Companies can’t reach their goals without hardworking employees. Business owners must recognize and reward employees for their fantastic work and dedication.   

In this episode, I share different ways to invest in your employees so they know they are valued and appreciated.  

In this episode, you’ll also hear: 

• Options for profit-sharing, raises, and paid time off  


• Suggestions for promotions, gifts, and bonus programs  


• Importance of company culture and employee input for rewards   

Must-listen moments:  

[00:02:04 ] [Profit sharing] can be done quarterly, it can be done annually, or it can be done as a part of your contribution as the employer contribution to the 401k. 

[00:03:20 ] It depends on what your employee values as the best compensation. Do they want the money, or do they want time off? 

[00:07:14 ] The effectiveness of each approach varies depending on the culture of your company…you might want to do a system where you combine these strategies, and that will help you meet your workforce's needs. 

Visit our website and click on the Let’s Talk button: http://www.firststepsfinancial.com 

Reach out to Alisa: Alisa@firststepsfinancial.com 

Connect with us on social media! 

FB - https://www.facebook.com/FirstStepsFinancial 

IG- https://www.instagram.com/firststepsfinancial/ 

LinkedIn -https://www.linkedin.com/company/first-steps-financial/ 

Podcast audio/video editing and show notes by  http://www.podcastabundance.com/services