How Your Compensation Plan Affects Everything
(Including Your Bottom Line)
About Compensation? Then this DVD is for you. Payroll is typically
the biggest expense in any spa and without a doubt one of the most
complex and hotly debated business issues facing day spa owners
today. How do you determine the best method of paying your employees?
Designing a pay system that is fair to both employer and employee
is a complex process that requires a thoughtful and detailed analysis
of your business goals.
Every day, Spa Owners, Directors and Managers try to balance the
needs of their Bottom Line with the need to Attract
Talented Providers. All too often the needs of the bottom
line are compromised and the Spa struggles to meet its financial
goals. The way we compensate our Providers seems complex and sometimes
overwhelming, but it doesnt have to be that way.
We will not only look at how we compensate affects the bottom line
but how these incentives affect almost every facet of
our business, from employee retention to the guest experience.
Ultimately we will discover how to insure long term profitability
while at the same time enhancing the skills of the Providers and
the overall Guest experience. By the end of this DVD you will learn:
1. What pay system is best for your facility. 2. How to best implement
pay system changes. 3. How to enhance the profitability of their
Spa. 4. How compensation affects team work, profitability, staff
moral, the guest experience, and employee turn-over.