Should You Share Your Financials with Your Employees? With Ryan Deiss

How much financial information should you share with employees? 

 

On today's episode, hosts Roland and Ryan assess whether it's best to share the company's financial information with employees. While there's no straightforward answer to this question, Ryan believes the more transparent you are with your financials, the better. But you should know how much information is helpful versus unnecessary information overload.  

Join us as we discuss the dos and don'ts of sharing financial information with employees and how to structure compensation plans based on your budget.

IN THIS EPISODE, YOU'LL LEARN:

Dos and Don'ts of sharing financial information with employeesAligning company goals with employee compensationWhy you need to stop running your business like a funded companyHow assumptions impact employee engagementWhy you need to compensate employees based on growthBenefits of sharing financial information with employeesHow to design an effective compensation plan

LINKS AND RESOURCES MENTIONED IN THIS EPISODE:

Ask Roland and Ryan a question HERE.

OUR PARTNERS:

7 Steps to Scalable workbookGet a free proposal from Conversion FanaticsGet 3% cash back on your ad spend with AdCardGet my book, Zero Down, FREE

Thanks so much for joining us this week. Want to subscribe to Business Lunch? Have some feedback you'd like to share? Connect with us on iTunes and leave us a review!

Mentioned in this episode:

Get Scalable Live - THE PREMIER EVENT FOR BUSINESS OWNERS

Over 3 days, network and collaborate with fellow entrepreneurs and CEOs to build a ‘recession proof’ plan to scale your company to 8-figures and beyond, and…leave knowing 2023 is going to be your best year yet!

Get Scalable Live

Build Your CEO Dashboard!

Get one report every week of the key metrics you need to know with the CEO Dashboard!

CEO Dashboard