Also, if you can not pay key
employees during the closure, you may lose them to the competition.
Not exact matches
And you don't want to lose your best
employees either, even if you're unable to pay them
during the
closure.
A spokesperson for Governor Andrew Cuomo called the
closure «an egregious example of corporate abuse» and said that Cuomo has directed the state labor department to dispatch its rapid response team to help
employees during the transition.
Major features of the proposed action included removal of all NPS and concession facilities north of Brooks River, designation of the north side of the river as a «people free» zone, construction of new visitor facilities (ranger station, orientation center, lodge, campground,
employee housing, and maintenance facility) on the Beaver Pond terrace south of the river, establishment of day use limits for the Brooks River area, recommendation of temporary
closures on reaches of Brooks River
during times of intense bear use, and improvement of the area's interpretive program.
Expect some restaurant
closures and scaled - back staff at resorts
during September and October, when many local businesses give their
employees time off, take their own vacations, and gear up for the upcoming high season.
Business interruption insurance compensates you for the revenue you would normally be making so you can continue to pay bills and
employees during a temporary
closure.
Luckily, business interruption insurance steps in
during a temporary
closure so you can continue to pay both bills and
employees.
That way, your company can continue to collect the income it needs to pay monthly bills and
employee salaries
during the
closure.
I begin with public statements made by a former
employee of Realtysellers, as quoted within an article first published by Real Estate Magazine, written by Don Procter,
during January 2007 entitled: «Realtysellers blames CREA for
closure»