Ep 14 - Ditch the Bonus - Towards Transparent Profit Distribution
Update: 2024-03-19
Description
Should you reward your employees with performance-based bonuses? Kate says…
No! The more equitable move is transparent profit distribution.
Kate explains why performance-based bonuses make a false connection between hard work and profit, can’t be accurately measured, and lack transparency. Her thesis is that profit distribution ties additional compensation to the collective success of a company. Everyone gets to enjoy a bit of what they create together.
Plus, she offers an inside look at how profit-sharing works at Wanderwell.
Learn more about Kate Tyson:
Learn more about John Gerber:
- Unlawyer
- Instagram: @un.lawyer
- Connect on LinkedIn
Featuring Music by Billy Dufala:
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