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Dave Ramsey's Entreleadership: Ask Dave

Dear Dave,

My father is one-third owner in our family business. He isn’t involved with the company anymore, but he still insists on taking a salary. I’ve become a little bitter over the situation, and I was wondering if you think there’s a solution or if I should just get over it. -Tracy

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Blog Globe

Entreleadership: Your raise is effective when you are

Tuesday, October 6, 2015

Raises are almost as much fun to give as they are to receive. Even after 20-plus years of running my own business, I love how a team member’s face will light up when they hear that they’re appreciated — and that appreciation is being shown through an increase in pay.

At my company, we don’t give out raises based on longevity. Just because you’ve been breathing air in the same building for 365 days doesn’t qualify you as raise-worthy in my book. But if you’ve brought value to the company, if you’ve made us money and shown yourself to be a valuable contributor — one who goes out, kills it and drags it home every day — you bet you’re going to be rewarded.

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about our flagship products and services.  The Planning for Profit Workshop is ideal for the contractor who needs a comprehensive review of their business.  Labor Pricing for Profit Software is our premier resource for determining labor pricing.  Team Solutions Assessments are key to building a successful work environment.  Profit University Audio Series is a must have tool to continue learning how to improve your business.

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