A highlight from Christmas Do's, Bonuses and F-Bombs with Dr. Gia Wiggins

Cheers To Business
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Automatic TRANSCRIPT

It's important that when you provide bonuses and trying to break people out of the cycle of we're just gonna sit in the room the executive management team and we're going to decide you know what everyone should get. Do not do that if you're doing performance reviews and you've got your hand on people's performance purposely in your heart assault what you're going to give at the beginning of the year and then if they need those goals then this is what the bonus should be. This is the performance based on how the company is doing and how that person wasn't individual contributor but to wait till the end of the year. It is a recipe for discrimination. It is a recipe for unfair treatment. Just make the decision. I'm going to give them three percent or five percent of their annual salary. If they meet these goals if they don't meet them you know maybe you prorate it down a little bit lower or you don't give it all but if you are giving additional money at the end of the year without it being connected to performance you are missing a phenomenal opportunity to make sure that you gave very performance. You're losing it. Hey everybody welcome to the show today. Dr geo wiggins back with us and we're gonna talk about some holidays. Do's and don'ts more dues because we all have enough don'ts in our lives right now plus and thank. You need to think about before the end of the year for your business. Hey i'm karen i'm a former. Cpa entrepreneur business with big ideas. Welcome to tears to business. So pleased to have dr jia wiggins back on the show. She has a phd in business administration and in the best hr person. I've ever met in my life. That is the sweetest thing i've ever heard this week. Get with a bad reputation. Be sincerely thank you for coming on the show. Today is my absolute pleasure as always so we were going to plan on talking about holiday. Do's and don'ts and so. I went back and listened to episode fifteen of cheers to business and it was katie. And i and we did holiday. Do's and don'ts and we pretty much took an article off the internet and just tore to pieces. Basically about do's and don'ts what are some good holiday dues. Well i've got a lot of holiday. Dues for businesses. And you know. I think that are good. You know in general you know right now. My focus is gratitude. It's all that. I've spent a lot of time Just being really thankful and reflecting over two thousand and twenty and all of the fun things that have happened and not so fun things that have happened. And what was the most important thing to me so right now you know when i focus on gratitude of course grateful for clients. I'm grateful for great friendships and alliances. I'm grateful for you. Of course you know that. Tell you that all the time just to call me sweet. I very grateful for you. But i'm also grateful for the lessons that we've learned in two thousand and twenty. I'm grateful that businesses have learned how the pivot in two thousand and twenty and how to deal with things that they've ignored for meany save learn how to pandemic proof their businesses and i can't help but to truly believe that the ability to work through some of those things to bring innovation in their preparing them for what's to come twenty twenty one twenty twenty two and i think the businesses are going to be stronger as a result as we lead thousand and twenty whatever the heck is banned by by no see. I don't wanna do that because my name's karen and my sister's name is katrina and we've had so much fun with our names all over the internet so yeah thank you very much to all you people. So by no person no-name person You actually did the first covid show with me when the pandemic hit you did and you know what we talked about on that show. I bring up. All the time is found a way to reinvent found a different need. Sorry and i am grateful that it forced as painful as it was short term pain long-term game but people have either that or they went out of business they either were forced into doing things differently and it was at the time but is probably a good thing in the long term. Yeah i think so too. I think so too.

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