Drive Excellence with Performance-Based Pay: Part 1

Does it feel like you're paying for hours worked rather than results delivered?

Implementing a pay structure based on merit doesn’t just change compensation structure, it changes your culture. You inspire your team to take ownership, perform at a higher level, and align their goals with the mission of your business. Performance-based pay isn’t about going all-in on commission or locking into a salary, it’s a balanced system designed to reward efficient and quality work. 

In this week’s episode, Weldon Long and Gary Elekes break down what it takes to implement performance-based pay the right way. This pay structure requires solid operational processes, fair benchmarks, and alignment across your team. With the right systems and support in place, performance-based pay turns speed and quality into a competitive edge that helps everyone be more successful!

All that and more on the latest episode of Cracking the Code! Streaming now, free for everyone, through May 29: MyContractorUniversity.com/CBS-Show.