Reuters - Financial news and information provider Reuters Group Plc said on Friday it had received a preliminary takeover approach from an unidentified suitor, sending its shares up as much as 30 percent.

Reuters shares rise on consolidation talk: traders (Reuters)

Reuters - Shares in financial information and news provider Reuters Group rose more than 6 percent on Friday, leading gainers on the FTSE 100 index, on talk it could be a target in media sector consolidation.

In this way, a owner or manager eliminates liability on their part and can hold the worker solely responsibility for any future missteps. It says you should give 60 days notice of a layoff when you plan to dismiss a third or more of the workforce at any one location. Once you document the problems with the employee, you can terminate him or her if he continues to cause problems. Don't use any firm or industry jargon and, if you do, explain what it means. As you know from Chapter 4, you give your standard discontinuance package for a low-risk termination. Go through the dismissal notification with emphasis on items in the discontinuance package. But sometimes circumstances force an employer to separate a worker. Always Document When Separating Personnel. In other words, have I ever counseled the jobholder, given a warning notice, provided enough training?

If a small business owner does not reinforce on regular basis the communication channels between him and his workers, a departure of an employee can disrupt the firm and heavily impact overall worker esprit de corps. For example, when you have thoroughly documented the worker's theft of firm property, you won't have to pay much over your first offer. Give him 3 days to give you his own productivity improvement plan and to rebut this warning. First, you'll lay off good people who depend on you and your small business to support their families. Do not get defensive at the comments you're receiving. However, if you're going to sack 500 or more employees at any one location, you also must give a 60 days notice.