Tips from the Top - September 2017
Sharing the Rewards of Performance
What I learned today from the Members of my TAB Board is when you are trying to develop a performance-based, incremental compensation plan for employees who provide professional services, you should consider the following…Read more
Weekly Status Reports
In addition to what we have discussed in our TAB Board Meetings, I have added some additional requirements from my staff as to what to include in our Weekly Status Reports…Read more
Are you getting 100% of the available, good business from your existing clients?
As Business Owners…
We are the brains of our companies.
Alternative to Bonuses
Rather than pay out bonuses, think about a company RRSP (Registered Retirement Savings Plan) contribution matching plan, there are lots of tax benefits from the company perspective as well as the employee perspective.
Think Longer Term
When we make a change in an employee's job description, or add additional help, there is one question I ask: “What do you see as the impact of this change on our company one year down the road?”