COR2436. Blueprint for Retention: Innovative Compensation Strategies
In the competitive construction industry, retaining top talent is crucial for sustained success. This session will equip construction company leaders and advisors with the knowledge and tools to develop compensation strategies that enhance the retention of key employees. Participants will explore the advantages and disadvantages of compensation alternatives, including restricted stock, stock options, profits interests in a partnership, and non-qualified deferred compensation, from both business and tax perspectives. Additionally, the session will cover how these compensation strategies can be integrated into broader ownership succession planning.
Learning Objectives:
- Identify tax-efficient compensation strategies for retaining top talent.
- Analyze alternative compensation strategies.
- Apply equity-based compensation concepts to ownership succession planning.
Date/Time
–
CPE Credits
1.5
NASBA Field of Study
Personnel/Human Resources
Level
Intermediate
Prerequisites
3-4 years in the profession
Advanced Preparation
NA