Why Contractors Can't Find Good Employees

https://www.foundationacs.com Is it really impossible to find good employees, or are contractors rewarding the wrong behavior? In this episode, I’m talking about the Cobra Effect and what it can teach us about building a better team. If you pay someone hourly, what are you technically rewarding? Hours. But what do you actually want? Quality work, efficiency, happy customers, five-star service, and results. Those aren’t necessarily the same thing. I break down why I believe there are still great employees out there, how one contractor I work with has built high-performing teams, and why paying more for the results you actually want can completely change the type of people you attract. Don’t reward the wrong thing and then get frustrated when you keep getting more of it. Timestamps 00:00 What is the Cobra Effect? 01:11 How people started gaming the system 02:45 What the Cobra Effect teaches us 03:22 Can contractors still find good employees? 04:24 What are you actually rewarding? 05:50 Why paying for hours can create the wrong result 06:47 Define the result you actually want 08:01 Building a high-performance team 08:57 Why top employees want to work for this contractor 10:16 Reward the desired result Question for the comments: What results do you reward on your team, and how do you reward them?