As a business owner hiring a new employee, do you consider what additional revenue this addition to the company will create. The increased revenue can come from actual sales from the new employee or it could be that this employee @ $12.00/hour (plus any potential benefits paid), frees up an owner or sales representative to go out and generate additional sales at a much higher hourly rate. Another example is where this $12.00/hour employee allows a manager, making a much higher wage and who is bogged down performing clerical tasks, to focus on tasks that will instead generate revenue or reduce costs for the company. Here is an example: An owner spends 2 hours on sales netting an average of $200 [...]
Jul 032008