Protecting Your Key People Before a Transition Tests Your Business Every business has at least one or two people whose departure would change things immediately. Not because of their title, but because they hold relationships, knowledge, judgment, or operating capacity that the rest of the business depends on. Whether the future involves a sale, a…
The Six Levers of Total Rewards – And Why Small Business Should Use All of Them Most business owners think about compensation and benefits in two buckets: what people are paid and what benefits the business can afford to offer. A natural place to start. There is significantly more available to owners who want to…
Compensation…Cost or Value? Compensation and Benefits Are Not a Cost Line. They Are a Value Lever. For many business owners, compensation and benefits live in the budgeting conversation. The discussion usually starts with what the business can afford, what others seem to be paying, and what has to be offered to stay reasonably competitive. A…