@147 CHAP ZZ
 
                        PERSONNEL POLICIES SUMMARY
 
>                       FOR:  @NAME                                    
>                  [Enter subtitle, company name, etc. here]
>                  ____________________________________________________
 
          1.  WORKING HOURS.   Describe briefly the policy you will set
              for working hours, including starting time, how much time
              will be allowed for lunch,  knocking-off time,  and which
              days of the week employees will be expected to work.  If,
              like many  companies these days,  you want to adopt  some
              kind of "flex-time" system, spell out how that will work.
>                  ____________________________________________________
>                  ____________________________________________________
>                  ____________________________________________________
>                  ____________________________________________________
>
          2.  OVERTIME.   Outline your company policy on overtime work.
              Refer to the "Legal Matters"  submenu of this program  or
              to Sections 11.5  and 5.7  of the "STARTING & OPERATING A
              BUSINESS" book for your state for an outline of the state
              and  federal labor  law requirements for  paying overtime
              premiums.  Points to consider here will include:
 
                   (a) Whether you will pay "exempt" (administrative or
                       professional)  employees overtime  if they  work
                       extra hours, and
 
                   (b) Whether you will require  employees to first ob-
                       tain permission before working overtime.
>
>                  ____________________________________________________
>                  ____________________________________________________
>                  ____________________________________________________
>
          3.  COMPENSATION.   Make a list of the job  positions in your
              company other  than your own,  and the compensation level
              for each.   Also write out a specific job description for
              each position where indicated below in this worksheet (by
              inserting as many additional new lines as you need), out-
              lining duties and responsibilities for each job position.
 
                                                               Total
                         Position          Wage    Salary   Monthly Pay
>                  ____________________   ______   ______    ________  
>                  ____________________   ______   ______    ________  
>                  ____________________   ______   ______    ________  
>                  ____________________   ______   ______    ________  
>                  ____________________   ______   ______    ________  
>
          4.  VACATION POLICY.   Describe  how much paid  vacation your
              employees will have,  how this  may increase after a cer-
              tain number of years of service and whether vacation time
              and sick leave time  off will  be combined  into a single
              category for employees as some companies now do to reward
              employees who do not abuse sick leave,  and to discourage
              others  from using  sick leave as  additional vacation by
              playing "hooky." Will you pay employees who terminate for
              unused vacation?  (The laws of many states require you to
              do so.)
>
>                  ____________________________________________________
>                  ____________________________________________________
>                  ____________________________________________________
>
          5.  SICK LEAVE POLICY. Outline your policy for both paid sick
              leave and unpaid  sick leave,  or whichever you choose to
              provide, if not both. (Note: Sick pay is no longer exempt
              from FICA tax, in general.)
>
>                  ____________________________________________________
>                  ____________________________________________________
>                  ____________________________________________________
>
          6.  LEAVES OF ABSENCE.   What will your policy be towards em-
              ployees who request unpaid leaves of absence?
>
>                  ____________________________________________________
>                  ____________________________________________________
>                  ____________________________________________________
>
          7.  TIME OFF WITH PAY.   Will you provide other time off with
              pay for such eventualities as  funerals or emergencies in
              an employee's immediate family?  Jury duty?  The birth of
              a child?
>
>                  ____________________________________________________
>                  ____________________________________________________
>                  ____________________________________________________
>
          8.  PROMOTIONS AND EVALUATIONS.  Outline your firm policy for
              evaluating  employees'  performance and  determining when
              promotions will be made.
>
>                  ____________________________________________________
>                  ____________________________________________________
>                  ____________________________________________________
>
          9.  FRINGE BENEFITS. Consider which of the following employee
              fringe benefits you will provide and indicate in specific
              terms just what your  policy will be for each  that is to
              be provided.
 
>                  (a) Medical Insurance. _____________________________
>                  ____________________________________________________
>                  (b) Long-term Disability Insurance. ________________
>                  ____________________________________________________
>                  (c) Life Insurance. ________________________________
>                  ____________________________________________________
>                  (d) Dental Insurance. ______________________________
>                  ____________________________________________________
>                  (e) Medical Expense Reimbursement. _________________
>                  ____________________________________________________
>                  (f) Child Care Benefits. ___________________________
>                  ____________________________________________________
>                  (g) Maternity Benefits. ____________________________
>                  ____________________________________________________
>                  (h) Pension or Profit Sharing Plans. _______________
>                  ____________________________________________________
>                  (i) Paid Holidays. _________________________________
>                  ____________________________________________________
>                  (j) Autos or Auto Allowances. ______________________
>                  ____________________________________________________
>                  (k) Expense Accounts. ______________________________
>                  ____________________________________________________
>                  (l) Employee Discounts on Purchases. _______________
>                  ____________________________________________________
>                  (m) Stock Options (if incorporated). _______________
>                  ____________________________________________________
>                  (n) Incentive Bonus Plan. __________________________
>                  ____________________________________________________
>                  (o) Other Fringe Benefits (describe). ______________
>                  ____________________________________________________
 
          10. PLACEMENT FEES.   If you hire employees through a person-
              nel agency or "headhunting" firm, will you pay the place-
              ment fee charged by such agency?
>
>                  ____________________________________________________
>                  ____________________________________________________
>                  ____________________________________________________
>
 
 
                             --END OF CHECKLIST--