“How Much Do I Pay My Employee?”
When it comes to paying your employees, the question isn’t just how much—it’s about understanding why. Over the weekend, I had a conversation with one of my clients who asked, “How much should I pay my employees?” At first, it seems like a simple question, but the answer requires diving deeper into the foundation of your business.
Before you can determine salaries, you need to ask yourself:
1. What is the vision for my company?
Where do you see your business in three years? Do you want a lean team of specialists or a larger team that can cover more ground?
2. What roles and responsibilities will my team have?
Every position should bring value, whether by increasing revenue or saving you time and energy.
3. How do I design a team structure for growth?
Paying someone isn’t about their background—it’s about the value of the position itself. The right person for the role is critical, but the role needs to align with your larger goals.
This is why I developed the BOSSUP Method, my signature process to help small business owners like you step out of the weeds and finally achieve the freedom you deserve.
In our program, we don’t just answer surface-level questions. We build the foundation of your business by focusing on:
• Business Mindset: Stepping into your role as the leader.
• Organizing Vision: Clarifying where you’re going.
• Systems and Processes: Building the structure for growth.
• Structuring Your Team: Hiring with intention.
• Understanding Money: Knowing your numbers.
• Preparing to Exit: Creating a sustainable, sellable business.
If you’re tired of guessing your way through critical business decisions and want a proven path to growth, let’s work together. Whether you choose a half-day workshop or my 12-session coaching program, we’ll build a strategy tailored to your business.
Ready to boss up? Visit my website to learn more about our packages!