Agency Profit Sharing Plan
- Regular price
- $99.00 USD
- Regular price
-
- Sale price
- $99.00 USD
- Unit price
- per
Align company and team incentives with a profit-sharing plan.
Your agency can use profit-sharing to share the upside with the team while also providing a way to build business literacy so that everyone could start making the connection between their actions and the company's results.
This bundle of two files includes the very slides (scrubbed of some sensitive financial data), in PDF format that Barrel presented to their team when rolling out a Profit Sharing Plan.
We've also included an Excel file that can be used as a calculator to help team members project their own profit-sharing numbers.
Disclaimer: We recommend using this as inspiration and not a prescription for a profit-sharing plan. Every company has unique requirements and needs, and this profit-sharing plan may not necessarily be compatible. Barrel reviewed and asked around about many other profit-sharing plans before we landed on this particular approach. Please be deliberate in doing your research, design, and calculations when implementing a profit-sharing plan. We also recommend that you consult an accountant and/or lawyer to ensure you have proper agreements and tax considerations in place.