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ARTICLE · 05 DECEMBER 2007

Business Services: Executive Health Check

As businesses compete to recruit and retain executives in the midst of a global skills shortage, the ability of employers to look outside the square with respect to the support they provide key personal is critical.

AustraliaEmployment and HR

As businesses compete to recruit and retain executives in the midst of a global skills shortage, the ability of employers to look outside the square with respect to the support they provide key personal is critical.

It is not uncommon to have key executives neglect their own financial affairs, in particular matters with respect to taxation planning, asset protection and succession, as a consequence of their commitment to their employer.

It is generally accepted that with each step up the ladder, not only does one’s income increase, but so does one’s responsibilities, both to the company / business and to outside parties.

Further, the recent changes with respect to taxation (the only certainty in life) and government policy (consider the many election promises made) suggests that a regular review of existing strategies for those who have considered their financial position is essential.

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