|
You want your coaches to make a good living at your gym. But how can you pay them more without hurting your bottom line?
It's not about giving staff a bigger piece of the pie, Chris Cooper says. It's about baking a bigger pie.
Here's how to do it.
Links:
Two-Brain Coaching Two-Brain Programming Gym Management: The Case for Part-Time Coaches Intrapreneurialism 101 Go With Them
Timeline: 2:31 – You earn more money by creating more value for more people. 3:28 – Pay coaches more by helping them build their careers. 6:57 – The wrong way to pay coaches more. 7:33 – Figure out what you can afford to pay per class. 9:34 – What to do if that figure is too low. 11:42 – The ratios stay the same—so bake a bigger pie. 12:15 – Should coaches get paid the same amount?
|