Compensating Key Employees
The most valuable assets of just about any growing business are its key employees. Compensating them properly—rewarding and motivating key people—is critical to the ongoing success of your business. But how can you afford to do that when the business is young and money is tight?
Go beyond salary. Compensation can come in a variety of forms. In addition to salary, consider a bonus plan, deferred compensation plan, and/or supplemental insurance