Sunday, November 18, 2007

Benefit of Team-Based Pay...Benefits

One of the greatest benefits I'm hoping to gain from our conversion to Team-Based Pay is employee benefits for our team! Right now we offer paid vacation and sick pay, but beyond that there is nothing. No pension, no medical insurance, no dental plan, no maternity leave...

With Team-Based Pay these things become a distinct possibility. We're not there yet, but I can see them in our future. I have several young, newly married women working for me and I can see a baby boom coming. With team-based pay, we can afford to pay maternity leave, as long as we can keep sales up. You should have seen their faces light up when I told them this is possible!

The key is "training" our clients to come in anyway when their favorite stylist isn't available. If they decide to wait it out of get their hair cut elsewhere when their stylist is on leave, our numbers will drop off and the money isn't there for maternity leave. But if our stylists can convince them that 1) it's OK for them to see someone else and 2) we WANT them to see someone else, then we can keep the sales up and afford the benefit.

This may be just the carrot we need to get everyone fully on-board with TBP.

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