We’ve all heard of minimum wage, but what about a ‘living’ or ‘survival’ wage? Raising pay rates can be intimidating, but the Veterinary Survival show offers suggestions on how to find extra money for employees (hint: Profit Solver!), and most importantly WHY you need to be paying survival wages. Mark explores the MIT Living Wage Calculator, a tool that shows just how far the minimum wage rate falls short. Meanwhile, Jenni discusses the positive domino effect that will result in paying a survival rate– and you’ll be surprised to learn just how far these actions go! If your employees don’t feel that your hospital is THE BEST PLACE to work, then you can’t afford to miss this episode!
July 24, 2009