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This extension to the traditional career ladder allows employees to be promoted along either a supervisory or technical track. Dual career ladder programs are common in the engineering, scientific and medical industries where valuable employees have particular technical skills but may not be inclined to pursue a management career path. [4]
WAEPA was formed during World War II, when, at the request of U.S. President Franklin D. Roosevelt, U.S. Secretary of the Treasury Henry Morgenthau Jr. contacted life insurance companies throughout the country asking if they would provide a maximum of $10,000 of life coverage for civilian government employees serving in war zones. [4]
The Federal Employees' Group Life Insurance Act (FEGLIA) is a United States federal statute passed by the 83rd U.S. Congress and signed into law by President Dwight D. Eisenhower on August 17, 1954. [2] The act provided for a group life insurance policy for most federal employees, similar to those provided for employees of most large industries.
A dead-end job is a job where there is little or no chance of career development and advancement into a better position. If an individual requires further education to progress within their firm that is difficult to obtain for any reason, this can result in the occupation being classified as a dead-end position. [1]
Key man insurance is a type of life insurance policy that companies purchase on the life of a founder, owner or critical employee. It’s also called key person or key employee insurance.
Supplemental life insurance is designed to boost the coverage your employer’s basic group life policy provides, allowing you to secure a higher death benefit than the base policy alone. Many ...
LOMA offers an employee training and development program used by the majority of American life insurance companies, and by life insurance companies in over 70 other countries worldwide. [4] The president and CEO of LL Global is David Levenson. [5] LOMA administers a series of designation programs.
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