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Business Finance Assignment Collections – assignmentcollections.com

The executive leadership of ACME Company, Inc. believe they can reduce their expenses (and in turn increase profits) when it comes to the Family and Medical Leave Act (FMLA). Currently, the company’s policy on FMLA is as follows: for an eligible employee ACME provides up to 15 weeks of leave per year for covered conditions and they also provide 25% paid leave. ACME employs 750 people with an average per person salary of $50,000. Annually, ACME averages 10 employees out on FMLA. All employees on FMLA use the full 15 weeks annually. Leadership decides to ask Mary for her recommendation, since she is the HR professional.For this project assignment on ACME Company, Inc. complete a minimum of three pages that addresses the following concepts:

  • The key features and purpose of the Family and Medical Leave Act (FMLA).
  • The minimum legal requirements of FMLA.
  • The advantages and disadvantages of keeping the current company policy and changing the policy to meet minimum legal requirements.
  • If you were Mary, what would be your recommendation? Explain.

Make sure to include an APA formatted title page and reference page for sources that you may have used for your research. Remember to follow APA guidelines for in-text citations when paraphrasing or quoting information.

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