Here is the basic premise; Increase wages and lower labor costs? I know that may seem impossible, but let me show you how it is possible. If you have ten employees and you need twelve, and are planning to pay for twelve employees. So instead of hiring the extra two people, you take the wages you would…
Author: Dee Gardner
Advantages of Pay-For-Performance
A company can gain several benefits upon the implementation of pay-for-performance. Its workforce will for sure help the company to meet its business goals. Because pay-for-performance gives higher chances to earn higher incentives. This motivates the employees even more and they usually give their best work. Establish Company Values These programs are very effective at…
Not Enough Talent? LIES!
Every time I hear a company complain about not being able to find enough talent there is a sentence or two missing from the thought. Here is the way the conversation should really go. We don’t have enough money, or we are not willing to pay to attract the talent we need. Or we are…
Maximum Prosperity for You
“The principal object of management should be to secure the maximum prosperity for the employer, coupled with the maximum prosperity for each employee” – Frederick Winslow Taylor. This is easily said, unfortunately not as easily established. The reason is simple, Most of the time people are unwilling to sacrifice something today for a better tomorrow….
Sustainable Profit Sharing – Learn or Die
I read articles about this and it irritates me. The article from the Wall Street Journal titled Do Businesses Need Foreign Workers I have fixed this problem and seen this problem fixed for the last 130 years. However, owners understand the process and because they don’t understand the process they don’t believe it exists….