Year-End Bonuses: Do's and Don'ts

In this episode of Accountants Law Pod we pull back the curtain on one of the most anticipated—and often misunderstood—topics in law firm management: year-end bonuses.

From partner distributions to employee bonuses, we explore how thoughtful planning, clear communication with your financial team, and early forecasting can make bonus season a celebration instead of a scramble.

00:54 Partner Bonuses Discussion
01:33 Employee Bonuses and Payroll
02:36 Profit Sharing and Bonus Structures
03:25 Emotional Impact of Bonuses
06:05 Planning Partner Bonuses
07:53 Importance of Recognizing Contributions
13:24 Value of Pay Stubs and Employee Benefits
16:23 Discussing Employee Benefits and Bonuses
16:54 The Importance of Health Coverage
17:32 Generosity and Sustainability in Firms
18:39 Evaluating Bonus Structures
21:12 Creative Bonus Ideas
22:39 Planning and Budgeting for Bonuses

Be sure to subscribe for more episodes!
Find us on YouTube as well!

If you have questions, topic requests, or guest suggestions you can email us at [email protected] or send us a message through our website, www.accountantslawpod.com

If you want to join us in the Accountants Law Lab, visit our website at www.accountantslawlab.com to sign up!

If you want to follow along with Steve’s airstream adventures, as well as Accountants Law Pod updates, be sure to follow us on instagram at Accountants Law Pod.

Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.