Does seasonal compensation relate to annual compensation in your company? Does Santa Claus come to your company party distributing gift certificates as a substitute for well-determined incentives? Are employee expectations thus fulfilled, or does this just whet everyone’s appetite for something other than dinner?
Compensation
What kind of compensation package — without equity — does it take for small companies to attract, motivate, and retain top management talent? Lend an EAR — the answer might be Equity Appreciation Rights.
Do you remember how you operated a year, or two, or three ago when you were 25–30% smaller than you are now? It may be worth dusting off those old operating plans because you could be back there in 2009. But offloading that baggage that you’ve collected in the meantime is much easier said than done…
Offering stock ownership opportunities to employees of smaller companies is one of those ideas like home ownership and higher education that’s hard to argue against. Everyone should have a piece of the pie — an ownership stake to inspire best performance, right? Well, not so fast. Let’s consider the options…
"Howe's Bayou"