How to avoid problems when firing a key employee

Article Abstract:

There are certain considerations before terminating an important employee. Some things to consider are that the termination should be done formally. The executive's signatory privileges should be withdrawn immediately. It is also advisable to consult the company's bylaws and charters for clarification. Furthermore, the terminated employee should be given all the benefits due to him. Lastly, a lawyer should be consulted for sound advice.

Methods, Human resource management, Executives, Employment at will

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Is a SEP for You and Your Employee?

Article Abstract:

A retirement plan that avoids expense is the Simplified Employee Plan (SEP). With the SEP, a company puts money directly into the IRA account of each employee. Advantages and disadvantages of this plan are described. A $30,000 limit per employee is one major disadvantage. Careful consideration is advised.

Retirement pensions

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Reducing problems with employee terminations

Article Abstract:

Best practices for the employers to reduce problems during employee terminations are presented.

United States, Employee Termination, Employers, Vocational guidance

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