P4P (Pay for Performance): Why Hourly Is a Failing Formula

By: Mike Andes

Narrated by: Mike Andes

Length: 4 hrs and 34 mins

Publisher's summary

It has never been harder to find good employees. Government handouts and programs, publicly traded behemoths with an insatiable appetite for front-line staff, and a burgeoning gig-economy has made hiring extremely hard for small business owners. The golden question is how do we attract good talent and then retain them long-term? How do I determine rates of compensation for my highest performers that are always demanding raises? How do I scale my business without having to constantly micro-manage my Team when they are in the field working?

The answer is Pay-For-Performance (P4P).

I know the frustration of growing a home service business and trying to motivate your workforce while balancing the budget with rising costs of doing business. P4P allowed me to grow my lawn care business past seven-figures in annual revenue and now we have dozens of locations around North America. In a sentence, P4P pays employees a percentage of the labor revenue they earn for the business. It is that simple. The rest of the P4P system ensures that quality standards are upheld and that employees don’t speed through work or damage customer property. If you are tired of babysitting employees, tired of offering low-paying, dead-end jobs, tired of seeing employees waste time, money, and their own potential, I encourage you to diligently implement P4P and see it transform your business.

What's Inside:

This manual is your key to success, and the future to the labor industry as we know it. Inside you'll find the tools need to implement P4P successfully in your business. From bringing up the idea to pushing it beyond a simple pay structure, P4P Why Hourly Is A Failing Formula will revolutionize how you do business.

• Why Pay per Hour Is a Broken System
• The Cultural and Financial Issues Caused by Paying Employees on an Hourly Basis
• How to Tell Your Team: Step-by-Step Implementation of P4P
• Opening the Books and Showing Your Team the Business Numbers
• How to Use Profit Sharing to Motivate Your Team
• How to Calculate P4P in Under One Minute Per Day: Complete Payroll Breakdown Examples
• Educational Guide
• Reference Material

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2021 Mike Andes (P)2021 Mike Andes

Love this topic and book

Mike really jumps into this topic and spreads awesome knowledge. I’ve been wanting to add the system into my business for quite some time and I am finally able to do it

A Must Read!

For the entrepreneur who understands the true value of a good employee this will blow your mind. Mike does a phenomenal job in explaining P4P. This method of compensating employees will definitely make an impact on your bottom line as well as on the lives of your team.

Landscape Summit 2022 Drive Home

Once I started listening I couldn't turn it off, thank you to you and crew.

Mike is Jesus

This book is like Jesus preaching to his disciples. Or the Gettysburg Address. Just what this industry needed to hear right now.

Great Read

Highly recommend this book to any business owner. It will change your life as a owner.

Brilliant!

Great information presented with energy and passion. I hope this spreads to more industries, and I can't wait to use it in my business. Thank you!

Really fleshed out well with great ideas

I have used systems of p4p before, but just didn’t have it as fully thought out as Mike does. Making the changes now and looking forward to the results.

Must read book!

good listening

very nice listen to a different approach on building a business that everyone buys into. like mike said in this book it's not easy to start p4p but once it's going it can definitely have very positive results.

Book effectively lays out the P4P system

It was nice reading a book that describes in detail the P4P system of pay and profit-sharing. I’ve recently started implementing Mike’s pay for performance system in my business and it’s a game changer.

Very helpful info

Not surprised by Mike’s new book. He continues to provide valuable information. This time not just landscapers, but the world will benefit from this book. It has changed my company!