Key Employee — An employee with a major ownership and/or decision making role in the business. Key employees are usually highly compensated. They may also receive special benefits as an incentive both to join the company and to stay with the company. Key… … Investment dictionary
Key Employee Retention Plan — These plans were traditionally put in place in bankruptcy cases as incentives to upper management to continue working for the debtor throughout the bankruptcy. KERPs have been substantially curtailed under the 2005 amendments to the bankruptcy… … Glossary of Bankruptcy
key employee — Any Reservist identified by his or her employer, private or public, as filling a key position … Military dictionary
key man insurance — USA Life insurance, disability insurance or both purchased by a company on a key employee to compensate the company for financial losses relating to the absence of that employee. Practical Law Dictionary. Glossary of UK, US and international… … Law dictionary
key — adj: of vital importance (as in a business organization) esp. so as to be specially insured to the benefit of an employer key man key employee insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
key-person assurance — An assurance policy on the life of a key employee of a company, especially the life of a senior executive in a small company, whose death would be a serious loss to the company. In the event of the key person dying, the benefit is paid to the… … Big dictionary of business and management
Employee engagement — is a concept that is generally viewed as managing discretionary effort, that is, when employees have choices, they will act in a way that furthers their organization s interests. An engaged employee is a person who is fully involved in, and… … Wikipedia
Employee value proposition — is a term used to denote the balance of the rewards and benefits that are received by an employee in return for their performance at the workplace. [cite web|url=http://www.recruitersnetwork.com/articles/article.cfm?ID=1456|title=The Employee… … Wikipedia
key performance indicator — UK US noun [C] (ABBREVIATION KPI, also key indicator) ► ECONOMICS, HR one of the most important indicators (= something that shows what a situation is like or how it is changing) that show how well an economy, company, project, etc. is doing, or… … Financial and business terms
key prospect — UK US noun [C] ► MARKETING a person, company, etc. that may become an important employee or customer: »It is worth tailoring your advertising campaign to appeal to your key prospects … Financial and business terms
