Sentences with phrase «of key employees»

Priorities included steady assessment of inventory levels and content, objective setting, growth of key employees and attaining a high level motivation.
Have significantly reduced the number of key employees through attrition, and am qualified to manage multi lingual staff.
Directed the recruitment process of key employees and the selection of consultants and outsource - vendors.
Apple is stepping up its video game by hiring one of the key employees from YouTube that helped the service become the world's biggest video streaming platform.
This plan is meant to compensate the company for financial loss incurred due to the death of key employees.
Which is why it would be possible to have several cash value life insurance policies building concurrently, providing your business with death benefit protection against the loss of key employees, all while building a private financing source with tax advantageous growth.
Simply put, taking care of key employees is taking care of your business.
However, it is possible to insure more than two people, say for example in the case of some key employees.
Many successful businesses recognize the importance of their key employees and use executive benefit plans to provide added supplemental benefits.
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.
The more success a company attains, the more important it becomes to take care of key employees who are responsible for the company's success.
Employees are valuable assets and the loss of some key employees could significantly impact the profitability, stability and progress of the company.
Key person life insurance covers one (or more) of your key employees, with the primary goal of protecting the value and ongoing operations of your business.
We help you execute a sound strategy to proper implementation of executive benefits as a crucial step in maximizing both the protection and the longevity of your key employees, as well as the business itself.
Whole Life can be used to protect against the loss of key employees, fund buy - sell agreements, ensure the continuation of your business into its next generation, or even reward your top employees.
To offset the loss of key employees and executives, war correspondents, government employees, and others, consider the High Limit Accident Insurance plan from Travel Insurance Services.
With key man insurance in place, if one of your key employees goes down, your business will receive the proceeds of the policy and can sustain operations until contingencies plans are finalized.
As part of its investigation, RBS interviewed a number of key employees.
The policy should also outline the review process and the roles and responsibilities of key employees for the adoption and implementation of any cloud services.
If retention of key employees is a condition of sale, determine what is necessary to secure their employment, or continued employment.
Even if there is no contract, obligations to respect confidential information, and fiduciary duties (in the case of key employees) last beyond the end of employment and can limit competition.
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.
We work with clients to implement employment agreements, employee equity programs, retention agreements, and other incentive programs in ways to ensure the services of key employees during the postacquisition period.
You'll want to include information like: the name and contact information of the person (s) organizing the corporation; the name and a description of the corporation, including its primary activities, business address, and any known details like the expected annual revenue; information on the terms of the board of directors; rules on stock ownership and purchases; the contact information for the corporation's president, vice president, secretary and treasurer; the contact information and positions of key employees; how shareholders can approve corporate action; any benefits offered by the corporation; and more.
However, it is possible to insure more than two people, say for example in the case of some key employees.
Whole Life can be used to protect against the loss of key employees, fund buy - sell agreements, ensure the continuation of your business into its next generation, or even reward your top employees.
List any supporting information or other additional information that you couldn't fit in elsewhere, such as resumes of key employees, licenses, equipment leases, permits, patents, receipts, bank statements, contracts, and personal and business credit history.
Simply put, taking care of key employees is taking care of your business.
They may lose a number of key employees, but their bench is deep, and the business won't be harmed.
For instance, if you have a meeting every morning with all of your key employees, but some of the employees can not be at the meeting because they're traveling, or visiting clients, include them through this technology.
«A lot of my key employees spent weeks in training classes around the country.
It may be used as a funding mechanism for your buy - sell agreement and as business interruption insurance to pay the business for interruptions caused by the death of key employees.
All vesting provisions for the stock and options, as well as the future cash payments, are contingent upon the continued service of the key employees.
We believe that this approach of seeking to align the interests of our key employees with those of the investors in our funds has been a key contributor to our strong performance and growth.
«Also, a number of our key employees here in Canada are originally from India, so having operations there makes it easier than in China.»
As one of our key employees, I want to informally pose some simple questions that can help me to understand the factors that cause you to enjoy and stay in your current role,» writes Sullivan.
Three of his key employees had met him at the elevator that morning, personal possessions in hand, and announced they were off to build an agency of their own.
Make sure the document includes all the information you've gathered so far: supplier contact information, backup suppliers, employee contact information, the roles and responsibilities of key employees, major client contact information, backup equipment and IT data, and the place of the off - site recovery location.
Key - employee insurance indemnifies you against losses resulting from the death or disability of a key employee in your firm, including yourself or your partners.
The death proceeds may also be used to make payments to the survivors of the key employee.
The key is if a business owner pays premiums on behalf of a key employee as part of an executive bonus plan, deferred compensation plan or split dollar plan, the premiums may be deductible if they are recognized as income to the employee.
Key person insurance protects a business in case of the death of a key employee.
To protect a business in case of the death of a key employee, key person insurance, payable to the company, provides the owners with the financial flexibility needed to either hire a replacement or work out an alternative arrangement.
Company - owned life ins is 1 way to help protect a biz from financial problems caused by the death of a key employee.
Corporate - owned life insurance to fund a business perpetuation plan or to insure the life of a key employee
You can't count on cash flow to for sure be there when needed, like for the unexpected death of a key employee.
Your organization could lose profits generated by the special talents or contacts of the key employee.
Term life insurance can be a powerful tool in making sure a business can continue running even after the death of a key employee.
Corporate owned life insurance to cover the untimely death of a key employee or to fund a business perpetuation agreement
In the event of the key employee's death, the policy's death benefit is payable to the company which can be used to provide continued supplemental benefits or to provide a lump sum benefit to the executive's named beneficiary.
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