Why the hell are you still paying employees by the hour? It’s definitely not in your best interest as a business owner. Want an employee incentivized payment structure that increases productivity, efficiency, and jobs? Try the Paying For Performance (P4P) model, made popular by our guest, Mike Andes. P4P is an employee incentive payment program that our previous guest, Mike Andes, has seen thrive in his business. Listen to this short episode for a breakdown on how hourly is failing and how performance-based pay is ideal for your customers, your employees, and your bottom line.
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If you’re like most contractors we know, then you started your business because you’re passionate about and great at your craft. You also wanted to be your own boss. Owning a business has a lot of advantages, but also a lot of challenges.
We started this podcast to talk about things that matter to you as an owner, like business fundamentals, sales processes, marketing, leadership, and much more. Armed with knowledge, you’ll be able to reach your goals, whether that’s growth, getting your shop to run without you, or anything in between.