MUST HAVE RESOURCE FOR SALON OWNERS
WAGES & INCENTIVES
The ultimate guide to paying and incentivising your therapists
The biggest area salon owners find challenging or confusing is...
...what to pay therapists and what to expect from them before they're paid more
You're a service-time-based business which means that every hour a therapist treats her/his clients, matters. And THAT time (what you spend on wages) is your biggest business expense so you better make sure that the wages figure as a whole is right and that individually, therapists are producing enough to towards creating profit in your business.
In Wages & Incentives you'll learn:
-Video 1-
Paid and Cost are Two Different Things.
What your therapists (and sometimes even business owners) 'think' they get paid is completely different to what your therapists cost the business. Knowing and understanding this is so important in order to make sound business decisions. In this video, you'll gain a full understand of what you SHOULD pay your therapists. * Includes the Wage and Productivity Calculator Excel Template to help you learn the full story of paying therapists. Priceless.
-Video 2-
What Productivity Should You Expect for What you Pay
This is THE most important video you’ll ever watch when it comes to understanding what to pay your therapists, why and when you can pay more. It also coaches you on the minimum productivity levels to expect from your therapists. If you’re equipment-heavy, it needs to be more.
- Video 3-
The Work You Need to Do Around Your Wages
What you actually pay your therapists is not what you or your therapist thinks. There’s more than meets the eye. What you pay comes out of your pocket so understanding it all is very important. This video will take you step-by-step through calculating the current situation in your business. Once you know your base point, you can move forward. * Includes the Wages Cost to Revenue Analysis Excel Template to help you work out the viability of each therapist in your employ.
- Video 4-
What to Do if you are Overpaying Your Therapists
Most find that they’re overpaying their therapists. In this video, I’ll show you how to move forward with paying your therapists the RIGHT wages without them losing it!
- Video 5 -
The CREAM Solutions Bonus Incentive Plan
* Includes the CREAM Solutions Bonus Incentive Plan. Used by literally hundreds of salon owners, this is a table of what you can afford to pay as bonuses when therapists exceed their target. There’s a lot to consider and my algorithm makes it fair to the business and generous to the therapists. This alone is worth the price of this course. .
- Video 6 - BONUS VIDEO
How to use the Bonus Incentives Calculation Excel Spreadsheet
There are two ways you can use the CREAM Solutions Incentives Plan. This video shows you the two ways *Includes the Incentives Calculation Excel Spreadsheet where calculating bonuses for each therapist will take you minutes.
You+Wages & Incentives'
= everything you need
Maybe you thought everyone else pays above award. (The profitable salons don't)
Or maybe you felt you had no choice. (You have)
Either way, this course is going to help you with every question you've ever had around paying and incentivising your therapists. THE only way you should that is affordable to you and generous to the therapist.
Here's What's Included
- 6 comprehensive step-by-step videos
- Full transcript of every video
- 3 plug-and-play, make-your-life-easier Excel templates
- The CREAM Solutions Bonus Incentive Plan (Priceless)
