HREQ 3010 Lecture Notes - Job Satisfaction, Unemployment Benefits, Telus

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coralskunk403

13 Apr 2020

School

York University

Department

Human Rights and Equity Studies

Course

HREQ 3010

Professor

Goshulak

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Document Summary

Telus"s mission, vision, and value statements are as follows: Mission: at telus digital, our mission is to enable customers and team members to do what they want easily. We"re united through our shared passion to advance the customer experience through our principles. Vision: experiment with new ideas and technologies, be champions of optimization, deliver seamless experience, automate and personalize everything, be agile and collaborate, shape experiences with data-driven insights. Telus, one of the largest telecommunication corporations in canada, operates in a very competitive environment. Therefore, it must ensure that its employees deliver future-friendly services to a large and diverse demographic (telus, 2020). Unlike similar businesses, telus aims to become a part of the community by embracing the change and initiating opportunity (telus, 2020). It represents all members of the company, including those of the lgbtq+ community, aboriginals, and people with disabilities.

Related Questions

On October 15, 2015, the board of directors of Ensor MaterialsCorporation approved a stock option plan for key executives. OnJanuary 1, 2016, 38 million stock options were granted, exercisablefor 38 million shares of Ensor's $1 par common stock. The optionsare exercisable between January 1, 2019, and December 31, 2021, at80% of the quoted market price on January 1, 2016, which was $10.The fair value of the 38 million options, estimated by anappropriate option pricing model, is $3 per option.

3.8 million options were forfeited when an executive resigned in2017. All other options were exercised on July 12, 2020, when thestock's price jumped unexpectedly to $36 per share.

When is Ensorâs stock option measurement date?

Determine the compensation expense for the stock option plan in2016. (Ignore taxes.) (Enter your answer in millions (i.e.,10,000,000 should be entered as 10).)

Prepare the necessary journal entries. (If no entry isrequired for a transaction/event, select "No journal entryrequired" in the first account field. Enter your answers inmillions rounded to 1 decimal place (i.e., 5,500,000 should beentered as 5.5).)

Record compensation expense on December 31, 2017.

Record compensation expense on December 31, 2018.

Record the exercise of the options in 2020.

ultramarinehyena107

3.8 million options were forfeited when an executive resigned in2017. All other options were exercised on July 12, 2020, when thestock's price jumped unexpectedly to $36 per share.

When is Ensorâs stock option measurement date?

Determine the compensation expense for the stock option plan in2016. (Ignore taxes.) (Enter your answer in millions (i.e.,10,000,000 should be entered as 10).)

Prepare the necessary journal entries. (If no entry is requiredfor a transaction/event, select "No journal entry required" in thefirst account field. Enter your answers in millions rounded to 1decimal place (i.e., 5,500,000 should be entered as 5.5).)

-Record compensation expense on December 31, 2017.

-Record compensation expense on December 31, 2018.

-Record the exercise of the options in 2020.

pinkmacaw695

Stock-based compensation and agency problem

In the United States, the stock-based compensation, including the stock option which is the right to purchase the pre-specified number of the own company's shares at a pre-specified price, has been increasing dramatically in terms of the share of the total compensation package of the CEOs and other senior management since the mid-1990s.

(1) If you were a CEO, how do you convince your shareholders to approve such a compensation system? If you were a shareholder of the company, what would be your major concerns?

(2) What would be the potential implication of Variable costs are estimated to be $200 per unit, such a compensation system to the pay-out policy?

HREQ 3010 Lecture Notes - Job Satisfaction, Unemployment Benefits, Telus

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