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Podcast: Lawyer Business Advantage
Episode: Can You Afford to Hire? with Ryan Kimler
Description:
In this episode, Alay and Ryan discuss:Â
How much do you pay new hires?Â
Profitable versus scalable when looking at new employee expenses and incomes.
Properly building cost centers into your business.Â
Specific guidelines and benchmarks for hiring different positions in your organization.
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Key Takeaways:Â
Look at what a competitive salary in your area for the position is as the base.Â
401(k), taxes, insurance, and other benefits are all part of the employee’s cost, not just their salary.
In your law firm’s expenditures, the overhead category is typically where you can return...