Close
Management Practices

Funding Advanced Education

July 10, 2011 | 5:11 PM

How important is advanced education in your salon? Is it important enough for you to foot the bill? Take a look at how these three salons fund their funds…

Funding Advanced Education
MARY RANDOLPH
Co-owner of Randolph’s Salon
(randolphssalon.com) in Waterford, MI

TAMARA BENNETT
Co-owner of HQ Salons Apa
(hqsalonspa.com) in Westlake, OH
Funding Advanced Education
GEORGE TSINOKAS
Co-owner of Valentino’s Grande Salon
(valentinos.ca) in Whitby, Ontario

Do you have an education fund for advanced education opportunities?
Mary: Yes, employees are given an education allowance annually. The exact amount varies according to their level.
Tamara: Yes, $6,000 per year per salon.
George: Yes, we have an education fund.

How does the salon fund the fund?
Mary: Education is budgeted in, and is just as important as any other expense.
Tamara: It is part of our HQ benefit program.
George: We fund advanced education through our retail sales.

What can the money be used for?
Mary: Primarily tuition, but upon approval, travel expenses may be covered. Also, we only cover a percentage of the costs of outside education. We feel that a financial commitment by the stylist gives them ownership of their professional growth.
How do you distribute the fund?
Tamara: Approved classes, seminars and workshop tickets.
George: Tuition, travel and hotel.

How do you distribute the fund?
Mary: On an annual basis we take time to re-visit each employee’s personal and professional goals for the year. We explore how to best utilize their education dollars to maximize their growth. A stylist new to the floor could benefit from a weekend of hands-on technical training at a local venue, while a high-level stylist might be encouraged to attend class in NYC.

Tamara: Stylists and spa service providers receive an educational calendar with their paychecks twice a year. Stylists and spa technicians make a “wish list” of the classes they would like to attend in the order of their first choice, second choice and so forth. Classes are submitted along with a description of why they would like to attend and how they feel the information will help their growth in the salon spa environment.

George: It’s based on their retail sales performance. For example, if they average .5 products per client annually or more, they receive a fully paid trip. If they are short of their goal, they would have to pay a portion of the cost. Any of our staff that averages one product per client receives two paid events.

Roughly, how much is available per employee?
Mary: $300
Tamara: Educational requests are viewed on a first-come-first-serve basis, and approvals are basted on a number of factors.
George: Between $1,400 and 2,500

Facebook Comments

More from Management Practices

Management Practices
Management Practices

The Experiential Power of Beauty

October 25, 2017

In an effort to continue attracting a young, fashion-forward shopper and drive overall store traffic, JCPenney reinvents its salon concept with The Salon by InStyle while also rolling out Sephora inside JCPenney. Natalie Lockhart, vice president of salon at JCPenney tells us how this strategy is working out.

How to Fire a Stylist, and Advice on How to Avoid It

August 24, 2017

At Serious Business in January, a panel of four owners of multiple salons spoke to the audience about the power of will and how it has affected their careers. As successful salon owners, Van Council, David Wagner, Debra Penzone and Eveline Charles employ hundreds of stylists and support staff. They have seen it all, and offered the audience valuable advice on hiring a staff that will build up your business’s culture.

Management Practices
Management Practices

Six Things You Need to Know About Salon Lighting

Michele Pelafas | August 16, 2017

When it comes to salon design, the appropriate lighting is one of the most critical design factors and it can impact how your clients feel about your services and your salon. With this helpful blog, Salon Designer Michele Pelafas offers six valuable pointers when it comes to selecting and positioning your lighting.

Load More