Sentences with phrase «lose key employees»

Companies realize that when they lose key employees, the business itself can suffer a loss of that person's expertise and / or revenue that he brings to the firm.

They can lose key employees, run into union or regulatory problems, and so on.

Rhodes recently lost some key employees who had significant amounts vested in their stock - purchase plans but left without exercising their options.

It's made poor acquisitions, lost key employees and taken on failed projects.

Entrepreneurs love babies as much as anyone (and are just as understanding of the stresses of new parenthood), but they're also more likely that corporate bosses to lack the money and manpower that makes losing a key employee for weeks or months anything less than terrifying.

Typically designed so that the surviving business partner would have the money to purchase the company interests, life insurance for businesses can also be structured as «key person insurance,» where if a key employee dies the business owner will receive a benefit to help offset the financial impact of losing the key employee.

COLI was originally purchased on the lives of key employees and executives by a company to hedge against the financial cost of losing key employees to unexpected death, the risk of recruiting and training replacements of necessary or highly trained personnel, or to fund corporate obligations to redeem stock upon the death of an owner.

These coverages cushion some of the adverse financial impact that results from losing a key employee's participation.

Winery sellers want the best price they can get too, but they often don't have the luxury of full market exposure due to high risk factors such as potentially losing key employees, losing distribution, winemakers and even loyal customers.

Not exact matches

Getting everyone on the same page will allow you to become a key part of the company as the organization risks losing clients, employees and moral if you leave.

Not surprisingly, the grapevine's buzzing with rumors that he's lost significant clients and key employees as a result.

The business may seek out a replacement for the key employee, may replace lost profits, or fund a partial stock redemption agreement.

Very few business are in the business of losing money and if they are spending $ 7,000 - 12,000 on health insurance per employee and they are faced with the increased cost of health insurance they will raise your out of pocket or pay the fine and dump the coverage except for only key personnel.

George Talley, 72, a former employee at General Motors, received the shock of a lifetime when GM presented the keys to the lost car back to Talley ahead of this years Woodward Dream Cruise in Detroit.

But one of the company's key concerns is how a Toyota plant in Michigan would be perceived — as an affront to Detroit's automakers and their employees, or as a gesture to bring manufacturing jobs to a state that is losing them fast, according to people familiar with the company's deliberations.

They may lose a number of key employees, but their bench is deep, and the business won't be harmed.

please don't use all caps plus could you give us some more information please, such as whether you have key employee insurance on him, whether his wife could do at least some of the work that would be required, whether he could have essential theoretical input from his sick bed, is his medical insurance part of a company scheme which he will lose if he is no longer working, what is the company actually worth now compared with when you became partners?

Your organization could lose profits generated by the special talents or contacts of the key employee.

As a result, if the client does not move quickly to take proofs of evidence from key hotel employees, it potentially risks losing the evidence of some of its best witnesses.

It's hard to think about what it would mean to lose a business partner or key employee.

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.

In principle, try to purchase sufficient key man insurance that the impact of losing the insured employee is near - zero.

Therefore, if the company purchases a life insurance policy on the key employee, the proceeds of the policy can be paid out to the company in order to compensate for this lost income.

Key person term life insurance helps your business create a continuation plan should they ever lose a top employee.

Your organization could lose profits generated by the special talents or contacts of the key employee.

Costs associated with decreased or lost revenue may also be factored in when determining a key employee's replacement cost.

Key man life insurance, also called key person life insurance, is protection designed to sustain a business or organization in the unfortunate event it loses one of its most valuable employees, executives or owners to a sudden and untimely deaKey man life insurance, also called key person life insurance, is protection designed to sustain a business or organization in the unfortunate event it loses one of its most valuable employees, executives or owners to a sudden and untimely deakey person life insurance, is protection designed to sustain a business or organization in the unfortunate event it loses one of its most valuable employees, executives or owners to a sudden and untimely death.

Businesses also purchase life insurance on key employees, called «key man insurance» which protects the business financially if they lose someone critical to the functioning of the company.

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«For Key Employees, most advisers recommend a multiple of 5 - 7 times current salary, or estimated lost earnings to the company times 1 - 2 years.

If losing a partner or key employee would jeopardize your ability to continue successful administration and operation of your business, you might consider key person (sometimes known as «key man») life insurance to protect your company.

Also, if you can not pay key employees during the closure, you may lose them to the competition.

Employers can also have policies on key employees to compensate for losing them.

For example, you could lose your Bitcoin if the exchange were hacked, a rogue employee stole your private keys, or if the owners of the exchange took the money and ran.

The authors of the Software, employees and affiliates of BitPay, copyright holders, and BitPay, Inc. can not retrieve Your private keys or passwords if You lose or forget them and can not guarantee transaction confirmation as they do not have control over the bitcoin network.

Besides salary increases, promotional increases as a percent of base pay are rising, Mercer says that this is a «sign that organizations are looking internally at talent and career progression to retain key employees rather than risk losing them to competitors.»

Key Accomplishments • Held 5 training workshops on safe food preparation procedures, as part of in - house new employee training initiatives • Developed a diet menu in conjunction by incorporating patrons» feedback, resulting in an increased clientele • Consistently met sales targets by encouraging customers to buy extra food items, such as drinks and sidelines, with their meals • Saved the business $ 23500 by locating a lost POS entry, resulting in obtaining a bonus from the management