SMME #347 Profitably Paying Your Team
Spa Marketing Made Easy Podcast
English - September 18, 2023 10:00 - 21 minutes - 49.5 MB - ★★★★★ - 250 ratingsBusiness Education business entrepreneur entrepreneurs women marketing socialmedia sales psychology onlinebusiness nlp Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Paying your team – it’s the topic that’s as old as time for every Spa CEO in our community, and as long as you’ve got a vision to grow your aesthetic practice, the topic of team pay is one you’ll return to again and again.
In this episode, I’m diving deeper into the numerical breakdown behind profitably paying your team and answering specific questions from a previous training I did inside the Spa Marketing Made Easy community called, “Commission vs. Hourly - How to Pay Your Team.” (Link to this video in the full show notes.)
Whether you’re currently a solo aesthetician with dreams to one day have other providers in your practice, or you’re currently trying to find a team pay structure that benefits your team and your business in the long-term, you won’t want to miss this episode.
In this episode, we discuss:
The variety of reasons why salary-based pay isn’t the way to go for spa owners
The Profit First approach to your money breakdown and how to ensure you’re adjusting the numbers to fit your needs
The big benefits of hourly pay and how to properly communicate and present your compensation package properly to your employees
The benchmark for your providers that allows you to know whether you’re profitably paying your team
To read the full show notes for this episode, visit: https://www.addoaesthetics.com/blog/347
Keep the conversation going inside the Spa Marketing Made Easy Community by clicking here.