Details

Autor(en) / Beteiligte

• Levine, Deb

Titel

What should we consider before offering company loans to our employees?

Ist Teil von

• HR Magazine (Alexandria, Va.), 2014-02, Vol.59 (2), p.20

Ort / Verlag

Alexandria: Society for Human Resource Management

Erscheinungsjahr

2014

Link zum Volltext

Quelle

EBSCOhost Business Source Ultimate

Beschreibungen/Notizen

• A question on what to consider before offering company loans to employees is answered. As with any other benefit offered, develop a detailed written policy that sets the stage for consistent treatment of all employees. Factors to consider include: 1. Circumstances for making a loan. 2. Total and individual maximums. 3. Length of loans. 4. Repayment method. You also may want to consult with an attorney to find out whether there will be any tax consequences from the loan program or other factors you need to consider.