Fiscal Management Consultants

Series Part 1: Dangling The Carrot-Performance Based Compensation

Believing “if only I had an exceptional performance compensation system then employee productivity and accountability will follow”, is as wrong as the company that pays “Christmas Bonuses” and doesn’t understand that it’s no more than an entitlement.  Within this three-part series, we will outline methods of creating a performance pay or incentive plan that works. ...
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Series Part 2: Making A Difference With Our Clients

A new remodeling client was suffering from seeing residential jobs succeed. He estimated the jobs had 35%-40% gross profit dollars attached to them, but he was ending up with gross profits on his P&L’s in the teens.  Their actual gross profits on sales after material and labor costs (inclusive of tool and vehicle costs) were...
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