Contractor University’s Cracking the Code: Drive Excellence with Performance-Based Pay: Part 1

Discover how implementing performance-based pay can transform your business culture and drive higher performance. Join Weldon Long and Gary Elekes in this episode of 'Cracking the Code' for expert insights.
May 23, 2025

Does it feel like you're paying for hours worked rather than results delivered?

Implementing a pay structure based on merit doesn’t just change the compensation structure, it changes your culture. You inspire your team to take ownership, perform at a higher level, and align their goals with the mission of your business. Performance-based pay isn’t about going all-in on commission or locking into a salary, it’s a balanced system designed to reward efficient and quality work.

In this week’s episode, Weldon Long and Gary Elekes break down what it takes to implement performance-based pay the right way. This pay structure requires solid operational processes, fair benchmarks, and alignment across your team. With the right systems and support in place, performance-based pay turns speed and quality into a competitive edge that helps everyone be more successful!

All that and more on the latest episode of “Cracking the Code!” Streaming now, free for everyone, through May 29: MyContractorUniversity.com/CBS-Show.

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