Sentences with phrase «employees access to the cash»

By contract, the employees access to the cash value can be restricted to a future date such retirement or after a set amount of time as an employee.
By contract, the employees access to the cash value can be restricted to a future date such retirement or after a set amount of time as an employee.

Not exact matches

Big companies often have thousands if not hundreds of thousands of employees, billions in cash, access to more through borrowing and selling stock, a big sales force and a plethora of patents.
Just a sampling among them: landing their first sale, growing their customer base, hiring the right employees, managing cash flow and getting access to funding.
As an entrepreneur you may not have cash to feed your team free lunches or offer a new bonus scheme, but just about every business owner has access to customers and internal beneficiaries of other employees» work on hand.
In addition to cash and product donations contributed to regional feeding programs, employees from The Kraft Heinz Company lead volunteer efforts year - round to ensure these local communities have ready access to fresh, healthy and affordable food.
So as a Webster Small Business customer, you'll have access to checking conveniences like the free Webster Visa ® Business Check Card for instant access to your money, Overdraft Protection that helps cover unexpected cash needs, Business Remote Deposit to easily deposit customer checks from the convenience of your office or place of business, and Payroll Services, including Direct Deposit, for time and cost - saving ways to pay your employees.
The question of whether premiums are recognized as income for any of the above strategies is very fact specific, involving questions such as when the employee has access to the cash value in a insurance policy.
As with the Ink Plus ® card, the Ink Cash ® card offers additional employee cards at no additional cost along with access to the online card management systems for setting spending limits and tracking expenses.
... because as the policy vests to your key employee, the premiums can become tax deductible for your business AND prior to vesting, while your business owns the policy, you can access the cash value for your business operations for all of the other reasons discussed above.
For example, someone who has large cash - handling responsibilities, different factors may be at play versus someone who is working in an IT department and has access to customers» and employees» personal identification information.
Upon retirement, or some other mutually agreed upon date between the employer and employee, the employee can access the policy's cash value to use an additional income source, such as supplemental retirement income.
Similarly, this is why the employee is only paying the amount of applicable term insurance if they are only receiving access to the death benefit while the employer has access to cash values.
You may want certain employees to have stricter limits on how much they can spend as well as restrictions on their access to cash.
They also can not deduct money for cash shortages / loss of property if someone other than the employee had access to the cash or property.
Employment Standards say that employers can not deduct for cash shortages or loss of property if an individual other than the employee has access to the cash or property or if a customer failed to pay.
In addition to the money management tools, it comes with a feature called «Instapay,» which allows Walmart employees to access their pay early when they run out of cash or «when unexpected expenses occur,» said Walmart in a press release.
Employees may choose to pay only the cost of insurance premium or to make additional payments to the cash value of a policy, which can be accessed through loans or withdrawals.
... because as the policy vests to your key employee, the premiums can become tax deductible for your business AND prior to vesting, while your business owns the policy, you can access the cash value for your business operations for all of the other reasons discussed above.
The question of whether premiums are recognized as income for any of the above strategies is very fact specific, involving questions such as when the employee has access to the cash value in a insurance policy.
The employee owns the life insurance policy and possesses all control in regards to accessing cash value, naming a beneficiary and making investment choices
Another advantage for the business owner or company is that if the employer desires to use the Executive Bonus Plan as an incentive, the employee's access to the policy's cash value can be restricted until a predetermined date.
Upon retirement, or some other mutually agreed upon date between the employer and employee, the employee can access the policy's cash value to use an additional income source, such as supplemental retirement income.
The lawsuit alleges that employees of the exchange platform, as well as a few with insider knowledge, had access to non-public information which influenced their investment in Bitcoin Cash (BCH), a fork of the bitcoin cryptocurrency.
Bank Teller — United AC Bank, Atlantic City, NJ — 2/2007 — 3/2012 • Received Employee of the Year for excellent customer service, noted by consistent name references in customer reviews • Educated customers on financial services, computer account access, and mobile apps for their convenience • Recommended relevant bank products and services when appropriate, setting a record in service referrals and exceeding the company's promotion profit goals by 10 percent • Processed automated teller transactions, night deposits, and loan and retirement plan payments on a day - to - day basis • Provided the head manager with daily cash supply orders to maintain sufficient funds for successful operations every day • Counted and sorted currency by hand and with counting equipment in order to ship to other branch locations
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