Maximize Your Time & Investment
Time
Money
Money
At Virtu Sync Management Solutions, we recognize the challenges faced by executives, managers, and HR teams:
- CEOs: A survey by the Center for Creative Leadership reveals only 10% of CEOs' time is dedicated to leadership development, despite its importance.
- Managers: Deloitte reports that managers spend 70-80% of their time on operational issues, leaving minimal room for developmental activities.
- HR Professionals: According to SHRM, HR teams often focus on administrative tasks, limiting their time for strategic initiatives like leadership development.
This leaves crucial activities such as training, coaching, and mentoring underutilized. So, who helps bridge this gap?
Virtu Sync fills this void by providing essential support. We save you time and guide you in leadership development, allowing your team to concentrate on strategic priorities. By managing the groundwork, we enable you to focus on nurturing and developing your leaders, driving sustainable growth and success.
Money
Money
Money
Investing in leadership and team development isn't just an expense—it's a strategic investment that yields significant returns:
- Better Decisions: Well-developed leaders make informed decisions, enhancing overall outcomes.
- Stronger Relationships: Improved leadership fosters better internal and external relationships.
- Increased Efficiency: Effective leadership streamlines processes and boosts operational efficiency.
- Higher Productivity: Focus on development enhances team morale and productivity.
Many HR professionals focus on administrative tasks, lacking specific training in leadership development, emotional intelligence, and organizational health. This gap can limit organizational potential.
At Virtu Sync Management Solutions, we bridge this gap by providing essential support and equipping you with effective leadership strategies. Acting as your strategic partner, we save you time and enhance your bottom line. Investing in our leadership development services ensures sustainable growth and success, creating a positive ripple effect throughout your organization.
Leadership Coaching Tax Benefits
Tax Benefits for Leadership Coaching
Tax Deductions (Section 162): Expenses for leadership training and coaching are deductible as ordinary and necessary business expenses under the IRS Code.
Employee Education Assistance Programs (Section 127): Employers can provide up to $5,250 per year per employee in tax-free education assistance for job-related courses, including leadership coaching.
- Source: IRS Publication 15-B, Employer's Tax Guide to Fringe Benefits
Qualified Small Business Tax Credit (Section 45S): Small businesses with fewer than 50 employees and average wages below a threshold may receive a tax credit up to 50% of qualifying expenses, including leadership training and coaching.
- Source: IRS Form 8941, Credit for Small Employer Health Insurance Premiums
Work Opportunity Tax Credit (WOTC): Employers hiring individuals from specific target groups facing barriers to employment, such as veterans and recipients of certain government assistance, may qualify for a tax credit up to $9,600 per eligible employee.
- Source: IRS Work Opportunity Tax Credit
State-Specific Incentives: Some states offer additional incentives, grants, or tax credits for workforce development, including leadership training.
- Source: Check with your state's Department of Revenue or Economic Development Agency for specific programs.
