Rewarding Awesome Employees
Manage episode 388133897 series 3448465
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:
- Options for profit-sharing, raises, and paid time off
- Suggestions for promotions, gifts, and bonus programs
- Importance of company culture and employee input for rewards
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.
Visit our website and click on the Let’s Talk button: http://www.firststepsfinancial.com
Reach out to Alisa: Alisa@firststepsfinancial.com
Connect with us on social media!
FB - https://www.facebook.com/FirstStepsFinancial
IG- https://www.instagram.com/firststepsfinancial/
LinkedIn -https://www.linkedin.com/company/first-steps-financial/
Podcast audio/video editing and show notes by http://www.podcastabundance.com/services
48 episoder