Key Employee (key Person)

Definition of "Key employee (key person)"

SrDerra DavisWilson real estate agent
SrDerra DavisWilson, Real Estate Agent United Real Estate Columbia

Individual who possesses a unique ability essential to the continued success of a business firm. For example, this individual might have the technical knowledge necessary for research and development of products that keep the company at the cutting edge of its field. The death or disability of this key individual could severely handicap the company.

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