EPISODE · Aug 6, 2021 · 24 MIN
Episode 34 - What are ways to REWARD my employees? 3 of 4
from Smarter Vet Financial Podcast · host Florida Veterinary Advisors
Send us Fan MailThe worst way to reward an employee is with a cash bonus that is not tied to anything specific that they had control over. If you bonus cash to an employee and label it something generic like a “Christmas Bonus” they most likely will expect the same or more the following year! Also, a downside of the ambiguity of a cash bonus is that the employee isn’t sure how they should perform to get it again. Today we are going to give some ideas on how to reward employees in a way that will boost overall engagement, morale, AND profits.Take our short assessment to find out what you might be overlooking in your plan.Test Your Business Financial IQWatch our 5 part video course on the Foundational Steps to Financial BalanceWatch the course nowSign up for a complimentary phone call to talk about how to get better use of all the cash inside your practice.Schedule a timeCheck out our social media channelsFacebookLinkedInYouTube
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Send us Fan Mail The worst way to reward an employee is with a cash bonus that is not tied to anything specific that they had control over. If you bonus cash to an employee and label it something generic like a “Christmas Bonus” they most likely will expect the same or more the following year! Also, a downside of the ambiguity of a cash bonus is that the employee isn’t sure how they should perform to get it again. Today we are going to give some ideas on how to reward employees in a way that ...
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Episode 34 - What are ways to REWARD my employees? 3 of 4
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