How Much Should You Pay Your Staff‪?‬ Big Dreams Great Teams ®

In this episode, I talk about how to determine appropriate pay structures for your team members, and how it can impact your team dynamics and business outcomes. I explore some of the intricacies of underpaying and overpaying for a role, and explain why it is important to align pay rates with market research, financial feasibility, and the role's inherent value within your business. From assessing hiring challenges to considering future potential and seeking objective advice, I share how to na...