Investing in Staff.
There are a hundreds of compensation models available to business owners - and probably even more for gym owners. Regardless of where you are today, there are two things I want you to remember:
Don't compare yourself to anyone else
Sure, there are gyms that claim to pay their janitor more than you're making but, chances are, these are exaggerations or 1-off exceptions.
Opportunity, hope, entrepreneurialism, vision, leadership, giving back to a community, education & development are all just as motivating as cash.
Be a strong, caring leader first & compensation will follow.
We'll discuss many options, their pro's and cons, but each will be framed by the above. Here's a break-down:
-Swapping for Membership
-Paying Per Class
-Specialty Classes & Personal Training
-Paying for Space
-4/9ths
-Paying for extra duties
dubbed "Building Block" Model on-air.
-Per Head Pay
Here's the deal: Each of these models is only as effective as the leader implementing them. Don't get overwhelmed by all your options. Your focus is people & helping your employees build their perfect day.