Sentences with phrase «amount of key employee»

For an employee who owns no equity in the business, the maximum amount of key employee life insurance a business can buy is 10 times the employee's annual income.

Not exact matches

Key employees are key for a reason, but this way, you will have the best - case backup scenario, and you can get through the absence with a minimal amount of business disruptiKey employees are key for a reason, but this way, you will have the best - case backup scenario, and you can get through the absence with a minimal amount of business disruptikey for a reason, but this way, you will have the best - case backup scenario, and you can get through the absence with a minimal amount of business disruption.

It's sometimes difficult to estimate exactly how large your business needs to be, but finding the proper size is key to making sure you have the right number of employees and the right amount of space for your facilities.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

Within the first stage of the Incentive Programme for the key employees and associates of the Company, the Supervisory Board granted each Member of the Company's Management Board the right to acquire subscription warrants series B, while this right of all Members of the Company's Management Board concerns subscription warrants series B amounting in total to 1,350,000 (one million three hundred fifty thousand).

She has also done a considerable amount of work relating to the drafting and enforcement of restrictive covenants and the post-employment obligations of key employees.

Key amendments include changes to Section 111, which outlines the amount of time an employee has to file a complaint.

The key point is that the amount to be paid via salary continuance must be at least the reasonable amount of notice to which the employee is entitled.

Key - person insurance can help bridge the financial gap if something happens to a spa employee who brings in a good amount of business, no matter her title.

Additional amounts of coverage may be added in order to cover the cost of locating, hiring, and training a replacement for the key employee who was lost.

While a corporation by definition offers some amount of personal protection against liability to employees and directors, some companies choose to provide additional protection to those key members of the executive team.

The goal when valuing a key person for life and disability insurance is to get the correct amount of coverage based on the specific needs of the business but that also corresponds to the realistic loss associated with the death or disability of the key employee from the insurance company's viewpoint.

Small business owners or professionals may need a large amount of coverage to help protect their business from the loss of an owner or key employee.

For an employee of the business who is also an equity owner, the maximum amount of life insurance a business can purchase is 10 times the key person's income, plus the fair market value of their ownership interest in the business.

While this type of critique may seem a bit... unfair... to candidates, it's important to realize interviewers only have a limited amount of time to get to know their potential employees and buzz words, key phrases or other red flags play a big role in the all - important gut feeling.

Limited the amount of shrinkage by securing register keys, controlling safe combinations, checking employee bags, and securing the store at night