For years, we have been told that we should have three months of salary in our personal bank accounts in case we are laid off.
But what about businesses? And especially small businesses? In the future, is this something small companies should plan for and make a priority as the economy restarts? Some say yes. Some say it is a bridge too far.
But, for those of us that either work for or own a small business, perhaps it is something that businesses should consider and seriously evaluate – how can they set a three-month employee protection contingency of their own.
– Lyndsey Brzozowski, The OJT 100