RSS FEED

AP - Interest rates on short-term Treasury bills fell to the lowest levels in two weeks in Monday's auction.

Fed governor resigns, leaving 3 vacancies (AFP)

AFP - The Federal Reserve said Monday that Randall Kroszner submitted his resignation as a member of its Board of Governors, effective January 21.

ADDITIONAL INFO And he won't feel embarrassment about missing work on Saturday and Sunday. Keep any suspicion of worker theft to yourself or confide in upper management. A voluntary package program frequently means poor to average-performing workforce are the only ones left. Be concise and direct about the missteps of the employee and the job termination proceedings will be over within moments. Gross misconduct in itself is the refusal by an employee to follow a valid instruction from an individual in the jobholder's chain of command. If possible, write the memorandum ahead of time and present it to the jobholder during the termination meeting. A good company can't run with employees that do not want to perform their work. If you don't increase your productivity within the next 30 days according to the directives in this warning, we'll fire your employment with our firm. Having a collection of sample worker termination memorandum templates readily available can make the dismissal process easier for the entrepreneur or Personnel Manager. In such cases, the reasons for the layoff may include intoxication on-the-job, violence, verbal abuse, sexual harassment, and gross misbehavior. If you have completed the first two steps in the lay off program and the employee still is not working up to your directives, it is time to begin separation proceedings.

And, if you're dimissing for an wrongful reason, you'll at least know you're inviting a suit. It shows a jury you carefully considered the layoff before carrying it out, and you gave the problem worker "due method." It also shows someone else in the company supported the decision. For example, when you separated him for a productivity problem or laid him off as a cost cutting move, the commission always favors the sacked employee. During a sacking, you must cover why they will no longer be working at the company. It must be a valid assignment within the bounds of reason and normal business program.