Teachers being forced into early retirement Essay

Teachers being forced into early retirement - Essay Example This is the primary aim of teaching. And it is constitutionally justified that it is every person’s basic right to learn. Great teachers are rare. Majority would just make a career out of it because of lineage (a family profession), interest in children, or as a last career to pursue before finally retiring. A good teacher possesses an aptitude or a native capacity for teaching (Salandanan, 11). Kindness, creativity, and a genuine love for children are just some of the endearing traits of a great mentor. A more exceptional teacher would be one who is able to guide a student with intensity and much enthusiasm to make him/her discover his passion, and push him/her to go for it. But what if a good teacher retires? An early retirement option among teachers is now being much publicized and campaigned about to cut on budget costs of maintaining higher paid, senior-level education personnel. Most states in the US are now adopting the early retirement program because it is said to be the more advantageous option in terms of cutting expenses in budget allocations. Teachers should not be forced into early retirement. Early retirement should be voluntary and never forced. If a teacher is still capable of practicing this profession even beyond retirement age, then he/she should be allowed to do so. There are numerous reasons for this claim and these are as follows: * There will be a shortage of teachers as the population continues to boom in the coming years. By the year 2011, the world population is expected to reach 7 Billion (World Population). The increase in population is expected as the world population continues to rise. Parallel to this, there will be a corresponding increase in the population of school age children, hence, this will necessitate an increase in the need for education professionals. Despite efforts exerted by the government sector to limit population growth through various means like

Lester Electronics Gap Analysis Essay Example | Topics and Well Written Essays - 1500 words

Lester Electronics Gap Analysis - Essay Example The process of merger is set in motion by Shang-wa CEO John Lin, as he thinks that the merger will give his company a much needed secured future. On the other hand, Lester Electronics CEO Bernard Lester feels that the merger will prevent future revenue losses. These merger plans were initiated by the actions of two other companies, Transnational Electronics and Avral Electronics, who try to take over Shang-wa and Lester Electronics respectively. But, if the merger plans between Lester and Shang-wa gets actualized it will nullify the other two companies take over bid. Along with that advantage, the merger will also create a lot of opportunities and bring in profits. But, even with all the opportunities, there exist some financial issues or threats that will cause the merger to fail. So, the correct decision has to be taken after analyzing the key financial issues, with the involvement of all the key people and departments, including the accounts department and its head Anne Lorale. â €Å"Good decision-making starts from the right place† (Paul & Elder, 2006 In the scenario, the merger of Lester and Shang-wa could spring up many issues particularly in the financial sector. Normally, in times of merger between two companies existing in different countries, the financial issues have to be dealt firstly, to make the merger a success. So, Shang-wa’s balance sheet and incomes statement has to be properly analyzed by Anne Lorale and her team, before going with the merger. As the income statements will clearly gauge the financial performance of a company over a specific period of time, it will surely aid Lester to grasp the financial condition as well as the value of economic assets of Shang wa. From the analysis of the financial statements, it is clear that the merger of Shang wa and Lester would lead to a low debt to equity ratio, increasing the chances of bankruptcy in the long run. The other issue that will arise in