Performance-based pay lets high-achieving painters earn beyond a salary cap, rewarding work ethic and skill. The risk: faster work can mean cut corners and lower quality. You need systems to keep standards high while incentivizing speed.
I really like the idea of performance pay because it empowers your employees. Sometimes employees, especially those employees who are kind of Type A and always trying to, you know, high achieve, they feel like there's a little bit of a ceiling, right? I mean, they're earning their pay. It's hard for them to break through that ceiling. But by offering them this performance pay, it gives them a pathway to showing their work ethic and their skill and being rewarded for that. So I really like that aspect of it. I think the big concern that most people are going to have is Well, if I motivate my guys to get the job done faster, are they going to cut corners? Is the quality going to suffer? Have I incentivized them to do a bad job for the sake of speed? It's a valid concern for sure. It's always a balance in the business is efficiency versus quality. You want to be efficient, but you also have to have high quality.
What’s REALLY Holding Your Painting Business Back? (Find Your Bottleneck in 5 Minutes)
