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News — 401(k)

Incentive compensation

1372 401(k) alignment Associate bonus cash bonus stock build capital Category_Articles CEO common purpose communication Compensation contribution plans goal growing organization Growth high performers incentive compensation incentive program increases in stock values Leaders liquidity management management compensation managing partner messaging Motivate Motivation new title new titles opportunity Organizational Structure Ownership Transition ownership transition strategy President Raise Raises reward rewards safe harbor stock purchases stock values Strategy strong incentives title change Transition Will Swearingen ZG Team Zweig Group

Incentive compensation

By Will Swearingen | Management incentives can be used to motivate key staff and to build capital and liquidity for individuals in the event of a transition.

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Is an ESOP right for your firm?

1365 401(k) Brian Rice Category_Articles client satisfaction culture employee owned firm employee owners Engagement ESOP financial information financial performance Fleis & VandenBrink internal transition Motivation Ownership Ownership Transition Profit Profitability Profits Resources S-corp S-corporation stock Value Vision wealth creation

Is an ESOP right for your firm?

If your firm has the following characteristics, the more likely an ESOP is a good and viable option for your firm.

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Integrity: Greg Williams

1364 401(k) AEC Architecture balance sheet Benefits cashflow Category_Articles CEO chairman community company culture continuing education coronavirus COVID-19 culture Engineering family Greg Williams Growth Health health insurance healthcare insurance integrity Jayme Mayo Josh Johnson leadership training Lean principles lifestyle mission Nabholz nothing hits the floor pandemic q&a remote work Safety self-funded health insurance success tuition reimbursement Tulsa City Marathon Tulsa Tough wellness wellness program Workload

Integrity: Greg Williams

Chairman and CEO of Nabholz (Conway, AR), a 1,200 person multi-discipline, employee-owned firms whose name has been synonymous with integrity since its founding in 1949.

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Clear vision: Jeff Plymale

1357 401(k) Accountability AI artificial intelligence C-suite Category_Articles CEO Change change management client trust community COO COVID-19 culture data environment ESOP experts Growth hydraulic analysis Innovation Jeff Plymale Leadership Liisa Andreassen longevity machine learning management mentorship onboarding opportunity Ownership Passion President remote work Responsibility retirement RJN Group Strategic Planning strong team succession planning Technology Training Trust Value Vision wastewater water water quality

Clear vision: Jeff Plymale

President and CEO of RJN Group (Wheaton, IL), a firm that is passionate about the environment, committed to community, and devoted to the welfare of its employees.

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Ownership: Montell Irvin

1340 401(k) A/E AEC business concepts cash is king cashflow Category_Articles CEO change management client communication communication coronavirus COVID-19 efficiency ESOP expenses financial metrics flexibility flexible Great Recession KPI Liisa Andreassen LOC longevity metrics Montell Irvin Monty Irvin OH allocation open-book Ownership Transition pandemic President Proposals q&a Ramey Kemp & Assoc. remote work Revenue revenue growth SBA 7a Sustainable telecommuting Training Turnover utilization valuate Valuation virus working remotely Workload

Ownership: Montell Irvin

President and CEO of Ramey Kemp & Assoc. (Raleigh, NC), a transportation engineering, planning, and design firm founded in 1992.

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