Chances are you had one or two employees when you first started. Now, your business and career are thriving. The success of your business took a great idea, hard work, a key employee or two, and a group of advisors for support to help build what you have today. As you look around your office or plant and admire what you have created, you realize that without the support of your team it wouldn’t have been possible. As a business owner, you may wonder if you are doing everything possible with executive and employee benefits to help reach your financial goals.
Talk to any business owner and they will tell you that employees are their company’s greatest asset. Employees help meet the needs of the clients and in doing so, make the organization stronger and more successful. Employees also perform another important function for business owners; they help the business owner build his or her net worth. While employees are the greatest asset for a company, employee compensation is also one of the top five expenses for any business.
With employee compensation being a top expense, the savvy business owner wants to be sure to retain great employees and that means making sure their employee benefits are the best fit for the business. Your employee benefit plans should be structured to meet the needs of your employees and maximize their ability to succeed for themselves as well as the company. As the business owner, it’s necessary to reassess your benefit plan and pay structure annually. You want to make sure your number one asset—your employees—are being properly cared for so they, in turn, can help care for your business.
For your business, St. Croix Advisors helps you navigate:
Contact St. Croix Advisors today to learn more. We are located in Hudson, Wisconsin, and serve a number of areas in Wisconsin including Hudson, Eau Claire, New Richmond, and River Falls, as well as the St. Paul, Woodbury, Stillwater area in Minnesota. Our services include wealth management, retirement planning, financial planning, estate planning, asset protection, life insurance, long-term care insurance and expenses, to mention a few areas. Our President, Brett Anderson, can assist you with any questions you may have prior to scheduling your first appointment. Brett can be reached at 651-337-1919 or .