In a previous post, I heard from someone who had to make a difficult decision on how long to pay an employee who'd had a heart attack. Unfortunately, this owner did not have disability insurance. He'd been paying the disabled employee for the three months he was off. But at some point he needs to replace this person and he's wondering how to end this. The question remains, how long do you continue paying an employee when you do not have insurance and when it's clear the employee isn't coming back any time soon? There are a lot of factors to consider: How long has the employee been there? How important is the person to the company? What can you afford?
With regard to the example raised by the person who commented on my original post, I believe that the amount of money paid to the employee was responsible, but at some point, the owner needs to be responsible to his business. Some jobs cannot be temporarily staffed.
I'd be interested to hear what others have done in this situation. Any thoughts you'd like to share?
- Five Requirements for a Successful Franchise Model
- Part II: When Do You Stop Paying a Disabled Employee?
FROM OUR PARTNERS
- Smarty Pants
- Maryland – #1 in Innovation & Entrepreneurship
- New Data on Success
- New book BUSINESS BRILLIANT by Inc.com blogger Lewis Schiff
- Old Dominion
- No matter what you ship, your business is our business. Visit odpromises.com.
- Constant Contact
- Over 500,000 Small Businesses Use Constant Contact®. Safe, Simple.
- The rugged Torque
- Buy 1 Kyocera Torque, get 4 free. Only at Sprint. Restrictions apply.
- Undesk your desk phone:
- ShoreTel Dock for iPad/iPhone. BYOD better.
- Business Essentials
- Represent Your Company With A Custom Name Badge. Find It Here!
- Servers up to 45% off
- Technology optimized for today, but scalable for growing business needs.
- PCs You can Trust
- Discover how an ASUS PC with leading reliability is fit for your business