One of the most common things employees do is say is a some type of variation of , "If I were boss for the day". They usually will go into their ideal scenario of how things should be at work, whether it be their job duties, pay, benefits, or a decision that someone higher up made positive or negative. I've done it before, and listened as other have.
Now, as being a business owner of conversionsforsale.com, and anticipating bringing on employees very soon. I think of that same statement, I've heard many times when I was an employee. I have to say that there's a switch that happens when you go from being an employee, to a business owner/potential employer. You look at things differently, and you now have an awesome responsibility to have others livelihoods dependent on you. You have a clean slate to work with, and you can do anything you want with it. When I think about the fact that I'm going to be the boss. What things am I going to do that I believe are important to an employee. As the leader of the business, for your employees, everything reflects directly back on you! Particularly in a small business, it's easy to see how things get mucked up in large corporations. Knowing, that my choices/decisions are reflecting back to me. I have to first look at me, and really look at who I am. I am a genuine person who cares about people, and I refuse to stay on the surface. Everyone has things unique about them, and I want to know those things. I've worked for superficial bosses/companies before, and it's a miserable place to work. I'm not that guy! So, here's what I've come up with for being the boss:
The most important thing to me as a owner, is I absolutely REFUSE to have my employees being the "working poor"! It's not gonna happen! I will not allow it to happen!
I was offered health insurance at one of my employers. Family plan monthly premium that I had to pay, $900. Yeah, that's rent, and utilities money! I will pay all my employees premiums for health insurance, again my commitment to not having employees being the working poor. In addition, I will put additional money into an account to pay their co-pays for visits/prescriptions. That's for anyone covered under their plan.
Screw this work for a year, get a year vacation stuff. Employees get a week vacation after six months, and a second week at their one year anniversary.
Minimum pay: The least amount of pay that I will pay any employee, is $35k per year. In addition, every employee is eligible for bonuses.
Grant Cardone said in a seminar, "It's not a job, it's your life!" That statement resonates with me.