How to Create a Profitable Bonus Program | Part 1 скачать в хорошем качестве

How to Create a Profitable Bonus Program | Part 1

✅ Subscribe to The Winning Agency Newsletter: https://thewinningagency.beehiiv.com/... 🌟 What You'll Learn: In this first installment, we dive into the fundamentals of building an effective employee bonus program using the principles of the Great Game of Business. The speaker shares their journey of implementing gain share and profit-sharing strategies at their agency, detailing how these programs can align employees’ success with company profitability. Joining the discussion is Kevin Walter, a seasoned expert in open-book management, who has helped numerous businesses design sustainable and rewarding bonus plans. Kevin walks through: The key components of a gain share bonus program How to set profit thresholds to ensure financial security before payouts Different bonus structures, including salary-based and equal-share distributions The importance of quarterly vs. annual bonus payouts Real-world examples, including a memorable hospital bonus celebration This session sets the stage for a deep dive into bonus plan calculations, implementation strategies, and best practices in upcoming parts. Stay tuned for Part 2! #GreatGameOfBusiness #EmployeeBonusProgram #ProfitSharing #OpenBookManagement #BusinessGrowth