Write an informal proposal for the stated problems.
San Jose College (SJC) is under company rehabilitation which means that the school is in the brink of bankruptcy. During the rehabilitation, SJC in under the supervision of a judicial court through the three-member management committee. Take the role of the management committee of the school in this scenario. Currently the only source of income for the operations of the school is the fees of the students. Despite the disheartening plight of the school, the teacher demanded at least a 12% increase in salary. They said any amount less than that will be unacceptable and will drive them to resign en masse. The action of the teacher seemed understandable because they have not received any salary increase for the last three years. You decided to increase the tuition fee of the students but the parents and student leaders vehemently objected to the increase. They threatened that if the tuition fee will be increased, the parents will pull out their children from the school. You have set a meeting with both parties but it failed. How would you solve the problem?
San Jose College (SJC) is under company rehabilitation which means that the school is in the brink of bankruptcy. During the rehabilitation, SJC in under the supervision of a judicial court through the three-member management committee. Take the role of the management committee of the school in this scenario. Currently the only source of income for the operations of the school is the fees of the students. Despite the disheartening plight of the school, the teacher demanded at least a 12% increase in salary. They said any amount less than that will be unacceptable and will drive them to resign en masse. The action of the teacher seemed understandable because they have not received any salary increase for the last three years. You decided to increase the tuition fee of the students but the parents and student leaders vehemently objected to the increase. They threatened that if the tuition fee will be increased, the parents will pull out their children from the school. You have set a meeting with both parties but it failed. How would you solve the problem?