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www.reference.com/article/employees-important-business-f0f1cd6a82d4e05a

Employees are important to businesses because they enable those businesses to operate and offer valuable knowledge that helps businesses become successful. They are loyal to a company if they believe that they are treated well, another factor that enhances a company's s...

www.reference.com/article/importance-employee-benefits-90773238a8daacb

Employee benefits are offered in order to meet state and federal compliance. Various kinds of benefits also serve to lure the best applicants to an organization and to retain existing workforce. It is important to maintain employee benefits as a means of loyalty and tal...

www.reference.com/article/reasons-employee-retention-important-24e460fbf69a5bc1

Employee retention is important because of the direct costs of replacement, which can include a lengthy training period, and the indirect costs of lowered productivity that can result from high employee turnover rates. The loss of a single key employee, for example, can...

www.reference.com/article/important-components-employee-code-conduct-4d6bf3ad1d451319

Important components of an employee code of conduct include a code of ethics that highlights the values the employees must uphold. A good employee code of conduct outlines decision making, encourages positive employee relationships, and acts as a reference manual for so...

www.reference.com/article/employers-train-employees-c7890876ba9796db

Employers train employees to ensure they fully understand their job duties and adjust to the new position and company quickly, as stated by Training Today. Training should involve familiarizing the employee with policies and procedures so that there are no issues due to...

www.reference.com/article/illegal-pay-employees-cash-9d7f0a67b70272d5

It is not illegal for employers to pay employees in cash, reports About.com, although this practice can get business owners in trouble with the government over tax evasion. Employers also risk running afoul of worker's compensation laws. To avoid legal troubles, employe...

www.reference.com/article/money-important-e1713a00ecad2bfd

The primary importance of money stems from its economic benefits: money allows for the expansion of goods and products available to consumers and diversifies markets. Prior to the introduction of money into global economies, goods and services were exchanged in lieu of ...