Sentences with phrase «value of a key employee»
There is no easy formula for determining the value of a key employee.
http://www.spectruminsurancegroup.com/ Not exact matches
A raft of studies has shown that feeling appreciated and valued are key drivers of employee engagement.
Reviews include employees» opinions on some of the best reasons to work for their employer, any downsides, advice to management, and whether they'd recommend their employer to a friend, as well as ratings on how satisfied they are with their employer overall, their CEO, and key workplace attributes like career opportunities, compensation and benefits, culture, and values.
Though we all hope a crisis never befalls our company, it's a good idea to build up a bank of goodwill — acting honorably and transparently, communicating a sense of your values and the benefits you offer your employees, customers and other key audiences, and showing a level of responsiveness on the small stuff.
Employee stock options align the interests of key players in a company with what's needed to add shareholder value, and that's beneficial.
«The conclusion about a company's value will be based on an analysis of all kinds of information, such as the historical profit - and - loss picture, other financial records, the customer base, internal controls, key employees, competitive details, and much more,» says Catherine Bienert, CEO of Bottom Line Management, an Atlanta business - brokerage and business - appraisal firm.
Key findings for the North American (U.S. and Canada) workforce surveyed in the study include: • 51 % of employees are not happy at work • 45 % of employees trust their company's leadership • 61 % of employees don't know their company's mission • 57 % of employees are not motivated by their company's mission • 60 % of employees don't know their company's vision • 57 % of employees don't feel recognized for their progress at work • 61 % of employees don't know their organization's cultural values • 50 % of employees don't expect to be with their organization a year from now
HSBC's values identify staff as a key resource, we are therefore, committed to the recruitment of employees on merit and suitability, encouraging them to realize their full potential while developing and rewarding individual performance.
Start on Purpose will introduce you to key aspects of business value that will help you make more financially - rewarding decisions about your products, services, customers, employees and technologies.
Vigil notes that Houston's high level of engagement and valued employees are key differentiators between the company and its competition.
Employees: 800 + Les Plats manufactures frozen items such as French Specialty: Frozen food products Jean - Marie Ouellette, GM: «[Value] onion soup, mini quiches, mini franks wrapped in pasis key to having any sort of lasting try dough, mini pizzas and a large assortment of phylpresence in the marketplace.»
At the American Chemistry Council (ACC) WE value our employees and our benefit plans are a key component of the total compensation program.
Armed with $ 476,553 from Gates, the Kentucky Chamber of Commerce's foundation produced a seven - minute video about the value and impact of the Common Core, a tool kit to guide employers in how to talk about its benefits with their employees, a list of key facts that could be stuffed into paycheck envelopes, and other promotional materials written by consultants.
For an employee to reinforce brand values, learning is one of the key activities; it reflects changing behavior, assimilating the standards of the company.
While key employee life insurance is usually purchased for high - earners, you should note that the face value of the policy is often limited to a multiple of the insured's income, such as 10X.
... 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.
Funding a split dollar plan is a way to reward a key employee while accruing cash value in a whole life insurance policy that can serve as a ready source of funding for the employer.
Your company doesn't want to have to explain to a key employee (upon vesting of the policy) why a policy has little cash value despite premiums being paid.
You might provide a basic group term policy to all of your full - time employees and / or fund a bonus plan for key executives with cash - value life insurance.
«A key approach to training employees on food labeling is understanding the order in which ingredients are listed, where the ingredients are sourced, and what the nutritional value and health benefits of these various ingredients are,» she said.
Think of it as a «corporation - specific optimization» that creates value for key stakeholders — from shareholders to employees and customers.
Whether the employees are a key resource in a merger or acquisition or not, understanding the quality and structure of company's management and employee base is often important to understanding the value of a company.
«Taking intelligent risks is one of our core values and key in continuing to drive innovation in a company that wants to remain entrepreneurial even as it matures into an 8,000 - employee global player».
In the case of key man insurance, the value of the employee or executive may be measurable, in which case 5 - 10X annual production is appropriate.
Key man insurance, commonly referred to as key person insurance, is the most effective and efficient tool a business can use to guard against the death or disability of a highly valued employee or business ownKey man insurance, commonly referred to as key person insurance, is the most effective and efficient tool a business can use to guard against the death or disability of a highly valued employee or business ownkey person insurance, is the most effective and efficient tool a business can use to guard against the death or disability of a highly valued employee or business owner.
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 busineKey person life insurance covers one (or more) of your key employees, with the primary goal of protecting the value and ongoing operations of your businekey employees, with the primary goal of protecting the value and ongoing operations of your business.
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.
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.
The company's cost for the plan is minimal and may be funded with a cash value life insurance policy that is purchased by the company for the benefit of a key employee.
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The death benefit could be assigned to the employee's loved ones and the accruing cash value in the policy could ultimately be used by the employer to fund payments (retirement income) of the key employee.
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Funding a split dollar plan is a way to reward a key employee while accruing cash value in a whole life insurance policy that can serve as a ready source of funding for the employer.
One of the key benefits that young employees value in the Group Health Insurance (Group Mediclaim) provided by the company is the Maternity Benefit.
Key Person Insurance Is Ideally About Protecting Your Business From the Loss of a Key Employee or Business Partner, While Also Providing Value, Security and Incentives for Key Performers.
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... 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.
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.
Often times the business will use cash value life insurance to cover the life of the key employee (s).
Your company doesn't want to have to explain to a key employee (upon vesting of the policy) why a policy has little cash value despite premiums being paid.
The real impact on engagement is felt when it is part of other key elements in the organisational DNA, like the values that directly affect the employee experience.
The key is to emphasize the type of data important to your target employers to demonstrate your value as a prospective employee, whether it's a specific area of expertise or industry term common in your field.
With 10 + years of experience delivering workshops and presentations to individuals, non-profit and for - profit organizations, academic environments, and association conferences, I am an well - versed in delivering key information and support for attendees and employees in transition, looking to continue up the «ladder», or improve their value where they are.
We simply strip away all the fluff of traditional outplacement services and deliver the key ingredients we know displaced employees value most.
Professional Experience Boston Scientific Corporation (St. Paul, MN) 2005 — Present Director, Manufacturing Information Systems • Direct cross-functional teams on development and support projects valued in excess of $ 32 million • Responsible for the implementation of manufacturing execution systems world - wide • Hire, train, supervise, and review project management team ensuring efficient and effective operations • Set and strictly enforce departmental budgets, workflows, action plan, and project deadlines • Develop and implement new technologies, systems, and processes to streamline manufacturing operations • Build and strengthen strategic relationships with business partners, contractors, and industry leaders • Launch enterprise - wide asset management (EAM) system in three countries and four manufacturing plants • Develop long range strategic plan for key manufacturing systems including Manufacturing Execution Systems (MES) • Work in both matrix and functional environments and facilitate continuous improvement and adoption of best practices • Launch and maintain effective engagement and process alignment strategy among international customers • Successfully design and launch IS - wide employee training and development program • Design and implement 24 × 7 information technology help desk for manufacturing applications • Serve as director of the University of Minnesota intern recruitment program • Consistently recognized and promoted for excellence in project and personnel management
Key Highlights: • Authored RFI's, prepared the SOV's (Schedule of Values) for pay applications, all submittals and hiring of employees and subcontractors.
Professional Duties & Responsibilities Managed all aspects of branch location including personnel and daily operations Oversaw employee hiring, training, performance reviews, compensation, and termination Interfaced with business, insurance, and investment partners to provide holistic client service Analyzed local, niche, and national markets to identify potential sales opportunities for clients Generated significant revenue through successful leveraging of bank products and services Built long - term relationships with key industry contacts to expand company reach and sales Conducted Management Self Assessments, audits, and compliance activities Monitored adherence to legal and corporate procedures protecting company and client assets Resolved escalated customer service issues promptly, professionally, and effectively Implemented measures to significantly increase operational efficacy and efficiency Identified and developed high potential employees increasing their value to the company Designed and implemented employee recognition program elevating corporate morale Performed teller services including cash handling and bank vault oversight Tracked sales referrals guaranteeing observance of proper procedures and policies Reviewed ledgers, branch audit logs, and closeout, balance, and M&D reports Provided excellent customer service resulting in client satisfaction and repeat business