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Some readers asked what "subsidy" employers get from 401(k) advisors and mutual fund families. Here's the way it works. Brokers and fund families (with few exceptions) make.
Announcing your retirement a few months in advance is often considered a courtesy to your company. Not only does it give your employer time to manage the transition and hire a replacement, but it ...
A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
Rules concerning mail; use of the telephone, company equipment, Internet and e-mail; and employee use of motor vehicles for job assignments. Procedures on handling on-the-job accidents, such as those that result in injury. How an employee may voluntarily terminate his/her job (through retirement or resignation), and exit interviews.
“People in this situation may think about taking a career change, opening a business or taking a part-time job and using retirement income to make up the difference in income needs,” says Czajka.
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When workers miss work, (especially in jobs in which one's workload would require to be substituted for the day, such as teachers, cashiers, servers, etc.), it is generally expected by employers that workers call in advance to inform of their absence so that their position can be substituted by other workers.
Fortunately, you can prepare for this transition well before your last day on the job. We’ll discuss why tweaking your budget pre-retirement is essential, share which expenses you can cut and ...