Comments on: Should You Continue Paying Your Employees During a Business Interruption Loss? http://hutsonresourcegroup.com/2010/06/14/should-you-continue-paying-your-employees-during-a-business-interruption-loss/ John Hutson, Hutson Resource Group, Forensic Accountant, Fraud, Business Interruption, Business Income, Insurance Claim Preparation, Extra Expense, Valuation, values at risk, Thought Leader Thu, 16 Jun 2011 05:12:56 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: John Glenn, MBCI http://hutsonresourcegroup.com/2010/06/14/should-you-continue-paying-your-employees-during-a-business-interruption-loss/comment-page-1/#comment-35 John Glenn, MBCI Tue, 15 Jun 2010 23:19:53 +0000 http://hutsonresourcegroup.com/?p=1376#comment-35 In a word: "Y E S" (keep paying your employees). The blog excellently points out the need for business interruption insurance and some of the consequences of failing to read the "small print" (including a requirement for in-depth record keeping prior to an event). Skilled, talented employees are a valuable resouce and can be expensive to replace, especially when customer loyalities are involved. As an enterprise risk management practitioner, I recommend to all clients to consider the blog question and to create - and publicize - policies and procedures covering disaster event-related issues (furloughs, over-time, communications, and much, much more). A very good question that requires thoughtful consideration BEFORE an event. John Glenn, MBCI JohnGlennMBCI at gmail. com In a word: “Y E S” (keep paying your employees).

The blog excellently points out the need for business interruption insurance and some of the consequences of failing to read the “small print” (including a requirement for in-depth record keeping prior to an event).

Skilled, talented employees are a valuable resouce and can be expensive to replace, especially when customer loyalities are involved. As an enterprise risk management practitioner, I recommend to all clients to consider the blog question and to create – and publicize – policies and procedures covering disaster event-related issues (furloughs, over-time, communications, and much, much more).

A very good question that requires thoughtful consideration BEFORE an event.

John Glenn, MBCI
JohnGlennMBCI at gmail. com

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