Your company needs an employee handbook or personnel manual to ensure that everyone understands the policies, procedures and rules. But improperly drawn, a handbook or manual can create a binding obligation that can be used against you. What you don’t want is for the documents to be interpreted as an employment contract. Keep that in…
Law firms are always looking for creative ways to maintain the firm’s continuity if one of the major partners dies. Many enter into buy-sell agreements, which sell the interests of a deceased or departing owner to the remaining partners using a predetermined price or formula. The 11th Circuit Court of Appeals gave companies another buy-sell continuation…
Insurance can be complicated, and reading every word of an insurance contract could leave you comatose. That’s where the expertise of insurance professionals comes into play. A seasoned advisor who understands the risk profile of your business will be invaluable. Before you choose a representative, however, you should know how an insurance agent differs from…
The best way to motivate employees, day-after-day and long-term, is by “facilitating progress – even small wins.” That’s the surprise finding gleaned from research detailed in the new book The Progress Principle: Using Small Wins to Ignite Joy, Engagement and Creativity at Work. Co-authors are Teresa Amabile and Steven Kramer. Amabile is the Edsel Bryant Ford Professor of Business…
Perhaps you’ve walked into the office recently to find that a top performing employee wants to work from home or the perfect applicant will take the job only if you allow telecommuting. Unless your company has been preparing for these issues for several months, you may have a problem accommodating these requests. Three Telecommuting Essentials Hardware:…
Managing risk is becoming an increasingly important business concern because data security is not an issue that can be permanently resolved. Adding new complexity to internal security challenges, the new data privacy protection laws place an additional burden on organizations to prioritize security measures around consumer data. In this escalating risk environment, a risk management…
The policies and procedures template discussed in the webinar is available for download here.
Internal fraud drains approximately $4 trillion annually from global businesses, according to recent estimates, and not-for-profit organizations are not exempt. The median loss suffered by a not-for-profit group victimized by fraud was $90,000, according to the 2018 Report to the Nations by the Association of Certified Fraud Examiners (ACFE). Although organizations can experience pilferage from…