Ep 14 - Ditch the Bonus - Towards Transparent Profit Distribution

Show Notes

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.

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