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One of the exciting growth points we reach with GU clients is when they hit a revenue mark whereby they need to start hiring a team.
Whether it’s an assistant, another coach, sales person, etc, growing your revenue to the point of being able to add a team member is exciting!
But it also has challenges. One big question we get is “how much do I pay them?”
Determining salary can be pretty tricky.
Where should I pay them in comparison to other companies? How much of the pay should be base salary vs variable (incentive) pay? How often should I re-evaluate my employees’ pay structure.
I’ve outlined exactly what we do at Growth Tools in today’s podcast episode.
By Bryan Harris5
1717 ratings
One of the exciting growth points we reach with GU clients is when they hit a revenue mark whereby they need to start hiring a team.
Whether it’s an assistant, another coach, sales person, etc, growing your revenue to the point of being able to add a team member is exciting!
But it also has challenges. One big question we get is “how much do I pay them?”
Determining salary can be pretty tricky.
Where should I pay them in comparison to other companies? How much of the pay should be base salary vs variable (incentive) pay? How often should I re-evaluate my employees’ pay structure.
I’ve outlined exactly what we do at Growth Tools in today’s podcast episode.