How Much to Pay?

A small business can offer an employee many things that the larger companies don't bother with. A key employee should know that they are important by more than just their salary or paycheck. You may want to pay them more than they can get elsewhere but can the company really afford it? Combine a good pay level with enhanced job security to make them comfortable in good and slow times. Your best employees will always be getting offers to change companies.

It's better to pay a good fair wage than to lay off and rehire people in the ups and downs on most business cycles. paying people faily and offering some job security is the key to keeping them content and productive. There are many internet sites where you can find salary levels for specific jobs based on location. If you pay just slightly above average it should be enough to keep employees happy. And of course happy and content employees are the ones who will help you grow your business.