EP129: What Do You Pay Your Employees?

Today’s episode is inspired by Amazon recently boosting their starting pay for workers. While a lot of business owners default to having a scarcity mindset, it’s important to step it up when paying your people. Listen to find out why.

In this episode, we talk about…

  • How the wrong mindset about hiring and paying employees can actually hurt your sales.
  • Why some people think entry level workers shouldn’t make much money, and why that’s a small-minded way of thinking,
  • How providing decent employee wages comes down to more of a psychological issue than a financial issue for your business.
  • Why paying people what they’re worth will work in your favor.
  • Why having employees who have your back and stick around matters more than how much you’re putting in your pocket.
  • How our contractor groups will help you get into the right mentality around this subject.
  • Additional perks you should be implementing to help keep your employees around.

Resources:

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