Darren Bourke Business Coach to SME owners on effective ways to incentivise employees and improve business performance.

@DarrenBourke is a #businesscoach and #mentor to #smebusiness #owners.

He's worked as a chartered accountant with @Deloitte and @pitcherpartners, had a #HR startup and authored @thefourthmoon.  

In this episode we talk about #employeeincentiveschemes, we cover;

• different kinds of incentive schemes 
• the quantitative and the qualitative aspects of looking to engage, empower, motivate, and most importantly, retain our existing labor, but also to attract new talent
• some of the common forms of  pushback and objections, both from employers and employees
• why your focus needs to be on your brightest, your best and most loyal ongoing team members. 
• the 3 tier hierarchy;
  1. #bonuses ( then target bonuses, then kicker bonuses)
  2. #profitshare
  3. equity or share of the business 
• when and how to introduce them 
• how a bonus scheme is an entree to moving forward with these incentive schemes. 
• employee incentives leading into a #businesssale
• the role and importance of non-financial benefits 

www.darrenkbourke.com/

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Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.

michael.kerr@kerrcapital.com.au

www.ownertoownerpodcast.com.au