Compensation Strategies, Plans and Policies
Attracting new talent and retaining existing talent is the key to growing any business and is a difficult task in this tight labor market. This is especially true in the Staffing Industry. We regularly advise many of our Staffing Industry clients regarding improvement of the compensation packages they offer to top producers and other high impact employees. These steps include: creating multi-layered and multi-tiered commission plans, including these employees in profit sharing plans and providing these employees with minority equity, options and/or “phantom stock” plans.
Conversely, we advise our Staffing Clients regarding comprehensive policies to protect their client base, good will and confidential information.