Your business is growing and it’s clear you’ll need to hire another employee or two by next spring.
Have the wages you’re offering kept up with what people expect? Or are you unwittingly paying a lot more than the market rate?
Knowing the appropriate pay rate for the people whose jobs are at the core of your business — truck drivers, septic pumpers, even the clerical staff who answer the phone, keep the books, and send out the bills — can be a significant challenge.
So how do you set pay rates? There are ways to arrive at the right answer
