More than 300 remodelers completed REMODELING's 2008 Wage & Benefit Survey.
Victoria Downing of Remodelers Advantage Roundtables asks remodelers whether they discuss compensation with employees during the performance review or hold it for a second meeting.
-
Creating a bonus system that rewards all employees for their involvment in a project.
-
In a less-than-robust market, remodelers could benefit from different sales-compensation plans.
For small businesses, the threat of legislation making paid leave mandatory is gaining ground.
-
Don’t be afraid of open-book management, says one remodeler whose profits, productivity, and staff cohesiveness are stronger as a result of showing his employees the numbers – right down to his own compensation.
During its first 24 years in business, New Outlooks Construction (NOC), in Robbinsville, N.J., never did much in the way of marketing, relying almost entirely on the strength of its reputation to generate leads.
How do you get employees to commit to a time-frame for completion without extra money or a negative approach?
-
When a cash bonus is off the table because the company isn’t meeting its numbers, a “bonus by whimsy” can be a powerful tool for motivating and cheering field staff.
Retirement plans can benefit from some routine checks and maintenance.