Why Offering Partnership Equity Compensation May Be the Key to Motivating and Retaining Employees

by | Jun 14, 2024 | Insight-Post, Tax and Accounting Desk

Whether business owners are contemplating selling a business, growing a business or taking a step back from the day-to-day operations, the right talent will need to be onboarded and retained.

The cost of capital as well as private company salaries and benefits have increased. Cash is king and sometimes it feels as though there is no room for error when capital is deployed. A grant of equity is a way to reward and incentivize employees without a current cash expenditure, allowing cash to be invested into other revenue generating assets. I want to focus on equity grants of partnership interests as a tool for rewarding and motivating your team.

To read more from one of our Approachable Advisors ® ,Christopher Dodd, CPA click the link below.

Read more in the Houston Business Journal.

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