by Jim Schleckser | Apr 13, 2021 | Bonuses, Compensation, Culture, Leadership
People aren’t after maximum pay–they’re after felt fair compensation. Despite what you might hear, compensation is not the primary motivator for most people. Sure, as I have written about before, some people are what I call...
by Jim Schleckser | Mar 23, 2021 | Bonuses, Leadership, Talent
Don’t miss the opportunity to motivate your team by sharing how to win that bonus. Historically, many leaders choose not to disclose the details of their bonus plan. We can all understand the desire not to make a commitment we might not be able to fulfill. It is...
by Jim Schleckser | Jun 1, 2020 | Bonuses
Some people base their decisions on gut instinct alone; others only use data. There’s a better way. There’s a battle that occurs every day in boardrooms across the country over a single question: Which is mightier, the gut or the spreadsheet? What I mean...
by Jim Schleckser | Apr 14, 2020 | Bonuses
Plenty of businesses show record profits and are also facing bankruptcy. How could that happen? They ignored the golden rule of business. A friend of mine recently started his own business. As a first-time entrepreneur, he asked me if I had any business advice for...
by Jim Schleckser | Dec 5, 2018 | Bonuses
It’s a Great Way to Align and Reward Your Team One of the most common questions I get asked by business leaders is: How do I create a profit-sharing or bonus plan? In fact, one CEO, a client of mine, recently posed this very question to me. The business was...
by Jim Schleckser | Jun 5, 2018 | Bonuses, Delegation
This article is excerpted from the book Great CEOs Are Lazy (Inc. Original Imprint, 2016) A lot of the mediocre and hardworking CEOs we have run into over the years are exceptionally good at what we call “peanut buttering.” When it comes to allocating...
