
#111 This Pricebook Made me a Millionaire (steal it)
The Jered Williams Show
Paychecks Reflect Actions: A Direct Link
Establishing a direct correlation between an employee's actions and their paycheck reinforces accountability and motivation. Calculating payroll weekly, rather than bi-weekly, enhances the immediacy of their earnings in relation to their performance. Utilize a spreadsheet to visualize earnings versus hours worked, creating clear thresholds for various income levels. This strategy encourages employees to associate their paycheck with their contributions, fostering a sense of accomplishment and driving productivity through immediate gratification.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.