In this episode, Melinda Emerson discusses current compensation trends affecting small businesses, strategies for employee retention, and the impact of company culture. She delves into team bonding in remote settings, strategic planning for growth, and the effects of employee turnover.
(0:00) Introduction to the episode
(1:16) Current compensation trends and their impact on small businesses
(3:08) Strategies to meet worker expectations and retain core employees
(7:42) Company culture's influence on employee satisfaction and retention
(9:21) Team bonding and employee development in remote environments
(10:40) Strategic planning's role in business growth
(12:26) Consequences of employee turnover on businesses
(13:14) Conclusion and closing remarks