Wages, Bonuses and Benefits! episode artwork

EPISODE · May 13, 2023 · 19 MIN

Wages, Bonuses and Benefits!

from The 5Cs · host Charlene Norman

We explore the topic of paying employees, specifically wages, bonuses, and benefits, in the context of compassionate capitalism. What is covered?  The history of minimum wage, living wages, the benefits of implementing effective bonus plans for all levels of employees, and who is responsible for benefit coverage.  Action steps for how to pay employees a living wage and implement effective bonus plans include the importance of regular communication, measuring progress, and involving employees in benefit decision-making. Because paying employees fairly and providing benefits is not only ethical but also extremely beneficial for businesses. Charlene Norman knows how to make millionaires.  (She's got nearly 40 years doing just that.)  Her methods may feel unorthodox; however, the outcomes and results speak for themselves.  She has been practicing some form of Compassionate Capitalism for most of her working life with outstanding results.  Reach out to her here  and here    Ready to benchmark your leadership impact? Take this 5-minute Stewardship Quiz and get a personalized report showing exactly where you rank - plus actionable strategies to elevate your performance.The 5Cs Podcast connects forward-thinking executives who are building sustainable competitive advantages while driving positive impact. Think of it as an exclusive network of leaders who understand that stewardship isn't just good ethics - it's good business.Connect with Charlene Norman on LinkedIn, find her at her website, subscribe to our Substack for strategic insights, or download the full series on Spotify and Apple.

Part Two of the Series known as the Pesky Employees. This episode covers most things remuneration.

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Wages, Bonuses and Benefits!

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This episode was published on May 13, 2023.

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We explore the topic of paying employees, specifically wages, bonuses, and benefits, in the context of compassionate capitalism. What is covered?  The history of minimum wage, living wages, the benefits of implementing effective bonus plans for all...

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