Main Street businesses are still facing the realities of this recession. Lower consumer and business spending is killing P&L statements. Many business owners, facing lower revenue, still remain straddled with high labor cots and other overhead.
Most business owners have decided to reduce their overall costs by laying-off employees. However, doing so can have additional adverse effect on the business. Added burdens to retained employees, reduced or canceled customer support or even reduced productivity as job stability fear rise – all of which can lead to further declines in revenue. Continue reading ‘Pay-For-Performance’ »