Hadwin Jones keyman coverage provides clients with a way to mitigate risk associated with key employees suddenly becoming unavailable. The service is applicable where a client has identified an internal exposure to one specific highly skilled employee and it is not feasible for the business to carry multiple employees in the role to provide backup. Hadwin Jones provides a client solution by suppliying a suitably skilled resource to work (part-time) alongside the key employee so that they can remain up to date with the key employees activity. The contractual agreement protects the client’s total cost exposure in using this service by placing limits on both the number of hours the Hadwin Jones employee works, and the number of hours they will be available should the key employee disappear. This enables the client to match their calculated risk exposure against the amount they budget for mitigation.
Contact your Hadwin Jones representative if you would like to find out more about this service.