358. How to Pay People Properly: Your No Bullsh!t Guide to Remuneration

The biggest cost item on most P&Ls is labour. You’ll probably spend more money this year paying people than you will on any other operating expense. But do you know what you’re paying for? And do you know how to get the most from this major investment of your company’s resources?We’ve had several questions from the leaders in our current cohort of Leadership Beyond the Theory on the relationship between remuneration, motivation, and performance.That’s why, in this episode, I’m going to give you a definitive overview of how remuneration works. It gets pretty complicated in parts, so to make it easier, we’ve produced a free downloadable PDF (it's 13 pages, we didn't leave anything out), which has the complete remuneration guideLet’s face it, you’re making decisions that affect people’s livelihoods, so it’s important you know what you’re doing.From base salary, to STI’s…from long-term share options to sign-on bonuses…My goal is to completely demystify remuneration for you, so that you can be more judicious about how you apply financial rewards!————————🔥 2,000+ No Bullsh!t Leaders Are Inside… You In? 🔥Join our free Skool community for real leaders with no egos. 👥 High-calibre connections.🎧 Weekly Podcast Club prompts.📢 Unfiltered convos that shape the podcast content.You’re in the trenches, so are we. Let’s cut the BS and lead better, together.Join for free now! 🔥————————You can connect with me at:Website: https://www.yourceomentor.comFacebook: https://www.facebook.com/yourceomentorInstagram: https://www.instagram.com/yourceomentorLinkedin: https://www.linkedin.com/in/martin-moore-075b001/Youtube: https://www.youtube.com/@YourCEOMentor————————Our mission here at Your CEO Mentor is to improve the quality of leaders, globally. Your boss wants more with less. Your team wants less, full stop. You're stuck in the middle.Leadership Beyond the Theory is 9 weeks to promotion-ready leadership.2,800+ leaders from 150+ organisations. 99% would recommend.Doors are now open for the June 2026 cohort, they close Fri 26 June!Join the cohort here: https://go.leadershipbeyondthetheory.com/ Hosted on Acast. See acast.com/privacy for more information.