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#305: Build Win-Win Bonus Structures That Motivate without Overpaying

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Manage episode 477165316 series 3583206
Content provided by Melissa Shanahan. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Melissa Shanahan or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Is your law firm's incentive structure actually hurting your business instead of helping it? Many bonus systems are fundamentally broken—either paying out too much or making it impossible for team members to succeed.

In the second part of this deep dive into incentives and bonuses, Melissa walks you through how to calculate proper baselines, set up tiered structures that protect your firm's profitability, and ensure you're not giving away too much when team members exceed expectations. If you've been struggling with incentive structures that feel unfair or unsustainable, this episode provides the roadmap to fix them once and for all—while keeping your business healthy and your team motivated.

Get full show notes, transcript, and more information here: https://www.velocitywork.com/305

  continue reading

311 episodes

Artwork
iconShare
 
Manage episode 477165316 series 3583206
Content provided by Melissa Shanahan. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Melissa Shanahan or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Is your law firm's incentive structure actually hurting your business instead of helping it? Many bonus systems are fundamentally broken—either paying out too much or making it impossible for team members to succeed.

In the second part of this deep dive into incentives and bonuses, Melissa walks you through how to calculate proper baselines, set up tiered structures that protect your firm's profitability, and ensure you're not giving away too much when team members exceed expectations. If you've been struggling with incentive structures that feel unfair or unsustainable, this episode provides the roadmap to fix them once and for all—while keeping your business healthy and your team motivated.

Get full show notes, transcript, and more information here: https://www.velocitywork.com/305

  continue reading

311 episodes

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