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How to Update Employee Compensation Agreements

The preliminary results of our recent Global Workplace Wellness Survey suggest improving staff retention and reducing burnout are among the main reasons spas implement workplace wellness initiatives.

It is therefore critical your Employee Compensation Agreements offer relevant benefits encouraging wellness in the workplace, and if not, you may quickly and easily update your agreements now, particularly given there is a lot of turnover this time of year.

Our Spa and Salon Employee Compensation Manual, aims to help you attract great team members, keep employees incentivised to consistently perform well for the business and to stay as long as possible to maximise employee investment. It provides a variety of information owners and managers need to develop relevant compensation agreements.

Obviously, the pay amount is a big incentive in taking a job and/or deciding to continue with an employer, however other benefits relating to workplace wellness also play a part in keeping employees happy, including:

  • Flexible leave options
  • Health screenings
  • Encouragement to take eligible leave
  • Recognition and appreciation initiatives
  • Budget allocation for wellness programs
  • Funded courses, seminars or conferences for employee's professional development

The Manual includes a Compensation Structure Template which makes it easy for owners and managers to quickly replicate and customise compensation packages for new employees, whilst providing a format to efficiently update existing employees' agreements on an annual or as required basis.

The Compensation Manual is also available in the following Packages, saving you an additional 10% off the standard or the exclusive subscriber-discounted prices:

 

I have always found Intelligent Spas' Manuals indeed relevant to spa operations, practical, very useful and helpful. I highly recommend them. Thanks for your great work Julie.

Farida Brouwer, Founder and Managing Director, Salamander Lifestyle Consulting

 

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