The University of Vermont

Vermont Family Business Initiative

A Strategic Approach to Family and Small Business Compensation

Date: February 12, 2009
Time: 8:30am - 1:30pm
Presented By: Carol Bergeron, Bergeron Associates & Frank Sadowski, Gallagher, Flynn & Co.
Cost:

FREE - for members of the Vermont Family Business Initiative

GUESTS - $149 per person or $199 per family/business up to 4 individuals

Register here: http://vfbicompensation.eventbrite.com/


Location: Capital Plaza, Montpelier (http://www.capitolplaza.com/)

Description:

There is rarely one topic that draws the ire and discomfort than that of compensation in the family and privately owned business. Are you paying your talent too much, or too little? Are you compensated accordingly and recognized regularly? How can you retain key employees while increasing shareholder value? What about the role of deferred comp, gifts, and dividends? Finally, what are my competitors paying and where are compensation trends leading?

A comprehensive approach to compensation requires constant attention to both your personnel and your business and how they relate to similar businesses in your industry and region.

This forum will focus on:

  1. How to value specific positions in your business, including your own position
  2. Interpreting and understanding the 2-3 year outlook on compensation data and trends
  3. Establishing an employee value proposition.

Presenter Bio:

Carol Bergeron is President and Founder of Bergeron Associates. She has extensive experience in the creation of human capital strategies and the implementation of practical talent solutions for small and mid-market companies. Her approaches are grounded in business goals and created collaboratively with executives for increased organizational fit and commitment.

In 1997, Frank Sadowski joined Gallagher, Flynn & Co. and established the Human Resources Consulting Division. While he is involved in recruiting, executive coaching and organization development projects, he has focused increasingly on compensation system projects and speaks frequently on many different topics in that area. Each year through Gallagher & Flynn, Frank conducts both the Vermont and the New England Salary Survey to collect data across industry sectors on current levels of pay and establish benchmarks and salary ranges.

Family Business Daily Feed

    Vermont Training Program Grants

    Program Grants Available

    Non-credit workshops and courses only

    Employees working in the industries of: manufacturing, healthcare, informational technology, telecommunications, and environmental engineering may be eligible for up to a 50% discount on courses. This grant is offered through a partnership with the Vermont Training Program and the Department of Economic Development. For more details call 888-222-3413 or 802-656-4033.

    Notice to Trainees

    WHY WE NEED YOUR SOCIAL SECURITY NUMBER
    Act 192 of the 2008 Vermont Legislature requires employers and other training providers receiving support from the state to provide the social security number of each individual participating in the training to the department of state government supporting the training. The social security number will be used to gather wage information from the Department of Labor's files after you complete training, in order to evaluate the training program.

    The Departments of Labor and Economic Development must provide information on the employment outcomes of training programs to the Legislature. Your information will be combined with information of other trainees to ensure your privacy and the privacy of your employer. The law requires the departments to keep your information confidential.

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