Benefit Restoration
One of the ways you may be rewarding your most valuable employees is with a generous total compensation package. In most established businesses, this includes a robust combination of employee benefits, such as group life and disability insurance, and a 401(k) plan.
The challenge is that you may not have considered how these employee benefits generally offer more (as a percentage of pay) to your rank-and-file employees than your key employees.
Check out the latest business insights from Mark West on this topic.