The EntreLeadership Podcast cover image

Why Making a Profit Isn’t Enough to Survive in Business

The EntreLeadership Podcast

00:00

Structuring Fourth Quarter Bonus

This chapter explores the challenges of determining the right goal for a fourth quarter bonus in a staffing and recruiting franchise. It discusses the mistake of paying bonuses for activities that don't result in profit and suggests aligning the incentive plan with the desired outcome. The chapter also touches on rethinking the business model and proposes an alternative approach to charging clients.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app