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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 ...
There is nothing pleasant about getting fired or laid off. It leaves you with much uncertainty about the future -- and rightfully so, as this means a temporary halt in income. But although you are ...
Here are the unseen financial and emotional benefits and costs with each option.
Dismissal (colloquially called firing or sacking) is the termination of employment by an employer against the will of the employee. Though such a decision can be made by an employer for a variety of reasons, [1] ranging from an economic downturn to performance-related problems on the part of the employee, being fired has a strong stigma in some ...
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 ...
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.
since 1986, it has prohibited mandatory retirement in most sectors, with phased elimination of mandatory retirement for tenured workers, such as college professors, in 1993. Mandatory retirement based on age is permitted for: executives over 65 years in high policy-making positions, who are entitled to a pension over a minimum yearly duration.
By Mary Naylor, CEO and Founder of VIPDesk. 1. Having customers hear your kids playing in the background. Working in a noisy area or with the TV on is distracting and no way to excel.