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Benjamin Loh explains strategies to target and communicate with millennials when you want to recruit.
Is the best person for the team someone exactly like you or just someone who believes in the business? In this episode, MDRT members share their insights on staffing.<br><br> You'll hear from:<br> Nguyen Le<br> Crawford McGill, CFP, AAMS<br> Renato Alarcon<br><br> If you'd like to subscribe, find us on iTunes at MDRT Podcast. <br><br> The Million Dollar Round Table® (MDRT) does not guarantee the accuracy of tax and legal information and is not liable for errors or omissions. You are urged to check with tax and legal professionals in your state, province or country. The MDRT also suggests you consult local insurance and security regulations and compliance departments, pertaining to the use of any new sales material with clients. Copyright 2016 Million Dollar Round Table.
If you're doing everything yourself, it's probably time to look into adding staff.
An industry staffing coach, Farasati will lead a lively discussion focused on four staffing challenges: 1. Who do I hire next: an operations person or associate advisor? 2. How do I design a simple bonus plan? 3. How do I get an employee with a performance issue back on track? 4. How do I develop, compensate and retain a protégé? Farasati will share her most effective tools and provide on-the-spot coaching for your staffing questions. Participants will leave with simple templates and confidence to deal with their staffing opportunities.
Skills can be learned, but behavior and attitudes are shaped over a lifetime. Those can't be changed. Focus on hiring for attitude.
<p style="font-size: 1.05rem; letter-spacing: -0.02em; color: #000000; font-weight: 600;">Hire the right staff, nominate clients for awards and hosting casual dinners.</p>
Use a solid game plan to achieve a more productive workplace.
Pay attention to the right fit between potential employees and their job duties.
From ditching ties to more frequent feedback, it's possible to create a culture shift.
Valuing culture as much as compensation, advisors seek non-monetary approaches to engaging staff.
Coaching vs. micromanaging to bring out the best in staff
How do I develop, compensate and retain a protégé?
Farasati offers step-by-step instructions to design a simple bonus plan to motivate employees.
Strategies for success in a family business, and for guiding clients who are in a family business.
How encouraging employee input can boost your bottom line
Shay sees the benefit of hiring younger advisors to meet with millennial clients.
