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SMME #347 ​​Profitably Paying Your Team

SMME #347 ​​Profitably Paying Your Team

FromSpa Marketing Made Easy Podcast


SMME #347 ​​Profitably Paying Your Team

FromSpa Marketing Made Easy Podcast

ratings:
Length:
22 minutes
Released:
Sep 18, 2023
Format:
Podcast episode

Description

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.
Released:
Sep 18, 2023
Format:
Podcast episode

Titles in the series (100)

Spa Marketing Made Easy Podcast is a place where we share simple, proven strategies just for spa industry professionals, to help you get more clients in the door so you can create a life you love.