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#306: Creating a Sustainable Group Bonus Structure for Your Law Firm
Manage episode 478411039 series 3583206
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Are you struggling to create a bonus structure that rewards your team while protecting your firm's financial health? Many law firm owners implement incentive plans that end up hurting their business or creating resentment.
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In this episode, Melissa builds on the previous discussions about incentives by focusing specifically on group bonus structures. She shares why revenue-based incentives can be problematic and offers a more sustainable approach based on profit after owner distributions and taxes. This method ensures the business remains healthy while still providing meaningful rewards when the firm is truly thriving.
Get full show notes, transcript, and more information here:https://www.velocitywork.com/306
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