Team: What to Consider When Creating Compensation Plans

September 20, 2023 00:16:30
Team: What to Consider When Creating Compensation Plans
The GROW! Show
Team: What to Consider When Creating Compensation Plans

Sep 20 2023 | 00:16:30

/

Show Notes

In this episode, Grunder Landscaping VP Vince Torchia shares some of the salary and bonus structures that ensure happy, productive teams and a growth mindset. 

The answer we usually have to give when asked about compensation plans is that "it depends" It depends on your business structure, your financial performance, your area, and what your current compensation plans look like. To set up a plan that works for both you and your team, Vince Torchia has tips for what to consider.

Discussion Points:

The Grow Show podcast is sponsored by STIHL and brought to you by The Grow Group - a leading coaching and education firm for landscape professionals. Your host is Marty Grunder, president and CEO of The Grow Group and Grunder Landscaping Co., one of the most successful design-build operations of its kind in the Midwest. The Grow Show shares ideas, tips, tactics, and insights that will help you grow your landscaping business.

Resources:

 

GROW! Conference Feb 2024

 

The Grow Group

 

Grunder Landscaping

 

Vincent Torchia LinkedIn

 

Marty Grunder LinkedIn

 

Stihl

Other Episodes

Episode 65

July 17, 2024 00:35:18
Episode Cover

Interview Series: Investing in Your People with Seth Pflum of Grunder Landscaping

Seth Pflum, President of Grunder Landscaping Co., and has been instrumental in leading the team's growth alongside Marty in his 12+ years with the...

Listen

Episode

August 16, 2023 00:11:14
Episode Cover

Finance: What Numbers Matter Most and How Often to Review Them

How often do you look at your company’s performance numbers? You shouldn't wait until the books are closed at the end of the year...

Listen

Episode

May 08, 2024 00:20:54
Episode Cover

Sales: The Traits that Make Salespeople Successful

In this excerpt from our Virtual Sales Bootcamp, Marty Grunder is joined by Chris Psencik to discuss qualities that successful salespeople have, and how...

Listen