Companies can’t reach their goals without hardworking employees. Business owners must recognize and reward employees for their fantastic work and dedication.
In this episode, I share different ways to invest in your employees so they know they are valued and appreciated.
In this episode, you’ll also hear:
Must-listen moments:
[00:02:04] [Profit sharing] can be done quarterly, it can be done annually, or it can be done as a part of your contribution as the employer contribution to the 401k.
[00:03:20] It depends on what your employee values as the best compensation. Do they want the money, or do they want time off?
[00:07:14] The effectiveness of each approach varies depending on the culture of your company…you might want to do a system where you combine these strategies, and that will help you meet your workforce's needs.
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