The Structure & Policies That Support Your Team with Kate Tyson
Beyond Margins: Build a calmer business with comfortable margins
English - June 25, 2024 07:00 - 49 minutes - 45.4 MB - ★★★★★ - 11 ratingsEntrepreneurship Business Management calm business finance bookkeeping accounting consulting agency small business management growth consultants Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Consider this scenario: a key employee unexpectedly needs to take an extended leave. Is your business financially and structurally prepared to handle that without a hitch? This is a challenge many small businesses face, and it's crucial to be prepared.
As we wrap up our series on sabbaticals, leaves, and breaks, we will examine the policies and financial planning that underpin them.
To guide us through this topic, we have the privilege of hearing from Kate Tyson, a seasoned professional from Wanderwell, a consulting and bookkeeping practice focused on small businesses and innovative business models. Kate, who has recently navigated the planning for paid parental leave for one of her team members and is preparing for a sabbatical later this year, brings a wealth of experience and insights to the table.
So, how can a small business with limited resources effectively offer comprehensive benefits like paid parental leave? Kate, drawing from her practical experience, delves into the myriad of considerations she faced while developing her company’s policy and planning for her team member’s absence and her own upcoming break, providing actionable insights that can empower small business owners and managers.
Listen to the full episode to hear:
How the wide variability in state-level leave programs can complicate creating an equitable policy when you have employees in multiple statesHow Kate and Wanderwell planned for coverage of clients and ongoing projects as her team member went on leaveWhy Kate says that overcommunication about transitions might be more about you than what your clients need or wantThe delicate balance between wanting to provide benefits and not overcommitting financially to the detriment of the businessWhy Kate has moved away from an hourly wage model for her team membersHow Kate is planning for her own sabbatical and how it will impact the businessLearn more about Kate Tyson:
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