Editorial Essay Journal of Clinical Epidemiology

Question: Write theEditorial Essayfor Journal of Clinical Epidemiology. Answer: Introduction The power supply of Victoria might be at danger as the supplier of almost thirty percent of power requirements of Victoria, Loy Yang A, near Traralgon, south east Victoria, notified that it could sack the entire workforce after the ongoing dispute with the workers. The negotiation over the increase of wage is going on for almost last twelve months followed by an official strike by the union workers. After the workers reject the offer of having twenty percent rise in their wage in four years, the company has announced the termination of the agreement covering around five hundred workers, which technically means a heavy cut in the payment if the recent move by the company is succeeded. However, The Construction Forestry Mining and Energy Union had indicated that they might apply to Fair Work Commission in order to run a ballot to take the decisions of authorising the industrial action. After running the secret ballot, the management of the organization was quite disappointed with the o utcome, as around seventy per cent of workers had rejected the new payment offer. This dispute between the management and workers could lead to a serious threat to the energy supply of Victoria (Knepper et al., 2016). Discussion As reported before the workers have gone for a twenty four hour planned strike on the Christmas Day, which restored the threat of shutting down as the energy demand on the holidays increase in a good percentage. The primary concern of the company right now is to supply the required energy, as the rejection offer of the workers has raised the chance of jeopardising the energy supply (Shah et al., 2015). The stakeholders of the company can fall into serious trouble if the disruption gets another boom to it and the highly uncertain industrial disputation might put the business at risk. The district president of the union has blamed the company management of enhancing the dispute by saying that the company had rejected the chance of genuine negotiations and following an earlier policy of the company of bringing an end to the organizations while a dispute takes place. However, if anything of that sort happens to Loy Yang A, the power supply of the state might be seriously jeopardised. Our highest paid unit controllers would earn $3,000 a week, their pay would drop to $1,000 a week, so they would lose $100,000 a year," Mr Dyke, CFMEUs Victorian mining and energy division secretary said. The rejection of the compromise proposal by the Fair Work Commission, which proposed an annual rise of the five percent with no changes in superannuation, had also been rejected by the workers. According to the union, despite providing forced redundancies, the proposal could result in loosing around thirty six jobs. This disputative situation now requires a serious move by the directors and the management of the company, as the situation is getting uglier by the course of time and both the parties are at continuous loss due to their conflict of interest (Agoritsas et al., 2016). The management is expected to meet these obligations in the commercial field, but it is their primary responsibility to work beyond the legal and commercial fields and get an end to the dispute exercising his power and influence in the company. Conclusion The general manager of Loy Yang A had stated that the outcome of the compromise proposal is disappointing for them as this was quite an impartial one retaining the generous pay and other conditions of the company. He has called the votes being uncertain and stated that the employees could face a loss in the payment and conditions and decided to cancel the agreement seeing the case going against the general sense. The directors of the company have kept the consumers at the top priority and tried to resolve the issue. This has been a clear case of conflict of interest, where the employees have given priority to their own good, but the management has kept the consumers at the top of the priority list Grosser et al., 2014). The directors should consider both the relevant parties and then come to a final decision, and that could lead to a peaceful outcome. Reference List Agoritsas, T., Neumann, I., Mendoza, C., Guyatt, G. H. (2016). Guideline conflict of interest management and methodology heavily impacts on the strength of recommendations: comparison between two iterations of the American College of Chest Physicians Antithrombotic Guidelines.Journal of Clinical Epidemiology. Cosgrove, L., Krimsky, S., Wheeler, E. E., Peters, S. M., Brodt, M., Shaughnessy, A. F. (2017). Conflict of Interest Policies and Industry Relationships of Guideline Development Group Members: A Cross-Sectional Study of Clinical Practice Guidelines for Depression.Accountability in Research,24(2), 99-115. Grosser, K., Moon, J., Freeman, R. E., Nelson, J. (2014). Special Issue on: Gender, Business Ethics, and Corporate Social Responsibility.Business Ethics Quarterly,24(02), 303-306. Knepper, W. E., Bailey, D. A., Bowman, K. B., Eblin, R. L., Lane, R. S. (2016).Duty of Loyalty(Vol. 1). Liability of Corporate Officers and Directors. Shah, M., Garcia-Alias, G., Choe, J., Gad, P., Gerasimenko, Y., Tillakaratne, N., Zhong, H. (2015). Conflict of interest.Brain,138(1), e332.