Government Regulations and Strategy

The executive leadership of ACME Company, Inc. believe they can reduce their expenses (and in turn increase profits) when it comes to the Family and Medical Leave Act (FMLA). Currently, the company’s policy on FMLA is as follows: for an eligible employee ACME provides up to 15 weeks of leave per year for covered conditions and they also provide 25% paid leave. ACME employs 750 people with an average per person salary of $50,000. Annually, ACME averages 10 employees out on FMLA. All employees on FMLA use the full 15 weeks annually. Leadership decides to ask Mary for her recommendation, since she is the HR professional.For this project assignment on ACME Company, Inc. complete a minimum of three pages that addresses the following concepts:1. The key features and purpose of the Family and Medical Leave Act (FMLA).2. The minimum legal requirements of FMLA.3. The advantages and disadvantages of keeping the current company policy and changing the policy to meet minimum legal requirements.4. If you were Mary, what would be your recommendation? Explain.Your paper should be a minimum of 3 pages, using proper APA formatting and including at least 3 credible sources cited in your paper through in-text citations. Include an APA formatted title page and reference page. The paper should be free of grammatical errors. Paper should be well thought out; with excellent use of centered Level I headings.