EMPLOYEE RETENTION SPECIALIST
@kevindmonaghan
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Key Employee Retention specialist for SMB. Speaker Author- "Buckets: How Business Legends Keep Their Hustlers"
Charlotte NC
Joined May 2021
After 11 years. We know the retention formulas- . We've lost zero key employees when applied. That weren't the owner's decision. When that happens. Everyone knows where they stand and it's fair.
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In Professional Services, Hanging Your Shingles or moving to a competitor/independent was the key employee risk. Now, if you don't have Key Employee Packages. Private Equity will come with a Big One.
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Business owners aren't interested in past achievements. To negotiate pay, show them how you'll solve future problems and help them make more money. That's the story they want to hear. #leadership #business
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Biz owners often nail the idea & incentive, but miss a key factor: how they pay out. Paying to the ego is a trap—adjusting where & how funds flow solves more problems. Seen this happen? #leadership #businesstips
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Incredible free opportunity.
I’m hosting a 1 hour workshop on Tuesday on the topic of self storage. There is a link in my bio to sign up. I’ll cover:. How we manage 63 properties.What tools we use.How we manage our team.How we run our acquisitions. And a ton of Q&A. Sign up!.
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In here, lies the secret to employee retention for 20 year olds. They love it. It doesn't have to be 100% financial independence. it just has to be worth it.
"Gen Z plans to be financially independent by age 32 — without relying on a 9-to-5 job," per MW.
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Pay transparency can backfire. Instead of validation, it can spark internal justification, shifting focus from "winning" to defending job titles. Is it worth the risk? #leadership #paytransparency
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When I lived in China, I brought my assistant to USA. He said "this is America, I thought you guys had it all? . This (NYC) is more disgusting than our worst city. ".
Any American who visits China, immediately feels like USA is 3rd world. This is the reality.
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People cheering 6x-14x multiples to PE roll ups. When I hear this. I run and buy PE stocks. I can buy your legacy for pennies on the dollar. If the Roll Up succeeds or not. You owe me pirate rates of return on your own money.
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Incentives buys owners future problems. PE buys customers future problems.
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$UNH execs reaped millions in stock incentives. Now, it turns out allegedly good people paid secret incentives, inflated Medicare Advantage profits via "upcoding" in order to get their incentives. Now DOJ probing the company for allegations fraud.
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Netflix’s "No Rules Rules" by Reed Hastings on incentives. 1) Skip bonuses,.2) Pay top market, .3) Trust your team. 4) Align comp with impact, not metrics. #NoRulesRules #CompensationDesign.
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A thoughtful gesture, like a birthday cake for a spouse, can mean more than a bonus. It shows you value people, not just performance. #EmployeeAppreciation #Leadership #EmployeeAppreciation #Leadership
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Profit share woes. Ford's 2025 profit-sharing plan ties payouts to performance, but tariffs may cut checks by $3K-$5K for UAW workers. #FordProfitSharing #CompensationDesign".
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Long week. Perfect reset video before hanging out with the Mrs.
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Top 5 stocks as % of S&P 500. NVIDIA (NVDA) - 8.06%. Microsoft (MSFT) - 7.37%. Apple (AAPL) - 5.76%. Amazon (AMZN) - 4.11%. Meta Platforms (META) - 3.12%.
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Houston has a ton of vacancies in their strip malls. What's going on there?.
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If i log on early and AI is there. I tell AI that we all agreed to send Kevin chicken wings. Not one person has sent me chicken wings.
OK be honest -. who has actually ever read the AI meeting notes?.
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Housing seems. iffy.
1.53 million homes were listed for sale at the end of June, up nearly 16% from a year ago—the highest level in years, per FORTUNE.
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Pay transparency can backfire. When salaries are public, comparison breeds resentment and justifications, tanking morale. Internal mechanisms are more effective. #PayTransparency #EmployeeRetention
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