Craft Brewery Financial Training Podcast
Craft Brewery Financial Training Podcast
Brewery Bonus Plans 101
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
Larry Chase is a certified Open Book Management Coach and teaches companies how to be financially transparent with all of their employees.
In this podcast, Larry and I talk about brewery compensation and bonus plans. Larry shares what NOT to do, and best practices to follow if you are thinking about putting a bonus plan in place for managers or staff.
Key Topics
- Top reasons why bonus plans fail...and how to avoid them
- Bonus plan best practices
- How to use mini-games to create 'early wins'
Resources
- Connect with Larry Chase
- Learn more about the brewery financial round table
Today’s episode is brought to you by BevCap. At Beer Business Finance, we talk a lot about installing systems that improve profitability and health insurance should be no exception. BevCap helps beverage companies apply the same discipline they use across the rest of the P&L to employee benefits, helping create smarter plans, more visibility into costs, and significant savings over time. To learn more visit BevCapManagement.com.
Ready to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies.