EP14 - Count of Monte Cristo - ESOPs and Management Incentive Plans - Best Practices of Retaining Key People
In this episode, we deal with a good overview of how important it is to keep our key people if we want to grow and strengthen the value of the business. Poor Edmund Dante’s - betrayed and put in the dungeon - retained against his will and that would inspire a whole novel/movie around vengeance. We want our retention strategies to leverage positive tools like the ESOP and SAR plans to compel the best folks you have to stay for the long-term - and better yet continue the great culture you have built in your company for the legacy of your business.
