IECRM MEMBER NEWS AUGUST 2016
Forces of Nature
Natural disasters can occur anytime, anywhere and can destroy years of hard work in an instant. With proper planning, their impact on your livelihood can be minimized. If you haven’t developed a disaster plan for your business, or need to update your current plan, the following steps may help. READ MORE
HR Question of the Month:
Work injury – Is offering Over-the-Counter (OTC) medication a risk for business?
Question: An employee was stung by bees while working outside. The employee refused medical treatment, and the company submitted the workers’ compensation claim as first aid only. The employee was given the rest of the day off with pay, and offered modified duty until they felt ready to go back. The employee went back to work the next day with no problem. Could the company have recommended that the employee take an antihistamine? Since medical treatment was refused, all the company had available was OTC/first aid. READ MORE
Don’t Take a Chance – Valuation Methods for Buy-Sell Agreements
A Buy/Sell Agreement helps a business owner “lock in” a value for the business. The Agreement does this by using a “valuation formula.” The formula you use could mean the difference between receiving liquidation value or fair market value. Does your valuation formula lock in fair market value? READ MORE
Welcome New IECRM Members!
Improve Ergonomics to Reduce Worker Strain Injuries
Office ergonomics affects workers in industries as diverse as construction, health care, manufacturing, retail and the public sector. It comes into play whenever soft-tissue strain results from improper or repetitive body movements, as well as lack of motion. READ MORE