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Showing 3 posts in Employee Benefits.

Motivating Your Employees

Owners have a great reason to work hard to grow their business—they’ll make more money. Do your employees have the same motivation? If not, you should consider improving your business’s compensation strategy.

Typical compensation strategies often motivate employees to do just enough to keep their jobs. An example is the strategy of combining a competitive base salary with a discretionary annual bonus program. Although the resulting competitive pay should help to attract and retain employees, it will often fail to align your employees’ goals with the goals of the business. Read More ›

Categories: Employee Benefits, Tax

Avoid Taxes and Penalties on Your Business’s Compensation Arrangements

compensation arrangementsHas your business promised to pay a benefit to an employee or an independent contractor at some time in the future? If so, your promise may be subject to the complex rules of Section 409A of the Internal Revenue Code. Read More ›

Categories: Employee Benefits, Tax

Encourage Your Employees to Grow Your Business

You have a reason to grow your business—you’ll make more money. You also have a reason to stick around—the proverbial pot of gold at the end of the rainbow. But what about your key employees? You should consider giving them the same incentives. Read More ›

Categories: Employee Benefits, Labor Relations