How Can You Maximize Benefits of Total Compensation Package?

There is more to executive pay than salaries, bonuses, and common benefits such as health insurance, retirement accounts, and vacation time. Deferred compensation and stock options are integral to the total compensation package. With a wide array of incentive programs ranging from restricted stock to stock options and deferred compensation, how are you supposed to[...] Continue reading

What Happens When Interest Rates Rise?

Interest is the amount a lender charges when individuals or corporations borrow money. Rates change based on perceived supply and demand. When lenders anticipate low demand, they reduce rates. If demand for loans increases, so do interest rates. More significant economic trends also impact interest rates. The COVID-19 pandemic is a recent example. At the beginning[...] Continue reading

What Is Inflation and How Will It Affect You?

You've probably heard that a dollar doesn't go very far these days. You might have also heard that a dollar today won't be worth a dollar tomorrow. Both are due to inflation or an increase in prices. Inflation isn't necessarily bad — the Federal Reserve (Fed) considers a 2% annual inflation rate acceptable. But when inflation gets too high, it can seriously[...] Continue reading