Welcome back to the FNDN Series, where we continue our deep dive into startup compensation with Melissa Theiss, Head of People at Kit and founder of Fledge. In this third episode of our conversation, we unpack a hot topic in the startup world—are personal bonuses worth the trouble they cause? We explore how to transform bonuses from expected entitlements into true motivators, design programs that drive performance without creating resentment, and implement profit-sharing that connects employee success to customer outcomes. If you enjoyed our previous chats with Melissa on cookie-cutter compensation and job structure, you'll find this final instalment equally practical for rethinking your incentive strategy.
Chapters:
[01:45] Introduction to Melissa Theiss and her background
[02:08] Are bonuses necessary for startups?
[03:52] Turning bonuses into incentives, not expectations
[05:24] Making bonuses tangible and meaningful
[07:41] Transparency about bonus attainment rates
[10:03] Designing a bonus program with real accountability
[11:03] Profit-sharing as an alternative approach
[12:18] Episode wrap-up and key takeaways
Connect with Melissa Theiss
Visit https://kit.com/
Linkedin: @melissatheiss
More FNDN Episodes at Spotify | Apple Podcast
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