Comments on: What legal and ethical responsibilities does a firm have to its employees when it decides to cease operations? http://www.legaldot.net/blog/what-legal-and-ethical-responsibilities-does-a-firm-have-to-its-employees-when-it-decides-to-cease-operations/ Thu, 17 May 2012 13:22:40 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Eagles Fly http://www.legaldot.net/blog/what-legal-and-ethical-responsibilities-does-a-firm-have-to-its-employees-when-it-decides-to-cease-operations/comment-page-1/#comment-2803 Eagles Fly Fri, 15 Jan 2010 08:41:19 +0000 http://www.legaldot.net/blog/what-legal-and-ethical-responsibilities-does-a-firm-have-to-its-employees-when-it-decides-to-cease-operations/#comment-2803 I would let all employees know well in advance that you plan to close down. That will give them time to look for new employment or receive job training. If there is any money left in the coffers, you could consider paying for their job training if there is a cost. You can ask if any one wants a letter of reference that you would be willing to do that for them. Ask them how many copies they think they will need. Reference letters can be an important part of future employment. Severance pay would be nice if this is possible. Other wise perhaps a check to thank them for their service to you. Something is always better than nothing. Even those who worked less than five years deserve the same. Reference letters for sure. Any monies is entirely up to you. Don't forget about unemployment compensation.<a href="http://www.jewelrymakingidea.com/jewelry-making-silver-supply.htm"> Eagles Fly</a> I would let all employees know well in advance that you plan to close down. That will give them time to look for new employment or receive job training. If there is any money left in the coffers, you could consider paying for their job training if there is a cost.

You can ask if any one wants a letter of reference that you would be willing to do that for them. Ask them how many copies they think they will need. Reference letters can be an important part of future employment.

Severance pay would be nice if this is possible. Other wise perhaps a check to thank them for their service to you. Something is always better than nothing.

Even those who worked less than five years deserve the same. Reference letters for sure. Any monies is entirely up to you.

Don’t forget about unemployment compensation. Eagles Fly

]]> By: LetMeBe http://www.legaldot.net/blog/what-legal-and-ethical-responsibilities-does-a-firm-have-to-its-employees-when-it-decides-to-cease-operations/comment-page-1/#comment-2802 LetMeBe Tue, 12 Jan 2010 19:35:38 +0000 http://www.legaldot.net/blog/what-legal-and-ethical-responsibilities-does-a-firm-have-to-its-employees-when-it-decides-to-cease-operations/#comment-2802 Why don't you contact the Depart of Labor?<a href="http://www.myadoptedbaby.com/adoption-china/china-adoption.htm"> LetMeBe</a> Why don’t you contact the Depart of Labor? LetMeBe

]]>