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Lessons & Ideas

How we pay our team

Nov 13, 2023
04:49

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.


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