12.16.2007

Minimum Wage, Maximum Results

The great challenge as an entrepreneur is to maximize your dollar and stretch it as far as it can possibly go. Most of all, you want to get the best workers for as little as you can. Robert K. McIntosh's book, Minimum Wage, Maximum Results discusses this dynamic and offers readers tips on how to manage their minimum wage workforce:

At the root of having an effective workforce is understanding what motivates them. If a worker is only getting paid minimum wage, employers will certainly have to find other means of inspiring him to work at his peak. McIntosh calls this the "hot button concept."

As an entrepreneur, you must determine early on in the game just what you're playing for. What are your goals? What are your expectations? And, how can you communicate your expectations clearly to your workforce?

The ancient chinese art of architectural placement, also known as feng shui, is the arrangement of space to achieve harmony with the environment. The ancient chinese understood the importance of the physical space in acheiving spiritual and emotional balance in one's life. the same is true in the office space. The employer who takes the time to create a positive environment, creates an environment where employees want to excel.

And most importantly, good performance should be rewarded. This is not to say that workers should be given rewards for every little task completed satisfactorily, rather, reinforce desirable behavior by using both tangible (money, bonuses, and prizes) and intangible (congratulations and praise) rewards to encourage behavior.

There are 101 more exciting ways to help your business cut costs. Interested in learning more? Please email us at betterbizservices@yahoo.com or visit the website at http://www.betterbizservices.com/ to review our list of services.

Happy Holidays!!