How To Handle Pay Discussions With Your Team

About this episode

This episode discusses how to effectively handle pay discussions with employees to enhance loyalty and profitability.

Oh crap. One of your best workers wants a pay rise. Your head starts spinning. Can I afford it? Do they actually deserve it? If I say yes, will everyone else want one too? If I say no, will my best worker leave? Pay discussions can be awkward, stressful... and expensive. But handled the right way, they can build loyalty, improve performance, and even make your business more profitable. WHAT YOU’LL GAIN FROM LISTENING TO TODAY’S PODCAST: How a worker’s pay rise can make you more profit Pay discussion mistakes you should avoid at all costs How to handle pay discussions without overpaying or losing your best people LINKS MENTIONED IN THIS EPISODE: Claim a Free Planning Session to learn what coaching could do for your business Subscribe to our YouTube Channel Get a copy of the Profitable Tradie book Thanks for joining us this week. Want to subscribe to The Profitable Tradie Podcast? Have some feedback you’d like to share? Connect with us and leave us a review with a 5-star rating.

People in this episode

Host: Tony Fraser-Jones

Topics covered

• pay discussions
• employee retention
• business profitability
• performance management
• staff loyalty

Keywords

• pay rise
• employee discussions
• business coaching
• performance improvement
• staff management

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