Kelli Cruz

A seller’s market means firms will need to adjust pay-raise budgets for 2019. They may also need to increase salary offers to attract the best workers.

By explaining the firm’s sources of revenue and expenses, a team can better understand how they impact profitablility.

Powerful new software and tools can help attract today’s job seekers and retain key talent.

Training programs may seem expensive, but they cost just pennies compared to the expense of losing talent and hiring replacements.

Labor costs often make up the largest expense for firms. Follow these approaches for an equitable and rewarding structure.

Take a page from sports teams' playbooks — the most successful franchises are true teams working toward a common goal, not just a group of individuals who gather on the field at the same time.

Before making any changes to the compensation plan, find out what your partners value most. You may be surprised how agreeable they are.

Follow these directions to keep your professional goals on the right track, Kelli Cruz says.

Here is how to determine which incentives and pay rewards should be offered.

Six planning tips to improve employee compensation meetings and ease the pain of the annual ritual.

It may be time to update your salary strategy to encourage better performance and attract promising job candidates.

Your current superstar employees hold the secrets to making future crucial hires, says planner Kelli Cruz.

This strategy can help attract and retain talent, which is essential to a practice’s success.

Following these steps will help advisers prepare their firms for the future without them.

Accommodating work arrangements are needed to attract and retain valuable talent, but they are underused in advisory offices.

By making a few tweaks to their management style, firm owners can better retain talent — and grow their practices.

Create a performance management process to get the most from staff members.

Create a performance management process to get the most from staff members.

Provide more effective feedback by making it part of everyday work and make assessments more forward-thinking.

Planners born since the 1980's are looking for tech advancement, structure and other key characteristics at their workplaces.