What are the four basic financial ratios?
How many collectors are needed to achieve industry standards? Question: Is it fair for my partner’s wife, who works in our billing department, to take the same amount of vacation as her husband — even if it’s unpaid? I suspect the staff resents this privilege and resents having to pick up her workload when she’s away from the office. Answer: Employee vacation time should be stated in the office policy manual for all employees unless exceptions are noted in the manual. The partner’s wife, as an employee, is entitled to the amount of vacation time as outlined in the office policy manual. To make exceptions is not a good practice as it defeats the purpose of office policy and undermines staff morale. Question: Is it true that I should have a witness present when dismissing someone? Does this afford added legal protection against a wrongful termination suit? Answer: It is always advisable to have a witness present when terminating an employee. The witness should be the managing physician,
