Instruction
Nicks business has grown sufficiently to require support staff. Nick posted an ad in a specialist publication, sorted through nine resumes, interviewed four people, and gave each one the same test of industry-specific knowledge. At the end of the process shemade Fran an offer.
Fran scored 96 out of 100 on the test. Shes been in the industry for more than 10 years, so Nick agreed to a pay rate that is slightly higher than average for the technical skills she brings to the firm. Fran has started work, and seems to be doing O.K. The whole process, from placing the ad to making the hire, took about four weeks. So far so good!
Subsequently, Nick received another resume via e-mail. This guy had seen the ad but had been happily working in a neighboring town until his boss called in all of the workers and told them the shop was out of work and out of money and they were all laid off.
The guy, Dylan, has a decent resume, so Nick decides to call him in for an interview. He scores a 100 out of 100 on the test, completing it in half the time that Fran needed. Dylan went to a highly respected technical college and he graduated top of his class. He has a wide range of skills, including some that Fran does not have. Dylans past employers speak well of him, and hes asking for 20% less money than Fran negotiated.
If Dylan had sent Nick his resume three weeks earlier, he would have been the clear choice. Unfortunately, Nicks current business activity only allows for one staff person, so employing both is not feasible at this time.Nick poses the following questions to you:
Would you fire Fran and hire Dylan?Support your answer by considering:
What are the ethical aspects of this decision?
What are the business and accounting issues to be considered?
Support your reasoning with outside research, Please cite websites to support your argument. Word limit is 600 words