The EntreLeadership Podcast My Employees Aren’t Happy With Their Raises
28 snips
Aug 18, 2025 Explore the complexities of pay raises in a physical security company, focusing on performance metrics and communication. Dive into ownership challenges in construction, highlighting the financial and familial intricacies of partnerships. Discover innovative financial strategies to manage profits, especially during downturns. Hear a leader’s journey from risks to cautious business strategies, emphasizing careful decision-making. Finally, navigate the emotional landscape of family business transitions and the challenges of leadership inheritance.
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Pay Raises Based On Market Value
- Use marketplace compensation ranges instead of fixed percentage merit pools to remove comparison politics.
- Share comp studies and move employees to the appropriate range based on role and performance.
Fix Reviews With Regular Accountability
- Run frequent accountability rhythms so annual reviews don't surprise employees.
- Address performance issues in regular meetings rather than using raises as the only feedback tool.
Don't Buy A Business With Untouchable Staff
- Refuse deals that leave non‑fireable family members inside company operations.
- Insist on the ability to exit toxic employees or walk from the acquisition.
