Stan Burgermeister, 56 years old, works as a short-order cook in a local diner. Stan has an annual salary of $32,000. Stan's employer recently set up a 401(k) plan. He may defer up to 15% of his gross salary each year, and his employer will make matching contributions up to 6% per year. This year, Stan agreed to the full 15% salary reduction. Stan also has a small IRA balance of $200,000 (from his previous employer plan that was rolled over) tied up in money market accounts and some publicly traded stock.Based on what you know about Stan, pick one of the following questions, change your subject line, and address the question in your post. Do not answer all of the questions. You may instead comment on your classmates' posts or on my comments.How much will Stan contribute to the 401(k) plan?How much will his employer contribute as a matching contribution?What amount of compensation will Stan have to pay federal tax on this year? What is the formula?What amount will Stan have to pay in Social Security taxes? What is the formula?If Stan is married, can his nonworking spouse contribute to an IRA? If yes, what type? What IRC sections allow for this?What other retirement planning could Stan pursue? Think outside of the box.

During this group assignment, students will use the Archibald Firefighters’ Arbitration Case to apply the collective bargaining and arbitration processes. This team role-play involves a negotiation process between union, and management facilitated by the assigned arbitrator(s). 2. Students will represent each of these three groups (union, management and the assigned arbitrators) and will use negotiation skills to reach a win-win settlement for this case. Each side will present their position in two rounds and then the arbitrator will reach a final decision. 3. Students will participate in this live role-play through the “Student Online Meeting Sign-Up” Zoom and will record this session for subsequent viewing and reviewing by the instructor. Students in groups will conduct research to prepare for the role-play.  4. After the role-play. Students in each of three groups (union, management and the assigned arbitrators) will write a reflection report (1500-1800 words double-spaced, 12-point font, excluding cover page and references page) which documents the final decision, rationale for their group’s position/decision, and feelings about the arbitration outcome.  5. Learning Team Agreement is due at the end of Unit 3 and is worth 3% of final grade. The Team Reflection Due no later than 11:00 p.m. on Sunday of Unit 7 and is worth 15% of final grade Team Reflection and Peer Evaluation  Objectives During this assignment, students will identify the steps in a collective bargaining process, describe when third-party assistance is required and types of bargaining impasse, explain arbitration and describe the role of an arbitrator, and use negotiation skills during a team role-play. Description This assignment will use the readings and discussions as a base for a team role-play involving a negotiation between an arbitrator, union, and management. Students will represent each of these groups will work together to reach a win-win settlement. Required Materials  Dessler, G., & Chhinzer, N. (2020). Human resources management in Canada (14th Canadian ed.). Pearson Canada Inc.  ISBN-13: 978-0-13-485619-3  Chapter 16  The Archibald Firefighters’ Arbitration Case Instructions 1. Locate your team via the Course Bulletin. 2. Meet with your team and identify one or more team members to represent each of the three groups from the project scenario: public sector union, management (e.g., public safety director and mayor), or arbitrator. Complete a Learning Team Agreement. Submit your Learning Team Agreement through the "Labour Relations Team Project – Learning Team Agreement" page in Unit 3. 3. Conduct research to gather information to address the following questions in preparation for your role-play: a. What is your role in the negotiation? b. What steps of the collective bargaining process are assumed to have been completed up to this point in the scenario? c. For union and management groups: What is your bargaining position? What are your arguments for negotiation? d. For arbitrators: How will you manage the live negotiation? How will you make your decision? 4. You will participate in a live role-play through the Online Meetings that will be facilitated by the assigned arbitrator(s) on your team. Be sure to sign your team up up for your online meeting session through the “Student Online Meeting Sign-Up” Wiki  . You will record this session for subsequent viewing and reviewing by the participants, instructor, and rest of the class. Each side will present their position, and negotiations will happen until the arbitrator reaches a final decision. a. Record in audio your discussion and save it.  Instructions can be found on the “Online Meeting” page. Important: For online course students: Use the naming convention of BUSI2103-O-A-Group-__. You will also be sharing the recording in Unit 11. 5. After the role-play, you are to gather the information and write a reflection report which documents the final decision, rationale for the group’s position/decision, and feelings about the outcome. It should consider the original assumptions made by each contributor to the negotiation (union, management, and arbitrator), and reflect on what tactics worked best, which ones were less effective, and what each side would do differently if given the chance.

Topic #1 - Impactful Practices in Training Consider a work-related training course you have taken in the last several years.  Which aspects of the training did you find had the most impact (e.g., participant guide or other handouts, the learning activities, any pre/post work)? Why did you find these useful?