An Employee Retention Plan and 2nd Tier Management
By Rick Gould CPA, J.D.
By Rick Gould, CPA, JD
Implementing an employee retention plan is key to increasing performance and rewarding loyalty, which ultimately maximizes a firm’s value. A firm is simply worth more when a strong second tier of management exists. This second tier assures bottom-line success when the founding owners leave or phase down their workweek.