Losing a job can be a traumatizing episode in life but the notion of losing your medical benefits and becoming ill, or involved in some sort of unexpected accident, can be cataclysmic. The Consolidated Omnibus Budget Reconciliation Act (or COBRA as it’s more widely known) of 1985, was brought to life to equip those who lose their jobs and medical benefits with a viable option to avoid such situations. Continue reading “Don’t be Snake Bitten – Get a Grip on COBRA”
Times are tough and you are confronted with the grim reality of a layoff for your employees. You can’t keep staff at the current level and survive the expense, but your business depends on the expertise and talent of your employees. What do you do? As one employer said to me, “I’ve gotten rid of the chaff, these people are my core! When work picks back up, I won’t be able to compete without them. If they go, my business goes!” Continue reading “Saving Your Assets in a Down Market”
“Communicate your policies to your employees.” “Put policies in writing, preferably in a handbook, and have employees sign that they have read them.” “Periodically review and update policies and distribute again to employees for their perusal and signature.” “Train your employees on your policies; test their understanding.” Good grief, Charlie Brown–enough! Continue reading “For Your Eyes Only…”
End of the year and those layoff notices started rolling in. Beginning of the year and the layoff notices haven’t stopped. Continue reading “Do a Little Dance…You’ve got business!”
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