Hows Your Compensation Plan Holding Up?

Published: Jan. 10, 2023, 10 a.m.

This week, in episode 138, Shawn Busse, Liz Picarazzi, and William Vanderbloemen discuss what it\u2019s been like trying to make sense of employee compensation in a time of COVID, the Great Resignation, inflation, and a looming recession. Shawn\u2019s business model is evolving, and he\u2019s trying to adjust his mix of employees to fit the new model with as little disruption as possible. Liz is expecting a year of big growth and is assessing how that will affect her staffing needs\u2014especially as she introduces new benefits, including health care. And William is trying to create a more sustainable compensation structure while also breaking his employees\u2019 expectation that they will always get a year-end bonus. Plus a listener asks: What tasks are the owners still doing, even though they know it\u2019s not worthy of their time? (Aside from participating in this podcast, of course.)