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We paid out about $ 1,500 in profit sharing to each employee this year. It was a year end deal, clearly labeled as profit sharing as the employees went the extra mile.
We actually paid out more as there was probably another $ 300 per employee in cash bonus's I handed out at various, random times.
I will be going to a straight production bonus program next year, the one I used in COMPASS operations. I expect those payouts to at least double, but they will also make me a pile of money in the process, as we are going to attempt to grow about 100% in the next year.
You have to pay based upon the companies ability to pay based upon the successful execution of a consistent string of profitable jobs and operational efficiencies. Nothing else makes any sense.
The company has to be taken care of first, net profits protected and preserved, minimal unbillable times and sustainable growth.
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Dale Wiley - Owner / Project Manager
Western Sports Turf
Landscape Specialty Services
Wetland Restoration Nursery
Forest Grove, OR
503-357-7202 - Phone
503-359-9294 - Fax
Semper Fi
You know that on Judgement Day, all the gold and silver is gonna melt away ...
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