Above-Market Pay Only Works With Above-Market Standards
Paying more than your competitors is a legitimate strategy. It only works if something is being measured on the other side of it. How to build a pay scale that buys you skill instead of expectation.
Labor as a Percentage of Revenue
Hourly wages tell you almost nothing about whether you can afford your team. How to calculate labor as a percentage of revenue, what to include and why fixed salaries can make a growing business insolvent.