Setting up profit sharing (that actually works) in a small software development business entrepreneur how earn by blogging blog

Hi y'all,

I'm creating a plan to implement profit sharing in my business https://www.atlascode.com.

I'd like to setup a profit share plan that takes 10% to 30% of the annual profit we make, and redistributes that amongst the entire team. This amount will be prorated according to salaries and percentage of the year that people worked, so every employee will receive a part of the profits amounting to an equal percentage of their salary.

But...

I fear that sooner or later, every employee will conclude they have no real power to affect the size of their own bonus, and so the motivation will slowly disappear.

To get around this, I want to design specific profit share programmes for each department. For the sales and marketing department it's quite easy. But these departments are harder:

• Software development
• Testing and 2nd line support
• Customer service and support

For each of these departments I need to identify what it is that that they do which most contributes to my bottom line. Any ideas on how to motivate these particular departments is greatly appreciated.

Thanks in advance

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