If you thought employee rebellion was ending with the Great Resignation, think again. Quiet quitting is trending among workers today, as our economy and workforce continue to transform following the Covid-19 pandemic. What does it all mean for your business? What is...
If you are looking for a new financial incentive to attract and retain your most important executives, look no further. Deferred compensation may be an important feature that you have yet to offer in your company’s retirement benefits. KEY POINTS NQDC plans let...
The most challenging aspect of running your business today is key employee retention. How do I keep my top executives happily employed and prevent them from leaving for another job? That is the million-dollar question that we, as owners, face every day. There are...
What is Profit-sharing? Profit-sharing is a type of defined contribution retirement plan that allows employers to share a pre-tax percentage of their company’s profits with employees. They are popular with business owners because of their flexibility. The...
Employee turnover is a huge problem. For one, it’s an expensive problem. Some studies predict that every time a business replaces a salaried employee, it costs 6 to 9 months’ salary on average. For a manager making $100,000 a year, that’s $50,000 to...
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