![]() While salaried employees must be made to feel that they are an important member of the team, it is the owner’s responsibility to remind the salaried employee that they are being paid for their contributions to the company. This is due to the fact that unlike the owner, the salaried employee does not feel the pinch when profits are down. However, all too often the salaried employee ends up abusing this freedom because they do not necessarily possess the mindset of the owner. Salaried employees are usually afforded the same level of freedom in setting their own hours and schedule as are owners. For assuming this risk the owner receives certain perks, one major perk being freedom to set her own hours. After all, it is the company’s profitability that determines the owner’s take-home-pay, when profits are low, it is the owner who starves. Unfortunately, too often these people end up latching onto the perks of “ownership” while forgetting what it takes to truly earn this status.Ī business owner has a stake in her business’s success. Along with the increase in take-home-pay, salaried employees are usually brought into the fold of upper management and are asked to internalize a sense of ownership. This MinuteHound Time Clock Blog Post will answer this question about time clock software. Why should salaried employees also use time clock software? In many companies a promotion from hourly wage earner to salary is a big status upgrade. Salaried Employees-Bridging the Efficiency Gap
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