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Creating a compensation plan can feel overwhelming because there are so many ways to structure the plan.
A great compensation plan:
- Creates a win-win-win for the employee, customer and company
- Rewards the behavior you want
- Boosts profitability and cash flow
The key problems with most compen...
Independent Contractor (1099) vs Employee (W-2)
Is it better to classify a worker as an independent contractor or employee?
There are pros and cons to both, but the decision should be based on the rules set by the IRS.
It is important to examine the relationship between the business and the wor...
Overview
Most employees believe their company’s net profit is 36% when the average across 212 industries is only 6%. Employees don’t know how much it costs to operate a business, because they have never owned a business. Employees rarely know the difference between revenue, profit and cash.
Do you...
Easy…invest more time in your hiring process.
I get it… it’s difficult to find great candidates so the thought of slowing down your hiring process may feel scary.
The reality is you’ll invest the time one way or another…either on the front end to ensure you hire the right person, or on the back en...
