Tyler Cerny, the owner of Strata Design, wanted to boost his leadership skills and the profile of his company. Strata Design specializes in modular casework, plastic laminate furniture, and store fixtures for hospitals, medical office buildings, schools, retail stores, and other commercial buildings. He was also moving into a leadership role at the Architectural Woodwork Institute and knew that would necessitate some growth as well.

Both would require becoming more comfortable addressing others, especially larger …

Stock options are not just for large multinational corporations. Stock options and other more advanced deferred compensation tools offer companies many opportunities to attract, retain and reward key employees while also providing many tax advantages.

With the current staffing shortages that many businesses face and the many employers offering these tools, considering these strategies should be a top priority both for employers and employees.

Stock options are a mechanism whereby a company grants an employee …