Normally when an employee is being fired the company tries to protect the IP by not letting the fired employee retain access to the IP. The devices still have value, that may mean that the gifting of the devices counts as income.Ĭorporate intellectual property. Taxes: make sure you understand the impact of the gift on the company and the former employee. There are a number of things to consider. Was thinking we could agree to sell it to him for a token sum and deduct it from his last paycheck assuming he agrees to this?Īnyone have a strong motive to not do this? Rather I think he would say good things about us even after termination provided it is done properly and value the companies reputation. It was not so many years ago I could see losing my job and then having an unexpected expense would really hurt on a personal finance level and I have no desire to embitter a former employee.
Empplyees computers at work Pc#
I wish to do this so a young man is not left without a job or his PC and Phone. I understand it is unnecessary and an act of kindness. We will collect them and reset the devices but I expect the device would mean a lot if I can leave with him.Īdministratively what is the easiest way to grant it to him?Ĭost wise I am fine just giving it to him provided we can factory reset the device to ensure all company files are removed. His company PC and Phone I know he uses as his primary devices.
He has been warned and failed to correct so the decision to fire him is made. I wish him no ill will but he has been non-performant for several months and had some personality conflicts with others in the company.
Situation is: I am owner and CEO of a company.
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