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8min chapter
How to Pay Your People and Survive a Down Economy
The EntreLeadership Podcast
Determining Bonuses in a Fluctuating Economy
In this chapter, the speakers discuss how to determine employee bonuses in a fluctuating economy. They emphasize the importance of setting clear expectations and not basing bonuses on equal amounts for all employees. They also stress the idea that bonuses should be seen as a one-time gesture of appreciation and not a permanent change in compensation policies.
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