elcojo2
Member
- Location
- California
- Occupation
- Electrical Contractor
To all business owners:
I ran a crew of 18 electricians in CA. I was hoping to get ideas about how other companies are keeping long time employees happier?
This is what I am doing for my employees overall.
Competitive hourly pay.
401K match 6%
1 week vacation paid
6 holidays paid
paid insurance 100%
End of the year bones (10k) just to my key employees the other ones is less.
Work truck to commute from home to shop. Many times this truck is used to do site jobs. ( for my key employees)
Basically, what I am trying to do is get them more involved and brings those jobs to the company and figure out a way to compensate them.
Now I thought commission, should those be a percentage based on profit, volume sold?
I was thinking add a profit sharing plans?
Any ideas would be appreciated? I am still the one that works the most amount of hours and get almost paid the same as some of this key employees now . I just have the assets of the biz which is not much.... but also I need the employees to survive and grow.
Thanks,
I ran a crew of 18 electricians in CA. I was hoping to get ideas about how other companies are keeping long time employees happier?
This is what I am doing for my employees overall.
Competitive hourly pay.
401K match 6%
1 week vacation paid
6 holidays paid
paid insurance 100%
End of the year bones (10k) just to my key employees the other ones is less.
Work truck to commute from home to shop. Many times this truck is used to do site jobs. ( for my key employees)
Basically, what I am trying to do is get them more involved and brings those jobs to the company and figure out a way to compensate them.
Now I thought commission, should those be a percentage based on profit, volume sold?
I was thinking add a profit sharing plans?
Any ideas would be appreciated? I am still the one that works the most amount of hours and get almost paid the same as some of this key employees now . I just have the assets of the biz which is not much.... but also I need the employees to survive and grow.
Thanks,