Steps to take when your staff loses focus
A financial advisor who had put an end to an incentive-based compensation program during the recession is now looking for a more appropriate way to reward his employees now that the good times have returned
The best way to prevent a difficult team breakup is to have a formal partnership agreement in place; otherwise, a positive attitude and a commitment to fairness can make things easier for all involved
Make it a memorable experience
Five questions to help you make the right choice
Focus on the absent advisor’s immediate needs, then work together to maintain client service
Be private, specific and professional
Encourage team members to voice concerns and have a back-up plan
Keeping in touch keeps problems to a minimum
From yoga to theme restaurants -- add flare while keeping it relevant