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Protect Your Most Prized Possessions
One of the most costly - yet easily prevented - disasters for any business is the failure to secure ownership of intellectual property (IP).
Here are the details you need to know.
Under the law, the ownership of copyrights and inventions may actually belong to your independent contractors and employees, unless there is a prior written agreement to the contrary.…Read More -
Save Taxes While Controlling Employee Health Costs
If rising health care costs have sent your company searching for ways to reduce expenses, you should know there are alternatives to standard medical insurance plans. Your choices are not limited to either paying the higher costs yourself or transferring the burden to your employees. Tax-advantaged strategies are available which can mitigate the effect of rising costs for you and…Read More -
Are You Burning Out Your Salaried Employees?
Is the concept of a 40-hour workweek too radical for your company? In one survey — the 2015 Workplace Flexibility Study — 65% of participants said they believe their employers expect them to stay connected to the office, long after they leave for the day. Naturally, workers who are paid an hourly rate often welcome extra hours for extra pay,…Read More -
Private Equity: Taking Companies to the Next Level
The number of mergers and acquisitions has continued to be strong in recent years, and private equity has remained as one of the driving forces.
With private equity capital looking for investments these days, the gates may be open for companies to find opportunities for cash infusions while business owners remain at the helm.
At some point in their business…Read More -
Why I Joined The Fahrenheit Group. And, What Makes this Firm so Different…
As I launch the Carolinas practice for The Fahrenheit Group, I have received many congratulatory emails, which have included a common question, “why did you join The Fahrenheit Group?” So, I thought I’d take this opportunity to share my answer to that question – and the principles that guided my career decision.
Some people believe there are no chance meetings…Read More -
How CEO’s of Growing Companies Arm Themselves to be Competitive
In today’s business climate, remaining competitive is more difficult for small and middle market businesses, particularly when they do not have the full suite of executive brain power at their disposal. This is mostly due to critical mass or financial limitations in order to afford these executive positions, or frankly, to keep those executives completely engaged in the business. An opportunity for…Read More -
Resolve Employee Complaints through Investigation
Employee complaints that allege mistreatment at work have to be taken seriously. Even if you doubt the legitimacy of a complaint, you'll put your company in peril if you fail to delve into what really happened. However, a poorly executed investigation could do more harm than good and potentially sink you in legal hot water.
Under federal law, you're…Read More -
Fahrenheit Expands to the Carolinas
Michael Schwartz October 14, 2015 ow.ly/TnQQi
In a hunt for new business, a West End firm is setting up shop in a busy metro market of North Carolina.
The Fahrenheit Group, which through various arms offers finance, accounting, human resource and other advisory services to businesses, last month launched operations in the Research Triangle area of the Raleigh-Durham market.
The company…Read More -
Structuring for Success: Employee Bonus Plans
Many companies today are creating bonus and incentive compensation plans to reward hard-working employees for jobs well done. Such plans can be a win-win: Employees receive a tangible reward for exceptional performance, and businesses reap the benefits of high achievements.
However, creating an employee bonus plan without carefully thinking through what you want to accomplish can end up doing…Read More -
The Fahrenheit Mid-Atlantic Total Compensation Survey
Richmond, VA – October 6, 2015 – The Fahrenheit Group is conducting the Mid-Atlantic Total Compensation Survey for Small and Middle Market Companies. Now in its 25th year, the survey provides the most comprehensive information regarding competitive market-based salary and incentive data, salary adjustments, cash and equity incentive plans for executives and technical professionals, and trends in human resource practices…Read More -
Do Annual Reviews Really Foster High Performance?
Traditional annual employee reviews can be enormously time-consuming. They generally involve stacks of evaluation forms, a myriad of performance criteria and various numeric ranking systems. According to business researchers CEB, a survey of employers found that managers spend an average of 210 hours a year in complex performance evaluation processes. And employees themselves each spend about a week gearing…Read More -
Fifty Shades of Green
You recycle your trash, buy only CFL or LED light bulbs, take your re-usable tote bags to the grocery, and maybe even drive a hybrid car, but are you still confused by all the Green marketing that you see on a daily basis? Do you wonder what it all means and what, if anything, you can you do to be…Read More