I am considering opening a fast casual food franchise, and I am thinking about ways to stand out as an employer to attract the best employees, and looking for feedback.
Profit-sharing – something along the lines of standard hourly rates ($12-15 in my area) plus 25 to 50% of net profit back to workers, depending time at the job, and hitting specific revenue targets. This would be $2-7/hr extra depending on A LOT of things.
Professional Development – For those who are passionate about the service industry, providing at path to management, and then opening your own franchise/restaurant. This would include me as a financial partner in your new restaurant.
Would this excite you?
Any other ideas on how things could be different?