Sharing Agency Finances with Key Employees… #AskSwenk 48

By Jason Swenk on September 20, 2016

Figuring out the right level of transparency to have with employees about agency finances. How much should they know in order to motivate them and how much is too much?

Jack asked:

{1:35}  “I like the idea of bonuses based on profitability. How much info should I share with my team? Do they need to know everyone else’s salary/wages so they can monitor project budgets, costs, profits, etc.?”

{3:47}  “How much financial info should I share, and how much is too much?”

{6:59}  “Will employees get resentful knowing how much the CEO/Owner make?”

 

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