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Stone World talked to Frank Sciarrino of Quote Countertops on a podcast about the best ways to use business software to assist in growing an efficient and successful fabrication shop
2020 was an unprecedented year. Last January, undoubtedly, no one would have predicted that the COVID-19 global pandemic would strike with such force and stop “normal” life for so many people.
Let’s talk compensation. It has been well documented that the amount of someone’s paycheck is not the #1 driver for their professional satisfaction. However, it does get pulled up to the top of the list quickly in the absence of the top drivers such as recognition, sense of purpose, ability to contribute, opportunity for advancement, etc. Today, I am discussing compensation plan designs. In my opinion, there are a few KEY considerations to incorporate into designing compensation plans to make them great.
Sometimes spending more dollars on the front end can save you a whole a lot more on the backend. I want to challenge you to think about the bigger perspective as it relates to the decisions and investments we make.
Unfortunately, unforeseen external circumstances may surface, which are completely out of their control. When these events materialize, they come through the front door of a business like an out of control freight train. They come in fast and tend to be very disruptive.