“Again, keep in mind, Sean, you need to pay how your business works, not how it's convenient for them. They would love to get paid every day. You actually set up the rules. You're the employer and you set up how your company is running, not how they want to get paid.”
quote is from the automated transcript, cleaned for reading:
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More from Pavel Stepanov
AssertionContradicted
Stepanov: Direct foreign hires cannot be written off on US taxes
“If you're hiring somebody directly in another country, the money you pay them, you would not be able to write it off on taxes. So this person would have no status because there's no provision in the U.S. For you to write off foreign employees or foreign contra…”
Pavel StepanovDec 14, 2021▶ 10:28600 Employees Later, He Still Creates Roles for the Right Person
Insight
Stepanov: Performance bonuses should only be used for sales roles
“Only for sales positions where actually bonus is tied to the specific performance of the sales. It's hard to tie bonus to any like admin work, something that it's not sales specific because you can throw money at a problem, but it's not going to fix the proble…”
Pavel StepanovDec 14, 2021▶ 18:58600 Employees Later, He Still Creates Roles for the Right Person
Insight
Stepanov: Virtual assistant failure is the founder's fault, not the assistant's
“Your virtual assistant is a reflection of your business, of how you are running the company. If you think your virtual assistant sucks after working with you for a certain number of years, you need to look at your business model. You need to look at your organ…”
Pavel StepanovDec 14, 2021▶ 23:33600 Employees Later, He Still Creates Roles for the Right Person
Insight
Stepanov: Creating bespoke organizational roles for exceptional candidates is generally correct
“Sometimes we've been creating positions just for the right person. Right person comes along. We like him. We want to hire this person. We want him to be part of a team. We create the position for him. And guess what? Most of the time, it's actually right decis…”
Pavel StepanovDec 14, 2021▶ 24:04600 Employees Later, He Still Creates Roles for the Right Person
Opinion
Stepanov: Direct contracts with offshore workers are likely unenforceable
“You need to speak with a lawyer to discuss about enforceability. I have some doubts about that, but my hunch, you won't be able to, if it's somebody in another country.”
Pavel StepanovDec 14, 2021▶ 11:11600 Employees Later, He Still Creates Roles for the Right Person
Insight
Stepanov explicitly prohibits salary advances and personal loans in offshore contracts
“I would actually write it out in a contract that your pay is only going to be conditioned on those terms. I would actually prescribe Describe in the contract that there's not going to be any advances paid out or any loans given. It's against your company polic…”
Pavel StepanovDec 14, 2021▶ 12:50600 Employees Later, He Still Creates Roles for the Right Person
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