Episode #394: 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 employees
  • Aligning company goals with employee compensation
  • Why you need to stop running your business like a funded company
  • How assumptions impact employee engagement
  • Why you need to compensate employees based on growth
  • Benefits of sharing financial information with employees
  • How to design an effective compensation plan

LINKS AND RESOURCES MENTIONED IN THIS EPISODE:

  • Ask Roland and Ryan a question HERE.

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