Vancouver’s Best Painters: Long Term Painting Employees

First, look at your long term employees.  Often, its these employees that become the biggest burden on a company trying to weather an economic storm.  Their painting salaries may have been ratched up and beyond their production value simply because they have been with you for a long time.  Letting some Vancouver painting contractors (employees) is a legitimate option, but has to be weighed against the possibility that they will become your competition.  In the paint trade…in the Vancouver area…that is a particularly difficult problem, as the workforce is fluid and its not hard to ex painting employees to set themselves up in the painting business.  Your best chance to get their salaries in line is to renegotiate the salary with non monetary compensations.  If you dont have a benefit plan, it might be time to renegotiate salaries and start one so you can play a reduction in rates against the increased security that a benefit package offers.  Can you split compensation between money and equity.  Your long term employees have seen you operate and like what they see.  They may be willing to invest in you.  Remember, there are great benefits to employees to remain employees with you during a recession, so keep in mind the bargaining power that the current slowdown gives you.

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