What You Need to Know About Severance Packages
A severance package provides pay and sometimes benefits to a departing employee. There are a few reasons why you may want to consider offering severance package.
Key Person Insurance: What Is It and Do I Need It?
Key person insurance is a hybrid between business insurance and life insurance. Companies can take out this type of insurance on the lives of certain employees to cover the risk of losing “key” workers.
What You Need to Know About Hiring Virtual Workers for Your Small Business
As a small business owner, you may be considering using virtual workers to expand your workforce. A virtual worker is an employee who uses technology to complete their duties outside of the traditional workplace setting. Many businesses today find this workforce model quite attractive for several obvious reasons. For one, having a virtual business work […]
Summer is Here and the Sun is Shining: Should Your Small Business Have a Vacation Policy?
Although there is no legal requirement for businesses to offer paid or unpaid vacation time to employees, it is common knowledge and good practice for employees to occasionally take time off in order to return to work more productive and engaged. If you decide to offer vacation time to your employees, a well written vacation […]
