Retaining the optimal level of staffing and ensuring an orderly succession is an on-going challenge. As a result, alternate arrangements must be developed to both retain or when necessary, eliminate employees or executives. An operating facility may also have to be ramped-up properly or embark on an orderly shutdown. Each situation requires an independent and objective review, which could include creating special retention arrangements, severance, or early retirement/window options.
In order to compete in today’s completive market place, a company must have the right tools to analyze each situation in order to act reasonably in retaining and adjusting staffing levels. Understanding all aspects of compensation, benefits, and retirement is an ideal combination to design the optimal arrangements for each situation. This is where Cowden Associates, Inc. shines in customizing programs that meet your particular circumstances.