company with significant compensation and a benefits package with many options. Sam and Susie’s combined balance sheet tops $8 million, including some concentration in Sam’s employer stock. As Sam and Susie near retirement age, they want to be sure that they make the right financial decisions, particularly in regard to Sam’s company restricted stock awards and stock options. They have a number of things they want to do in retirement, including buying a second home and gifting to their children and grandchildren. They know the importance of making smart choices today to be able to meet these goals but need some direction. The Solution: Payne Wealth Partners’ professional team would start by developing a deep understanding of Sam’s compensation and benefits package including studying company documents and discussing each plan with his human resource department. Next, we would prepared a wealth plan illustrating where Sam and Susie stand today financially and what their future balance sheet may look like under different circumstances. By coordinating choices regarding Sam’s restricted stock awards and stock options — along with all of the other activity in their financial lives — we would be able to maximize the value realized from these company benefits. Additionally, we would work closely with Sam and Susie’s CPA to assure our recommended strategies were tax efficient and feasible, given their income tax picture. Our professional  team would be closely involved in developing and executing key strategies for exercising stock options. An important consideration would be Sam and Susie’s concentration in employer stock, with possible strategies designed to exit positions in a way that were efficient, yet still increased Sam and Susie’s chances of meeting their life goals. Payne Wealth Partners would be recommending an investment management program that considered their present employer stock concentration and that was accompanied by ongoing reporting permitting comparison to appropriate benchmark indexes. Their personal wealth plan would be the platform for relating Sam and Susie’s assets and earnings to their goals as it was revisited and updated over the years. Written recommendations for action items would been integral in staying focused and organized in these complex areas.

Sunday, January 5, 2020

Marx, Media and Society Free Essay Example, 2250 words

To gain an idea of how this ideology actually applies in the working world, it is helpful to take a closer look at a representative film such as Trading Places. The movie opens making the distinction between classes as it displays credits on a changing backdrop depicting scenes of opulence and privilege being conducted by mostly white men and scenes of abject poverty filled with mostly black men. One of the most impacting scenes in this opening montage involves the juxtaposition of the newspaper on the doorstep. This icon of American life is seen neatly folded and awaiting the fully suited butler to collect it from the doorstep of a neat and trim brownstone. It is also seen scattered across the doorstep of a run-down tenement building, partially covering the sleeping black man who has obviously been using it as his only source of warmth as he slept through the night. Viewers are also treated to images of groups of black men gathered around a fire lit inside a trashcan, gathering wha t warmth they can as they drink their breakfast from out of cans or bottles hidden within brown paper bags. We will write a custom essay sample on Marx, Media and Society or any topic specifically for you Only $17.96 $11.86/page The film places a large degree of emphasis upon social class and status, again reinforcing the traditionally held ideology that material wealth is the ultimate goal which can only be obtained by allowing capital to create wealth, thus reinforcing the appearance of capitalism and obscuring the reality. Significantly, while Billy Ray is seen as a jobless beggar on the streets at the opening of the movie, Louis Winthorpe s life seems hardly more disturbed by actual work than Billy Ray s.