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. Team-Based Pay Webinar: "Why I Switched to Team-Based Pay"- Recording Download During this in-depth 72-minute presentation, you will hear from Strategies' founder and CEO, Neil Ducoff, and three guest salon/spa owners that chose to convert their businesses to the Team-Based Pay system. Each owner will share, in their own words, why they embraced Team-Based Pay, what their conversion was like, how staff reacted … and what life has been like on the new system.
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. Click here for upcoming dates.