Maybe bouses as a percentage of base base pay? That way the guys who have
been there longer or are better workers and have received raises for time
or performance get a little more. It also incentivizes people to be better
performers if they get a little more pay raise and realize that equates to
a
Just feel at this point.
We pay our installers (internet roof top, fttp etc) around $24 an hour. Labor
it's too hard, merit based incremental pay raises about 3-4 percent a year
after they have been at this level.
Managers around $60k to $90k a year with full benefits, again 3 percent raises
on
: [AFMUG] compensation for employees
I have always found one of the best ways is to provide better
benifits/perks. As others have said 401k match is a good one, but if
that's not something most your employees would be interested in. Fully
paid health insurance can be one, also send th
Scarborough
Sent: Monday, January 29, 2024 9:52 AM
To: af@af.afmug.com
Subject: Re: [AFMUG] compensation for employees
I have always found one of the best ways is to provide better benifits/perks.
As others have said 401k match is a good one, but if that's not something most
your employees wou
I have always found one of the best ways is to provide better
benifits/perks. As others have said 401k match is a good one, but if
that's not something most your employees would be interested in. Fully
paid health insurance can be one, also send them to training or a
tradeshow. Even welders lik
ions
>> sooner rather than later.
>> Production based bonuses are good in theory, but I have not yet had those
>> based on a metric that I had any impact on. I’ve been just along for the
>> ride on the bonus programs.
>>
>>
>>
>>
>>
>
on the bonus programs.
>
>
>
>
>
>
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>
>
>
>
> From: AF On Behalf Of Ken Hohhof
> Sent: Sunday, January 28, 2024 2:12 PM
> To: 'AnimalFarm Microwave Users Group'
> Subject: Re: [AFMUG] compensation for employees
>
>
>
> I worked
ubject: Re: [AFMUG] compensation for employees
I worked for big companies in the 80’s and remember profit sharing and
Christmas bonuses. Then we had a period of startups with stock options as a
huge part of compensation – the idea was you worked 80 hour weeks for modest
pay but if the company
a D or F.
>
>
>
> *From:* AF *On Behalf Of *Robert
> *Sent:* Sunday, January 28, 2024 8:14 PM
> *To:* af@af.afmug.com
> *Subject:* Re: [AFMUG] compensation for employees
>
>
>
> People don't always know what is best for them. But fully funding an IRA
> wou
28, 2024 8:14 PM
To: af@af.afmug.com
Subject: Re: [AFMUG] compensation for employees
People don't always know what is best for them. But fully funding an IRA
would be a way to funnel money to them without taxes that might be appreciated
when they do their taxes..
On 1/28/24 6:09 PM,
floor would
prefer that. We only have 25 employees and they are mostly welders
etc. I wonder if any of them even have an IRA.
*From:* Robert
*Sent:* Sunday, January 28, 2024 7:53 PM
*To:* af@af.afmug.com
*Subject:* Re: [AFMUG] compensation for employees
Fully fund IRAs?
On 1/28/24 5:18 PM,
?
From: Ken Hohhof
Sent: Sunday, January 28, 2024 1:11 PM
To: 'AnimalFarm Microwave Users Group'
Subject: Re: [AFMUG] compensation for employees
I worked for big companies in the 80’s and remember profit sharing and
Christmas bonuses. Then we had a period of startups with stock op
owave Users Group'
Subject: Re: [AFMUG] compensation for employees
Maybe others will have answers to that question, sounds like tricky territory.
Do you have salespeople, and are they already getting performance based pay?
That’s the one exception that comes to my mind, but you could
:* Sunday, January 28, 2024 1:11 PM
*To:* 'AnimalFarm Microwave Users Group'
*Subject:* Re: [AFMUG] compensation for employees
I worked for big companies in the 80’s and remember profit sharing and
Christmas bonuses. Then we had a period of startups with stock options
as a hu
McCown via AF
Sent: Sunday, January 28, 2024 7:18 PM
To: 'AnimalFarm Microwave Users Group'
Cc: ch...@go-mtc.com
Subject: Re: [AFMUG] compensation for employees
Thanks Ken,
No stock options. I am slowly giving the company to a couple sons that are
putting in the sweat equity. Stil
Users Group'
Subject: Re: [AFMUG] compensation for employees
I worked for big companies in the 80’s and remember profit sharing and
Christmas bonuses. Then we had a period of startups with stock options as a
huge part of compensation – the idea was you worked 80 hour weeks for modest
pay
I worked for big companies in the 80’s and remember profit sharing and
Christmas bonuses. Then we had a period of startups with stock options as a
huge part of compensation – the idea was you worked 80 hour weeks for modest
pay but if the company hit it big your options could be worth a lot. I
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