EMPLOYEE RECRUITMENT & RETENTION
084 | Meaningful Employee Benefits with Laura Lee Blake
EMPLOYEE RECRUITMENT & RETENTION
Laura Lee Blake, JD is a lawyer and a Wealth Advisor with SunBright Wealth Management & Financial Planning, through Money Concepts Capital Corp., Member SIPC/FINRA. Laura Lee has more than twenty-five years’ experience in the legal industry. She has handled complex litigation, corporate transactional and business-related matters. Laura Lee is expanding into the financial planning sector, and her clients include individuals, families, and small business owners, with a focus on the hospitality, service, and manufacturing industries.
Laura Lee’s key areas of focus include long-term client relationships, life planning, comprehensive asset protection and management, tax reduction strategies, employee benefits, wealth transfer, succession and legacy planning.
In This Episode, We Talk About
- The difference between mandatory benefits, such as worker’s compensation and unemployment, and voluntary benefits, such as medical, vision, and dental care.
- “Total Compensation Packages” that identify all forms of compensation the company is providing, which not only includes the salary, but also “meaningful benefits” for the employees and their families in the long-term.
- Contributions to retirement plans, including:
- 401(k) Plans
- Defined Benefit Plans
- Non-Qualified Deferred Compensation Plans.
- Life insurance, Disability Income Insurance, Annuities, and Long Term Care insurance.
We cover a lot of ground in this episode, and you might be pleasantly surprised at the affordable options that are available to employers.
Laura Lee prepared a free download – The Meaningful Employee Benefits Guide – that goes even deeper into many of the options we discussed in the interview. If you’re exploring adding additional benefits for your associates, but don’t want to break the bank, you should definitely grab this guide.
Resources & Links
Laura Lee Blake, Esq.
Wealth Advisor
SunBright Wealth Management & Financial Planning
2985 Gordy Parkway
Marietta, GA 30066
Mobile: 404-345-2737
EMPLOYEE RECRUITMENT & RETENTION
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311 | Shelters From the Norm: Hotels used for hospitals and housing face unexpected problems
A year ago, Darshan Patel, CEO of Hotel Investment Group in San Diego, California, was one of the first hoteliers in the U.S. to step up and offer properties to overwhelmed hospitals seeking places to care for COVID and non-COVID patients as well as vulnerable populations. As the crisis eases and Hotel Investment Group works to return the hotels to business, Patel is negotiating with local governments to pay for the wear and tear on the properties. Patel is not alone as many hoteliers are unexpectedly dealing with problems that state and local governments’ urgent decisions have created, including property damage, increased costs and eviction bans. This report is the second in a two-part series examining the pros and cons of opening hotels to alternative uses during the pandemic. It is part of Long Live Lodging’s special coverage of the coronavirus crisis and its impact on the hospitality industry.
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310 | Hotels Convert to Housing: Federal COVID-19-relief funds fuel transactions
Dhruv Patel, president of Ridgemont Hospitality, in October shared a bittersweet moment with his parents, Pravin and Sima Patel, when the family business sold the first motel that Pravin had built from the ground up more than 30 years ago. But they rest assured knowing it was the right decision because the 22-room property is being converted into affordable housing for military veterans at risk of homelessness. The transaction is among hundreds taking place across the U.S. as state and local governments work with non-profit agencies to create affordable housing solutions for vulnerable populations amid the COVID-19 pandemic. In Episode 310 Long Live Lodging reports on the financial and legal aspects of what it takes to convert a hotel into long-term housing. This report is part of Long Live Lodging’s special coverage of the coronavirus crisis and its impact on the hospitality industry.