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Winning the Pay Negotiation
The best way to stop employees from resenting their pay and demanding a raise is to diffuse the situation well in advance. It requires planning and foresight, but an employee compensation chart, or Path to Growth, can make all the difference. Here’s what it looks like, what to consider, and how to utilize it to keep employee pay in check and help them grow at the same time...
I Want a Pay Raise (or else…)
When an employee comes to you asking for (or demanding) a pay raise, it’s important to handle things appropriately. If you make the wrong moves at this critical time, you might end up in a place you wish you weren’t. However, if you make the right moves, you might end up in a better place than where you started...
Want to Give a 17% Employee Bonus?
One of the biggest problems with labor today is that your employees want more money but you can’t afford it. Some companies, however, make enough money to pay employee bonuses equal to two months’ salary! They do this while actually increasing profit. Here’s the secret…