SMALL BUSINESSES SAY NO TO RAISES READ ABOUT OTHER OPTIONS AVAILABLE

 WE CAN DO IT TOGETHER.

Small businesses around the country will be informing their staff that there will be no raises for the second straight year. Now, I feel for the staffers being in Corporate America for fourteen years. It is tough to deliver bad news such as this one. Why? Small businesses cannot afford to lose their key employees. Small businesses still create the majority of jobs in America. Consumer confidence is down and people are saving their money. They are thankful for having a job.

What can small business owners do to overcome the bad news? How do they keep morale up? Here are my TOP 10 SUGGESTIONS FOR SMALL BUSINESS OWNERS TO KEEP EMPLOYEES SPIRITS UP

  1. Shut down half day one Friday per month
  2. Verbal and written recognition for job well down
  3. Increase Thank Yous in the office
  4. Have a BBQ
  5. Take a company day trip to the beach
  6. Gift certificates to movies or dinner
  7. Buy breakfast for everyone once per month
  8. Bring in Financial Planner to better educate on money
  9. Discuss state of economy
  10. Provide coffee

 

 

Make the Call, Set the Plan, Do the Deal$!

Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities.  The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona.  You can listent to past shows, or stream on-line.

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8 comments • Harry F. D'Elia, Investor , Mentor, CSSN Radio Coach, REOs, Networker, ePRO, CDPE • July 11 2009 07:17AM

Comments

Harry, last Dec the company where my daughter works gave everyone a 20% pay cut.  A raise you say?  just to get the 20% back would be a raise.  This month my soninlaw took a paycut.  I wonder what Congress would do if they had a 20% pay cut and all the while were told, hey, you still have a job, unlike the 20% of your co workers who were laid off. 

Posted by South Austin Real Estate Blog (Sky Realty South Austin) almost 3 years ago

20% is hard to get back since the annual raise is between 2-5% per year. I believe people will start switching jobs which only hurts small business owner.

Posted by Harry F. D'Elia, Investor , Mentor, CSSN Radio Coach, REOs, Networker, ePRO, CDPE (Properties R Us LLC) almost 3 years ago

Thanks for sharing the tips this morning. Great motivation

Posted by Eric Villaverde (DoubleTree Home Inspection Services L.L.C.) almost 3 years ago

There are other ways to keep people motivated. One must put in the effort

Posted by Harry F. D'Elia, Investor , Mentor, CSSN Radio Coach, REOs, Networker, ePRO, CDPE (Properties R Us LLC) almost 3 years ago

I would not mind a massage every Tuesday at 1PM. Just a thought. Great ideas

Posted by Tim Green (Real Estate and Beyond LLC) almost 3 years ago

keep the dream alive

Posted by Harry F. D'Elia, Investor , Mentor, CSSN Radio Coach, REOs, Networker, ePRO, CDPE (Properties R Us LLC) almost 3 years ago

These are great tips for small business owners. People want to be treated fairly with dignity

Posted by Stephanie D'Elia (Real Estate and Beyond LLC) almost 3 years ago

Thanks for sharing your post with us today. Make it a great day.

Posted by Katiejo Franks (Real Estate and Beyond, LLC) almost 3 years ago

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