Smart Tips for Handling Employee Salaries

Salaries are a tough expense for most businesses.

Hands with $20 bills

You want to hold them down but reining them in too tightly doesn't always work well. Good employees can find work elsewhere and replacing them can cost a bundle. So, if you're in a spot where every salary dollar counts, here are eight ideas for getting the biggest bang for your buck.

Remember that most people work not only because they need to earn money, but because they take satisfaction from making a contribution.

You don't want to be condescending or phony. Be generous with encouragement and praise — it doesn't cost anything.Salaries are a tough expense for most businesses.

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