Key Employee

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Key Employee

A very important employee. A key employee may have contacts highly beneficial to the company, may work hard and generate more revenue than any other employee, or may have some other skill that would be difficult or impossible to replicate in another employee. Often, but not always, a key employee is a manager. A company may purchase key person insurance to protect itself against the possibility that an employee may unexpectedly die or become unable to work, which would deprive the company of his/her skills.
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References in periodicals archive ?
These two steps, which were conducted simultaneously, incorporated a series of meetings that included key Woman's Hospital management staff, HKS representatives, and a cross-section of staff from labor delivery, gynecology, oncology, mother/baby, anti-partum, NICU, and maintenance, totaling more than 100 people (figure 6).
During this early Beat period, he was involved in a scandal over the murder of Dave Kammerer by his friend Lucien Carr, which led to the first of Kerouac's two marriages, but the key woman in Kerouac's life was his mother.
A testimonial for the Key Woman Award read that Kate is "a driven, caring whirlwind.
As the key woman in his life for so many years, she will have had a profound affect on him, almost despite himself.
This year's newly-introduced Key Woman of the Year Award, sponsored by Darlington Building Society, went to Paula Gascoigne for her Smile for Life Children's Charity, and Liz Prudhoe came top in the North East Social Enterprise Partnership-sponsored Best Social Enterprise category with her company, Adapt (North East).
This year also sees the launch of the new Key Woman of the Year Award, which gives any North East woman working within a business - not necessarily an entrepreneur - the chance to be recognised for playing a key role in the transformation, development or growth of a company.