Give your employees a “piece of the action” — an incentive stock options plan can be one of the best incentives ever… But you need to understand some of the gotchas involved and learn fro those who have gone before. Sometimes startup employees often do not get treated very well when it comes to stock…
Is it legal to fire a worker if he or she is looking for another job? “Yes, it is legal,” said a partner at a Philadelphia-based law firm. Whether or not it is advisable depends on the circumstances. While most people work “at will”—meaning they can be fired for any reason, at any time, as…
A business leader recently called seeking advice about a problem employee. The employee had taken an extensive amount of time off from the company, time that far exceeded the vacation or sick policy. Performance had slipped and feedback was given but was only documented in emails and personal notes versus a corrective action notice as…
Department of Labor Investigates — and wants your money Department of Labor statistics show 73% of its investigations result in violations. Four areas that regulators focus on—and that you need to double-check: (Let’s see… We need to look at just 4 areas of any business and we have a 73% $ucce$$ rate…) Employee records retention. States…
“Sickness is the vacation of the poor.” ~ Apollonaire Will you combine paid time off into one category or will you separate it out into sick and vacation time? It is easier to categorize it all as paid time off only; if you use both sick and vacation time, you can potentially end up penalizing…