Carefully considered use of current cash compensation and core welfare, retirement and fringe benefits should be supplemented with current and deferred incentive compensation to motivate each employee to focus on maximizing productivity and profitability.
Employees who understand their compensation and benefit packages and the key factors that drive the value of their compensation and benefits are more likely to appreciate the value of their compensation package and are less likely to look at other options.
Well designed and implemented plans that are also well communicated help attract and retain valued employees. Talented, experienced people are too valuable and difficult to find and even more difficult to replace. Let Jackson, Rolfes, Spurgeon & Co. help you attract, retain, and motivate an efficient and effective workforce.
Current Compensation Plans: Base Pay, Bonus or Profit Sharing Plans, Incentive Pay Plans, Equity Based Incentive Plans
Welfare Benefits: Health, Prescription, Dental, Flexible Spending and Disability Plans
Retirement Benefits: 401(k), Profit Sharing, SEPP, Simple, Pensions, Executive Deferred Compensation
For more information, please contact us and ask for James Minutolo.
