Tell them directly what needs to be said but in a non-degrading tone. Sympathize if need be.
A sole can't be a firm since that implies more than one person and to register as sole in most cases employees not allowed
A financial incentive a firm may offer to encourage employees to accept an early retirement offer is a lump-sum payment or enhanced pension benefits. This can include a one-time cash bonus or an increase in monthly retirement benefits for a specified period. Such incentives aim to make early retirement financially attractive, helping the firm reduce its workforce costs while providing employees with a compelling reason to retire sooner than planned.
A stakeholder is any group or individual that has in any way something to do with a firm and thus, an interest in the well being of the firm - for example the shareholders (as the owners), suppliers, employees, customers, the government, the press, the society etc
An effective reward system will slow turnover. The right incentives will encourage employees to remain loyal to the firm and increase their productivity.
The resources of a firm typically include tangible assets such as machinery, buildings, and inventory, as well as intangible assets like brand reputation, intellectual property, and customer relationships. Human resources, including the skills and expertise of employees, are also crucial. Additionally, financial resources encompass capital, cash flow, and access to funding, all of which enable the firm to operate and grow. Together, these resources contribute to the firm's competitive advantage and overall performance.
employees\
A firm can motivate and select service employees by giving them raises. They could also offer incentives like special treatments.
The ultimate resource of a firm is its people. Employees bring skills, expertise, creativity, and innovation to the organization, driving business success and growth. Without talented and motivated individuals, a firm would struggle to achieve its goals and compete effectively in the market.
Inputs such as wages and salaries to its employees.
as much as they possibly can
A sourcing firm will give the client a list of options to follow to obtain better personnel. A recruiting firm is going to actually do the recruiting to find better employees for clients.
.By sales or revenue turnover,example a small firm might have a turn over of less than 6 million and a medium size firm might have less than 20 million. .By the number of employees ,example a small firm might have about 50 or less employees while a medium firm could have between 50 and 200 employees. .By the total capital employed in a the business,example a small firm could have less than 5 million on their balance sheet whilst a medium firm could have between 5 to 20 million on theirs.
A stakeholder is defined as any party that has an interest in an enterprise or firm. Generally stakeholders include share holders, employees, customers and suppliers.
A sole can't be a firm since that implies more than one person and to register as sole in most cases employees not allowed
It is the TOTAL number of employees the firm employees nationwide, rather than just the number of employees in any one location which is the ruling factor in FMLA.
EPF Is mandatory if you have at least 20 employees. All employees are eligible for EPF
A beanfeast is a dinner party given to the employees of a firm, or, by extension, any similar social occasion.