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Paying Your Staff 101
Manage episode 363653384 series 2971228
As a gym owner, one crucial aspect of running a successful fitness business is determining how to pay your staff.
It's a topic that often sparks debates and raises questions about what is fair and sustainable for both the business and its employees.
In today's episode, Tim and Randy delve into this topic based on a question on the Business Talk with Fitness Professional Facebook group.
The query focused on what to do if clients fail to show up for scheduled sessions and whether coaches should still receive payment in such cases.
The simple answer is you should always pay your coaches no matter the situation with the clients.
But there's more to this question, including how to structure your pay periods, other benefits to offer your coaches, and much more. Tune in!
Key Takeaways
- You always pay your coach (02:03)
- The roles and responsibilities of a trainer (05:45)
- Coaches compensation and benefits (10:53)
- The downsides of a split shift (12:50)
- The best pay period for a gym business (15:04)
Additional Resources
- Grab your tickets for the 2023 FitPro Growth Summit use code Growth23
- Learn more about The Iron Circle
- Business Talk with Fitness Professionals Facebook group
- Jump on a call with Randy
---
If you haven't already, please rate and review the podcast on Apple Podcasts!
577 episodes
Manage episode 363653384 series 2971228
As a gym owner, one crucial aspect of running a successful fitness business is determining how to pay your staff.
It's a topic that often sparks debates and raises questions about what is fair and sustainable for both the business and its employees.
In today's episode, Tim and Randy delve into this topic based on a question on the Business Talk with Fitness Professional Facebook group.
The query focused on what to do if clients fail to show up for scheduled sessions and whether coaches should still receive payment in such cases.
The simple answer is you should always pay your coaches no matter the situation with the clients.
But there's more to this question, including how to structure your pay periods, other benefits to offer your coaches, and much more. Tune in!
Key Takeaways
- You always pay your coach (02:03)
- The roles and responsibilities of a trainer (05:45)
- Coaches compensation and benefits (10:53)
- The downsides of a split shift (12:50)
- The best pay period for a gym business (15:04)
Additional Resources
- Grab your tickets for the 2023 FitPro Growth Summit use code Growth23
- Learn more about The Iron Circle
- Business Talk with Fitness Professionals Facebook group
- Jump on a call with Randy
---
If you haven't already, please rate and review the podcast on Apple Podcasts!
577 episodes
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