How to compensate your employees (properly)

Compensation.   It’s a sticky subject and most people do it wrong.   In this episode I talk about how to pay your employees properly - in a fair and objective way.   I also talk about: -how to strategically decide your compensation philosophy the difference between a “value hire” and an “out of the box” hire -how to determine the “pie chart” of compensation you can offer -What DOES and DOES NOT effect compensation (this is super important - so many horror stories here)   Hope you find this helpful in making better compensation decisions with your team!   P.S. as an entrepreneur, you ARE an employee in your business…so pay yourself like one (not too little or too much).   Watch my video on "How To Decide When To Pay Yourself A Salary As A Business Owner" HERE: https://youtu.be/Dp3jHBZMV8I   Watch my video on "How To Choose Between Opportunities (Deciding What Job To Take Or Business To Start)" HERE: https://youtu.be/IPxYSGT1z10   SUBSCRIBE to my YouTube channel here: http://bit.ly/chandlerYT   Check out what we're doing at Self Publishing School here: http://self-publishingschool.com   Learn about booking me to speak here: https://youtu.be/K12hkOXaM3k