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SmallBizClub

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Home / Archives for Salary

Salary

Minimum Wage of $10 is Maximum Headache for Small Businesses

Apr 23, 2014 By Dawn Fotopulos

Raising the minimum wage to $10 or more per hour puts a tremendous burden on small businesses. They’re already hurting from decreased revenues as households reduce spending due to high unemployment.

Filed Under: Budgeting and Personal Finance Tagged With: Dawn Fotopulos, Employees, Government, Regulations, Salary

Should You Scrap Commission for Your Sales Team?

Mar 24, 2014 By SmallBizClub

Commission-based sales plans have long been standard in the sales industry. Many small business owners are reluctant to abandon them, believing the widely held opinion that salespeople are primarily motivated by money.

Filed Under: Budgeting and Personal Finance Tagged With: Payroll, Salary, Sales Activities, Sales Team, Simon Markland

Include Your Labor Value in Your Plan

Dec 16, 2013 By Dave Berkus

Investors love it when entrepreneurs draw little or no money from their startups. It extends the cash available for research and other necessary fixed costs and gives the fragile, young company more “runway” to get to breakeven.

Filed Under: Funding a Startup Tagged With: Dave Berkus, Investors and Lenders, Profits, Salary, Startups

How to Set Up Compensation and Benefits at a Startup

Jul 3, 2013 By Angela Cordle

Just because a small business can’t afford to offer its employees the same benefits package as a large corporation, doesn’t mean it can’t come up with creative ways to compensate when cash isn’t always available.

Filed Under: Human Resources Tagged With: Angela Cordle, Benefits, Cashflow, Compensatino and Benefits Package, Compensation, Creative, Employees, Human Resources, Managing Employees, Package, Positive Mindeset, Salary, Startup, Tax Effects

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