Creating the Best Compensation Packages for Your Management Team

Contact Request an Appointment   If you run and own a company, you know that it can be a real challenge to figure out the compensation package for your management team. Sometimes, your management teams are family; sometimes they’re not. Sometimes you may want your management team to become stockholders. Oftentimes if you build a compensation plan that is too rich and performance isn’t associated with the money the management team is making, then the company can begin to drift financially. It’s important to do a study to determine the right type of compensation plan for your management team. For example, do you want to have a low base with high bonuses based on profits and performance? Or do you … Read More