Team-Based Pay — A better compensation system for salons, spas & medspas
At Strategies, we believe that the way you pay can affect everything from bottom-line profits to customer loyalty. We believe that Team-Based Pay is the only way to ensure that your team is working together with shared goals that all lead to extraordinary customer satisfaction in your salon, spa or medspa business.
In order to design a high-performance pay program, you must allow your thinking to go completely outside the box because, when it comes to compensation, historical practices and old belief systems will surely get in the way.
A compensation system functions like any other business system. The problem for many owners is that they expect and desire results that their chosen method of compensation simply cannot deliver. It all comes down to one simple reality: If you want team, you have to "team" pay.
Team-Based Pay is more than just a compensation program. It's a proven business model that has helped thousands of salons and spas reach financial and cultural stability, while offering amazing career growth for their employees, which means lower turnover and maximum customer service.
The signs that it's time for your business to make major changes:
A less-than-motivated staff
No clear growth direction
Marginal client retention
There are a lot of myths about team-based pay. Get the facts before you decide whether it’s for you. You owe it to your business to get the truth. Start by downloading Neil Ducoff’s Team-Based Pay White Paper and Webinar. Team-Based Pay White Paper Report- .pdf Download Written by Strategies' Founder & CEO Neil Ducoff — the creator of Team-Based Pay, this White Paper provides comprehensive explanation of how the system works, its benefit to your business and your clients, as well as personal stories from salon and spa owners who currently use the Team-Based Pay structure. The changes in their businesses are astounding.
Ready to implement Team-Based Pay in your business? Strategies pioneered the Team-Based Pay concept in the professional beauty industry. If you're serious about implementing Team-Based Pay in your business, we highly suggest you attend the four-day Incubator Seminar — the only seminar the teaches the program top to bottom, or Strategies' Team-Based Pay Conference.