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Managing the Tension Between Payroll & Profits
Manage episode 502684927 series 3531027
Every leader faces the same question: How do you pay people well without sinking the business?
In this episode, Mark and Randy unpack the real tension between payroll and profits. You’ll discover why “there is no mission without margin,” how to know if your pay is fair, and the hidden value of benefits and culture. They even share the idea of “psychic income” that keeps top talent loyal—even when money is tight.
Don’t miss this honest talk that could save your team and your bottom line.
Subscribe to Our Newsletter Here: https://leadeveryday.com/newsletter/
Order Lead Every Day Here: https://shop.leadeveryday.com/products/lead-every-day
315 episodes
Manage episode 502684927 series 3531027
Every leader faces the same question: How do you pay people well without sinking the business?
In this episode, Mark and Randy unpack the real tension between payroll and profits. You’ll discover why “there is no mission without margin,” how to know if your pay is fair, and the hidden value of benefits and culture. They even share the idea of “psychic income” that keeps top talent loyal—even when money is tight.
Don’t miss this honest talk that could save your team and your bottom line.
Subscribe to Our Newsletter Here: https://leadeveryday.com/newsletter/
Order Lead Every Day Here: https://shop.leadeveryday.com/products/lead-every-day
315 episodes
All episodes
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