Bad Credit: Options for Refinancing a Mortgage

Like many people, the recession hit me pretty hard. Thanks to a job loss, I got behind on some of my credit cards. Even though I did mange to make the mortgage payment every month, my credit rating nose-dived. While things did get better, I still wondered if it would be possible to refinance my mortgage with bad credit. After talking with a few lenders, I found out that my situation was not unique. I also found lenders who were willing to work with me. I managed to get terms that will save me money over the life of that mortgage. If your credit has taken a beating, don't assume that refinancing is out of the question. I'll share how I researched options and found a lender who offered a good deal. You could find that refinancing your mortgage is within your reach.

5 Reasons To Hire An Executive Compensation Consultant

Finance & Money Blog

When bringing in high-level talent to your company, you want to make sure that you're paying the right wages and offering a good benefits package. With executive and other high-level positions, you want to be sure to attract the best possible talent so that you have employees who do an amazing job. Instead of guessing your way through compensation package offers, it's best to use an executive compensation constant to help you determine what to offer. Here are the reasons why you may want to hire an executive compensation consultant.

They Have Experience

When you use an executive compensation consultant, you get to take advantage of their knowledge and experience. They know what kind of salary to offer employees like yours and they know the different competitive salaries for various positions. It's always best to utilize an expert instead of guessing.

Attract Top Talent

When your company pays employees less than they deserve, it can be hard to bring in the best talent. You want your business to succeed, and having great employees is a big way to do so. When you're paying the right wage and offering great benefits, it's easier for potential employees to want to accept a job offer with your brand.

Hire Employees Who Want to Stay 

Hiring and training employees cost a lot of money. It also takes hard work. You don't want to bring in new staff only to see them leave after a few months or a couple of years. By paying your staff what they deserve, it will encourage them to stay with your brand rather than leaving for a better job offer. There are many other companies out there just like yours who are looking for top talent.

Save Money

You can actually save money by paying your staff what they deserve from the beginning. When you bring in staff at a lower rate, they may be demotivated and leave quickly. This results in a lot of wasted money due to the hiring and training process.

Your Business Depends on It

When you're dealing with executive roles, they're crucial to your company growth. You want the most experienced people helping your business reach its goals. By hiring an executive compensation consultant, you can help your business be better.

As you can see, it's a good idea to hire an executive compensation consultant. Don't just guess your way through the compensation planning process when there is expert help available.

For more information, contact a company like Gressle & McGinley LLC.


22 November 2019