Our biggest savings of the year
The owner of The Boulder Stop believes very strongly that relationships should be forthright, work should be structured with enough room for creativity, and pay should be commensurate with the amount and quality of work completed. The company is young enough that the only manager that this philosophy applies to IS the President.
The President will assess the productivity of the two part-time employees every six months.
6.1 Organizational Structure
The Boulder Stop is not departmentalized. The owner, Luke Walsh, is also the President, CFO, and lead manager. The company makes all decisions in accordance with the company mission. Employees are given specific tasks based upon their creativity, knowledge, and social ability.
6.2 Management Team
Luke Walsh: Manager and founder.
Luke spent four years selling shoes and apparel for Nordstrom, Inc. He graduated from the University of Oregon in 1997 with a degree in Business Management. Luke’s success at Nordstrom, the University, and in building a network of close friends has hinged upon his “common sense” approach to solving ambiguous problems, his ability to identify strengths and weaknesses in the marketplace and exploit them, as well as his commitment to building strong relationships through trust, not politics. These skills, combined with formal business training make him an ideal community leader and business owner.
6.3 Personnel Plan
The personnel plan is included in the following table. It shows the owner’s salary followed by two part-time salaries for espresso servers/gear experts. Part-time employees will not be included in the profit-sharing program until they have worked with the company for twelve months. All PT employees will start at $8/hr.
|Year 1||Year 2||Year 3|
|Part-time Employee #1||$4,700||$4,935||$5,182|
|Part-time Employee #2||$4,700||$4,935||$5,182|