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