Do Perks Offset Low Pay?

Do Perks Offset Low Pay?

In our experience, the answer is always…

Perks help define company culture, but money talks the loudest.

They encourage your team, build a good culture, and make them want to stay vs.

seeking new opportunities.

They make your employees more likely to refer others to work with you.

But if someone can go down the street and make more money per hour for the same

job, they will almost every time.

Why your daily man hour rate is the most important number you need to know.

An additional $1-$3 per hour has a more direct impact on their family than any one-

time perk.

Perks alone are not enough to keep an individual on your team.

You want to provide the best service and the best quality in

your market.

How to get your teams to up their quality level.

But the only way to do

this is if you keep your people on your team.

Which means you have to pay them well so they stay with you.

It costs you money if you spend time

training someone and then they go to another company.

Therefore, you need to be paying your staff on the high-end of your market.

Perks —

• Make your company THE place to work

• Build up company morale

• Reward an individual for a job well done

• Encourage employees to refer others to also work there

But they are NOT enough to keep good employees if they could make more money

to provide for their families.

Service Autopilot helps you watch expenses so you know how much you

spend on your team.