EP 91-Motivating Employees When You Can't Pay Them What They Want
Manage episode 409434115 series 3559166
In this episode, I tackle the challenge of keeping employees when you can't meet their salary expectations.
I share insights on defining appropriate pay based on revenue metrics (around 20-30% of total revenue) and reveal secrets to motivate and retain talent without relying on money.
The focus is on fostering a strong connection between a business's purpose and employees' drive for loyalty and dedication, even in financially constrained situations.
Tune in for actionable strategies to create a thriving work environment in unconventional industries.
105 episodes