Set up compensation levels with MIKAL
COMPENSATION SYSTEM SET UP AND IDEAS
Compensation can now be set up to match levels of operators and reward the top
producers. In the beginning set up a compensation system that has product deductions, service
charges, and assistant charges built in. As production increases these charges can
be absorbed by the company.
Idea:
Guarantee is $ 200.00 per week for 36 hour week.
Product cost of 8% off the top until employee achieves $ 900.00 in sales
Service charge of $ 1.00 per service until the employee achieves $ 1400.00 in sales
Assistant charge of $ 75.00 per week (if used) until the employee achieves over $1800.00.
Your employees are your most valuable asset and are also your biggest expense.
You need to manage and motivate your staff through better communication of performance, structured goal setting, and an aggressive flexible compensation package.