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Bonuses are a pleasure to give when they improve profitability and productivity. Develop guidelines for when and how you'll distribute bonuses, but be flexible to account for variables such as weather, and to encourage team-work on all jobs, not just those that are clear moneymakers.
A good pay and benefit package helps remodelers attract and keep good employees. How does your company measure up?
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Andy Poticha would rather work with his trade contractors and suppliers than against them.
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About a year ago Agape Construction in Kirkwood, Mo., a suburb of St. Louis, began recognizing the hard work of its subcontractors and staff through its Super Employee of the Month program.
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I recently spoke with a fellow remodeler who told me that his No. 1 challenge was retaining his people. Everybody who has experienced employee turnover — and we all have membership in that club — knows the effect it can have on productivity and morale, to say nothing of the time and effort required...
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To measure one company against others, you must compare apples to apples. One obstacle to that comparison is owner's compensation, because each remodeling company tends to account for it differently.
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I apologized for something I did. Word traveled the grapevine, and soon a card arrived in the mail from Craig Durosko of Sun Design Remodeling Specialists, in Burke, Va.
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Throughout most of the nation, upscale remodelers are struggling with the ever-thinning pool of skilled labor. With fewer quality hands around, it's an employee's market.
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What is the minimum amount per quarter that I can pay a part-time employee (family member) without having to pay taxes? In the past I thought it was $250 per quarter. Is that still correct?
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Here's how four high-end remodelers have solved the sales commission problem.