In this special episode, we answer questions about Team-Based Pay (TBP) raised by Britt Seva in her Thriving Stylist podcast episode titled "Commission Structures That Work Today."

Listen to the episode of reference here: https://thrivingstylist.com/podcast/332

As fans of the Thriving Stylist podcast, we were thrilled to be included in the conversation about pay.

In this episode, we're excited to answer her questions, as well as bust some common Team-Based Pay myths, including:

• Top performers are at a disadvantage in TBP
• Employees will get a pay cut
• It discourages individual achievement
• Running the Team-Based Business Model is more work

This episode is a great resource for salon, spa, and medspa owners who are considering switching to the Team-Based Business Model and want answers to common questions.

Watch the video version of this episode: https://youtu.be/Gy_stS4rAAU

To learn more about how Strategies can help you create more profit, fun, and growth potential for you, your business, and your team, we invite you to schedule a free 60-minute strategy session:

Schedule a free 60-minute strategy session: https://strategies.com/free-coaching-session

Strategies: https://www.strategies.com
Salon/Spa Business Coaching: https://strategies.com/memberships/
In-Person Salon/Spa Seminars: https://strategies.com/seminars/
Online Salon/Spa Training: https://strategies.com/upcoming-onlives/
Podcast: https://strategies.com/podcast/
Instagram: https://www.instagram.com/strategies4biz/
Facebook: https://www.facebook.com/strategies
TikTok: https://www.tiktok.com/@strategies4biz

The Beauty Business Strategies Podcast is designed to give salon, spa, medspa, barbershop, and lash studio owners, just like you, quick tips to make more money, inspire your team, and create world-class client experiences.

On this episode, Leslie Winterrowd, a seasoned salon owner and Certified Strategies Coach, joins us to share her wealth of knowledge on recruiting and hiring service providers that fit your salon/spa. Together, we dissect the nuanced art of crafting job postings that don't just speak to the skill set but resonate with the core values and culture that make your salon/spa stand out. Leslie's insights are a game-changer, shifting the focus from dangling carrots like pay to connecting with the aspirations of a workforce yearning for meaningful employment.

This episode is a heartfelt exploration of why the right attitude and synergy among your team can outshine technical prowess every time. Through candid discussions and real-life examples, we illuminate how a strong set of shared values can not only magnetize the right staff but also foster an environment where both creativity and camaraderie flourish.

Conversation highlights:
1:00 Today's recruiting and hiring challenges
2:53 Optimizing your job ad to attract top talent
4:42 The difference with today's applicant pool
5:30 Hiring and recruiting strategies in salons/spas
12:59 Value-based culture in hiring practices
18:13 Living and implementing organizational values

Watch the video version of this episode: https://youtu.be/uzd3N3y8kto

To learn more about how Strategies can help you create more profit, fun, and growth potential for you, your business, and your team, we invite you to schedule a free 60-minute strategy session:

Schedule a free 60-minute strategy session: https://strategies.com/free-coaching-session

Strategies: https://www.strategies.com
Salon/Spa Business Coaching: https://strategies.com/memberships/
In-Person Salon/Spa Seminars: https://strategies.com/seminars/
Online Salon/Spa Training: https://strategies.com/upcoming-onlives/
Podcast: https://strategies.com/podcast/
Instagram: https://www.instagram.com/strategies4biz/
Facebook: https://www.facebook.com/strategies
TikTok: https://www.tiktok.com/@strategies4biz

The Beauty Business Strategies Podcast is designed to give salon, spa, medspa, barbershop, and lash studio owners, just like you, quick tips to make more money, inspire your team, and create world-class client experiences.

In this episode, we tackle one of the most pressing issues facing beauty business owners today: PAYROLL. We discuss the delicate balance owners must maintain between meeting employee expectations for higher pay and ensuring the financial health of their company.

You'll learn valuable insights on how to approach this challenge, including the importance of communication, career paths for employees, and creating a transparent financial plan. We dive into practical advice on understanding your payroll expenses in relation to overall sales, establishing clear paths for growth, and addressing team members' expectations. Whether you're an established business owner or just starting in the beauty industry, this episode offers actionable strategies to help navigate payroll challenges and build a stronger, more resilient business.

Conversation highlights:
00:54 Balancing payroll costs and team happiness
01:50 Where does your payroll stand?
03:30 Communication + financial transparency are key
06:00 The importance of mapping out career paths
06:40 Common payroll challenges in the beauty industry
09:08 Action steps to take if you're overwhelmed by payroll
12:40 The real meaning behind an employee's request for a raise

Watch the video version of this episode: https://youtu.be/Ne5V6MJdPmk

To learn more about how Strategies can help you create more profit, fun, and growth potential for you, your business, and your team, we invite you to schedule a free 60-minute strategy session:

Schedule a free 60-minute strategy session: https://strategies.com/free-coaching-session

Strategies: https://www.strategies.com
Salon/Spa Business Coaching: https://strategies.com/memberships/
In-Person Salon/Spa Seminars: https://strategies.com/seminars/
Online Salon/Spa Training: https://strategies.com/upcoming-onlives/
Podcast: https://strategies.com/podcast/
Instagram: https://www.instagram.com/strategies4biz/
Facebook: https://www.facebook.com/strategies
TikTok: https://www.tiktok.com/@strategies4biz

The Beauty Business Strategies Podcast is designed to give salon, spa, medspa, barbershop, and lash studio owners, just like you, quick tips to make more money, inspire your team, and create world-class client experiences.