These Business articles will give you the news and information you need to stay up to date in the ever changing Business industry.
November 26, 2010 – 1,197 views David Wolfskehl
- The Succession Planning Group
You already know every privately held business needs an up-to-date succession plan to protect the future. But do you know the sixteen ways succession planning helps your business right now? Do not miss out on any of these opportunities to maximize the value of your business. Full Story
April 19, 2010 – 1,601 views Robert L. Masternak
Article one of this two part series focused on Profit Sharing and how it is often confused with Gainsharing. The history and purpose of Profit Sharing was explored as well as the delivery of Profit Sharing in the form of either compensation or as a benefit. The appropriate organization climate and culture for Profit Sharing was also discussed. The focus of article 2 is Gainsharing, what it is, how it evolved, and how it might best serve and organization. Full Story
March 30, 2010 – 2,377 views Robert L. Masternak
Many people who confuse Profit Sharing and Gainsharing view them as being one in the same. Employees have an opportunity to earn a financial reward under both approaches, but that is where the similarity ends. I find many companies that install a Profit Sharing plan have selected the wrong tool and quickly become disappointed that they have been unable to foster a change in behaviors or to drive improvements in company performance. Full Story