Financial Snickens

Rewarding Awesome Employees


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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: [email protected] 

    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

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    Financial SnickensBy Alisa McCabe