Embark on a transformative journey to evolutionize your salon's pay structures with our compensation blueprint providing in-depth knowledge and tools to master components of your compensation ecosystem.
Over our journey together within 12 value-packed, two-hour, private sessions, you'll gain massive understanding of pay plan elements and tools like:
- Your Career Ladder Hierarchy (Template provided)
- Compensation-Driven KPI Dashboard (Template provided)
- Multi-Tiered Commission Structures (Commission dashboard provided)
- Scalable Pay Plans that Align with Career Levels
- Methods to Promote Give Promotions for High Performance
- Payroll Budgeting (Dashboard Provided)
- Hourly Scales (Template Provided)
- Junior Level Pay Strategies (Pay Calculator Provided)
- Performance & Team-Based Promotional Based Pay (Template provided)
- Benefits Wallet Packages (Template provided)
- Paid-Time-Off (PTO Calculator and policies Provided)
- Holiday Pay - (Template Provided)
- Flex-Schedule Benefits - (Flex-Schedule policy provided)
- Creative Compensation Combinations - (Compensation Glossary template provided)
- Leadership Pay Strategies - (Template provided)
- Total Compensation Plan Reviews - (Template provided)
- Physical Compensation Package Presentation - (Templates provided)
Your sessions can be scheduled at your own pace and designed to focus entirely on developing the most comprehensive pay plan of your dreams!
You'll work closely with compensation expert, Nikki Le, to craft a customized compensation blueprint tailored to your company's philosophies and your team's unique needs and income goals.
Your process begins with an in-depth introductory assessment, where we'll dive deep into your current compensation practices, pinpointing areas for improvement and opportunities for evolution. From there, we'll guide you through three essential phases:
- Foundational Compensation Cultivation: Lay the groundwork for success by establishing clear objectives, defining key performance metrics, and aligning compensation incentives with business goals.
- Compensation Build Out: Dive into the nuts and bolts through use of our implementation tools to craft your new pay plan, create clarity and communicate changes effectively to your team.
- Compensation Presentation: Fine-tune your compensation ecosystem for maximum effectiveness, then pull it all together with stunning templates for a polished compensation presentation that your team will connect to. Leverage your completed package in your recruitment, hiring and onboarding processes.
We also include our Pay Plan Conversion Method, a proprietary framework designed to instill confidence and lay the foundation to transition from your current pay methods to your new, optimized compensation system seamlessly.
This targeted, one-on-one, private coaching package is your opportunity to tap into Nikki's expertise and guidance to develop one of the most important systems in your salon!
Don't settle for a one-size-fits-all approach to compensation. Take control of your salon's destiny with the "Compensation Ecosystem Blueprint" coaching package and unlock the potential for sustainable growth and profitability.
